March 5, 2024
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2:15Now PlayingElon Musk has lost his position as the world's richest person to Jeff Bezos for the first time in over 9 months. This shift occurred as Tesla shares dropped by 7.2% on March 4, causing Musk's net worth to fall to $197.7 billion, while Bezos' net worth rose to $200.3 billion. This marks the first time since 2021 that Bezos has topped the Bloomberg Billionaires Index. The wealth gap between Musk and Bezos has been narrowing as Amazon and Tesla shares move in opposite directions. Amazon shares have more than doubled since late 2022 and are close to reaching a record high, whereas Tesla shares have declined by 50% from their peak in 2021.
#elonmusk #jeffbezos #billionairelist #richestperson #worldsrichestman #businessnews #topnews #etnow #etnownews
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