Musk lost the top spot to Jeff Bezos after Tesla Inc. shares fell 7.2 percent. Currently, Musk’s net worth is $197.7 billion, while Bezos’ net worth is $200.3 billion.
Elon Musk is no longer the richest man in the world. The Bloomberg Billionaires Index changed on Monday.
After more than nine months, Twitter CEO Elon Musk has lost the top position in the list of the richest people to Jeff Bezos, the founder of the world’s largest e-commerce site, Amazon. And for the first time, Bezos’ name came to the top of the list.
Since 2021, Elon Musk has been at the top of the list of the world’s richest people.
This is the first time he has lost his position.
As of November, Bezos’ net worth was 17 trillion (170 billion) US dollars. At that time, he was the third-richest person in the world.
Under Bezos’ leadership, Amazon is now running e-commerce as well as cloud computing, online advertising, digital streaming, and artificial intelligence businesses.
Jeff Bezos founded Blue Origin, a company that sends manned rockets into space.
Bezos was born on January 12, 1964, in New Mexico, USA. Amazon was founded by Jeff Bezos almost 30 years ago. Amazon, which started as a simple online book seller in a garage, is now an e-commerce giant.
