Musk lost the title of the world’s richest man. This is the first time in the last 9 months that someone has lost him. Amazon boss Jeff Bezos has overtaken Tesla boss Elon Musk to become the world’s richest man. Jeff is currently the richest person in the world on the Bloomberg Index.
According to a Bloomberg report, Tesla CEO Elon Musk’s assets are currently $197.7 billion. Where Jeff Bezos is slightly ahead. Bezos, the founder of Amazon, is worth $200.3 billion.
Amazon’s profit figures for the past one year are high. 23 million USD in profit in last one year. There Musk has collected 31 billion dollars in the last year. In terms of numbers, Musk’s financial loss is greater than Bezos’s profit figure. In addition, the speed of the mask in the stock market was shaky.
Musk’s challenge is expected to increase with a Delaware court push over a $55 billion pay package case. Former top executives have also filed a case against the Twitter boss. That is, all in all, the US billionaires are under pressure.
Bezos has been crowned the world’s richest man for four consecutive years. Sometimes the Musk overshadowed him, but he regained his position. As Amazon’s share price rises on the stock market, his personal wealth continues to grow.