Jeff Bezos Reclaims His Title As World’s Richest Man, Surpassing Elon Musk

Date: 05-03-2024 8:43 am (1 month ago) | Author: onuigbo felicia
- at 5-03-2024 08:43 AM (1 month ago)
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Jeff Bezos reclaimed his title as the world's richest person on Monday, surpassing Elon Musk on the Bloomberg Billionaires Index.

According to the tracker, Bezos' net worth reached $200 billion, edging out Musk's $198 billion. Musk, who heads Tesla, X (formerly Twitter), and SpaceX, has seen his wealth decline by over $30 billion due to a 25 percent drop in Tesla's share price in recent months.

Moreover, Musk faced setbacks as a court approved the cancellation of his substantial compensation agreement with Tesla, initially valued at $55.8 billion and established in 2018.

In contrast, Bezos, despite stepping down as Amazon's CEO, has benefited from the ecommerce giant's soaring stock price. Even after selling off $8.5 billion in stocks recently, he remains Amazon's largest shareholder.

Bernard Arnault, the CEO of luxury conglomerate LVMH, retains his position as the third-richest person globally, with a net worth of $197 billion.

Posted: at 5-03-2024 08:43 AM (1 month ago) | Addicted Hero
- kp45 at 5-03-2024 09:13 AM (1 month ago)
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Ok, coming through.
Posted: at 5-03-2024 09:13 AM (1 month ago) | Addicted Hero
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- gogoman at 5-03-2024 10:31 AM (1 month ago)
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we all pay for him  Roll Eyes Roll Eyes Roll Eyes
Posted: at 5-03-2024 10:31 AM (1 month ago) | Grande Master
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- fineboy77 at 5-03-2024 05:39 PM (1 month ago)
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ok

Posted: at 5-03-2024 05:39 PM (1 month ago) | Addicted Hero
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