Business
Elon Musk drop as Jeff Bezos climbs back as the World Richest
American billionaire and founder of Amazon, Jeff Bezos has displaced his rival Elon Musk to reclaim the title of world’s richest man.
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The Amazon chief moved up the rank on Tuesday following a slip in Tesla shares, which dropped by 2.4%, going on to erase $4.6 billion from Elon Musk’s fortune.
By implication, Jeff Bezos, today, has $955 million more than Mr Musk, sustaining him as the richest man in the world.
According to reoorts, the American founder has a net worth of $191.2 billion after Amazon shares climbed 53% in the past 12 months.
The Amazon founder first became the world’s richest man in 2017 after displacing Bill Gates.

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