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Elon Musk drop as Jeff Bezos climbs back as the World Richest

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1 year ago

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July 4, 2022

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All Naija Entertainment

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Jeff Bezos

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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