Jeff Bezos is world's richest person again, edging out former No. 1 Elon Musk (2024)

Jeff Bezos is richest person on Earth

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion.

Jeff Bezos is world's richest person again, edging out former No. 1 Elon Musk (2)

Musk, who also heads X, the former Twitter, and SpaceX, has seen his riches fall by more than $30 billion as Tesla's share price has dropped 25 percent in recent months.

Adding to Musk's woes, a court in January approved the annulment of his enormous Tesla compensation agreement, worth $55.8 billion and originally reached in 2018.

Meanwhile Bezos, who no longer runs Amazon, has benefited from the ecommerce giant's rising stock price.

Even after recently selling off $8.5 billion in shares, he remains the company's largest stockholder.

The French CEO of the luxury group LVMH, Bernard Arnault, remains in third place in the rankings of the world's richest people, with a net worth of $197 billion.

Jeff Bezos is world's richest person again, edging out former No. 1 Elon Musk (2024)
Top Articles
Latest Posts
Article information

Author: Geoffrey Lueilwitz

Last Updated:

Views: 6409

Rating: 5 / 5 (80 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Geoffrey Lueilwitz

Birthday: 1997-03-23

Address: 74183 Thomas Course, Port Micheal, OK 55446-1529

Phone: +13408645881558

Job: Global Representative

Hobby: Sailing, Vehicle restoration, Rowing, Ghost hunting, Scrapbooking, Rugby, Board sports

Introduction: My name is Geoffrey Lueilwitz, I am a zealous, encouraging, sparkling, enchanting, graceful, faithful, nice person who loves writing and wants to share my knowledge and understanding with you.