Jeff Bezos Reclaim His Position As The World Richest Man

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The founder of the multinational technology company Amazon Jeff Bezos reclaim his title as the world richest person, after surpassing Tesla’s chief executive officer Elon musk.

Musk lost about $4.5 billion on Tuesday after tesla shares fell 2.4%, which was enough to knock him to second place on Bloomberg billionaire index ranking.

Jeff Bezos Reclaim His Position As The World Richest Man

The Amazon CEO Jeff Bezos net worth fell when the stock market lost a bit of it ground, but his wasn’t as extreme, only taking a hit of $372 million but still enough to recapture his title that he held for three years as the world richest person. Jeff Bezos currently worth $191 billion compared to tesla CEO Elon musk who is currently worth $190 billion.

Musk’s surge to first place happened when the $170 million shares of tesla he already owns increased in value by $106 billion during 2020, as shares shot up 743% during the course of the year. 

Jeff Bezos had a vigorous 2020 too, his stake in the company increased by $75 billion in 2020, to $173.3 billion, with the huge increase in sales driven by the covid-19 pandemic. Meanwhile bill gate remains the third richest person with $137 billion

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