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Jeff Bezos overtakes Elon Musk to reclaim spot as world’s richest person

NEWSMAN – Amazon owner, Jeff Bezos has reclaimed his title of world’s richest person.

Recall that Elon Musk, Tesla CEO earlier overtook the Amazon boss to become the world’s wealthiest person after benefitting from Tesla’s surging share price.

Unfortunately, Musk lost about $4.5 billion on Tuesday after Tesla shares fell 2.4%, taking him back to second place.

A statement by the Bloomberg Billionaires index ranking on Wednesday said Bezos is now worth $191 billion compared to Musk’s $190 billion.

According to the statement, Bezos’ net worth also fell by about $372 million but that was enough to take him to top spot, a position he has held for about three years.

It also revealed that Bill Gates remains at the third position with $137 billion of worth.

Earlier this month, Bezos announced he would turn the helm over to Amazon’s top cloud boss Andy Jassy. Bezos is expected to still keep an eye on the company he founded, but he will have more time to focus on other projects, including his Blue Origin rocket company and The Washington Post, as well as philanthropic ventures the Bezos Earth Fund and the Amazon Day 1 Fund.

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