Jeff Bezos becomes world’s richest at $200B

Amazon CEO Jeff Bezos claimed the title of the world’s wealthiest person, surpassing a net worth of $200 billion

Elon Musk experienced a significant wealth setback, losing $17.6 billion in a single day as Tesla shares plummeted by 7.2% on Monday. 

This decline caused him to slip from his position as the world’s richest person. 

Jeff Bezos, Amazon’s CEO, claimed the top spot with a net worth reaching $200 billion, surpassing Musk’s $198 billion. 

Bezos’ ascent was driven by an 18% surge in Amazon’s share price, contrasting with Tesla’s 24% year-to-date decline. 

Bernard Arnault holds the third spot globally with a total wealth of $197 billion. 

As these titans navigate the ebb and flow of the financial landscape, their standings on the Bloomberg Billionaires Index illustrate the volatility inherent in high-stakes finance.

Source: Newsroom

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