Elon Musk has been stripped of the title of the world's richest man

Elon Musk has been stripped of the title of the world’s richest man

News By Mar 05, 2024 No Comments

Jeff Bezos snatches the title of the richest man in the world from Elon Musk, Photo: File

Washington: Elon Musk lost the title of the richest person in the world after a loss of 31 billion dollars, and now this position has been taken by the owner of Amazon, Jeff Bezos.

According to the Bloomberg Billionaires Index, Jeff Bezos’ wealth has increased by $23 billion this year. Their net worth rose to $200 billion, while Elon Musk’s fortune dropped to $198 billion after a loss of $31 billion.

Amazon’s share price has risen more than 18 percent this year, with Jeff Bezos’ shares the highest, while Tesla’s shares have fallen 24 percent.

The decline in Elon Musk’s wealth came after a US judge imposed a fine in January.

In the Bloomberg Billionaires Index, after Jeff Bezos and Elon Musk, Louis Vuitton CEO Bernard Arnault ranks third with $197 billion, while Facebook founder Mark Zuckerberg ranks fourth with $179 billion.

Similarly, Bill Gates, the founder of Microsoft, is on the fifth position with assets worth 150 billion dollars.

In this race, India’s Mukesh Ambani is at eleventh place with $115 billion.

Source link


I am highly accomplished computer science expert, renowned for my expertise in professional news writing and content creation. I am also valuable member of XCN, where I produces insightful and engaging news articles on a wide range of global topics.

No Comments

Leave a comment

Your email address will not be published. Required fields are marked *

How Long Taylor Swift and Joe Alwyn Dating Billie Eilish Just Made Her Surprise Acting Debut Sexy Butt Cleavage Are In Fashion Shraddha Kapoor eating Gollgape viral Annie Wersching Cause Of Death