Elon Musk loses to Jeff Bezos as the richest person in the world.
Since 2021, Bezos, the 60-year-old founder of Amazon.com, Inc., has not finished first on Bloomberg’s list of the richest individuals.
The richest person in the world is no longer Elon Musk.
Following a 7.2% decline in Tesla shares on Monday, Musk lost his job to Jeff Bezos for the first time in nine months.
Bezos is worth $200.3 billion, whereas Musk is currently worth $197.7 billion.
Since 2021, Bezos, the 60-year-old founder of Amazon.com, Inc., has not finished first on Bloomberg’s list of the richest individuals.
The 52-year-old Musk and Bezos’s wealth disparity, once as high as $142 billion, has been closing as the prices of Amazon and Tesla’s shares move in different ways. Although both are part of the renowned Magnificent Seven stocks that have driven the US equity markets, since late 2022, Amazon’s shares have more than doubled and are on the verge of reaching all-time highs. Tesla has dropped almost 50% from its peak in 2021.
After initial statistics revealed that shipments from Tesla’s Shanghai facility plummeted to the lowest level in almost a year, the company’s shares plunged on Monday. Meanwhile, Amazon recently experienced its largest increase in online sales since the beginning of the pandemic.
Musk’s wealth could take a further hit after a Delaware judge struck down his $55 billion pay package at Tesla, where he’s chief executive. The decision took the side of an investor who’d challenged Musk’s compensation plan, which had been the largest in history.
About Elon Musk:
Elon Reeve Musk, born June 28, 1971, is a businessman and investor. He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp.; founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation. He is one of the wealthiest people in the world, with an estimated net worth of US$213 billion as of February 2024, according to the Bloomberg Billionaires Index, and $210 billion according to Forbes, primarily from his ownership stakes in Tesla and SpaceX.
Elon Musk Age
Elon Reeve Musk is 52 years old and was born on June 28, 1971. He was born in Pretoria, the administrative capital of South Africa. He has Pennsylvania, Dutch, and British ancestry.
Elon Musk’s Net Worth
Elon Musk’s net worth is 21,050 crores USD; Elon Musk’s net worth is over $242 billion, or Elon Musk’s net worth in rupees is Rs. 2,10,000 crore.
Elon Musk’s 1-day income
Elon Musk earns almost $54 million a day on average, which is equivalent to around $2.3 million an hour, $37,879 a minute, and $631 a second. And that’s if we take a 24-hour average of the income.
About Jeff Bezos
Born on January 12, 1964, Jeffrey Preston Bezos is an American investor, media owner, and businessman. Amazon is the largest e-commerce and cloud computing firm in the world. He is the founder, executive chairman, and former president and CEO of the company. As of March 2, 2024, he had a net worth of around US$199.1 billion, making him the second wealthiest person in the world.
Jeff Bezos Age
Jeffrey Preston Bezos is 60 years old and was born on January 12, 1964
Jeff Bezos Net Worth
Jeff Bezos’s net worth is 19,910 crores USD or $200 billion. As of 2024, Jeff Bezos’ net worth in rupees is 1.68 lakh crores.
FAQs
Who are the top 3 richest people in the world?
Elon Musk is among the top ten richest people in the world as of March 1, 2024. Bezos Jeff. Arnault Bernard.
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