Jeff Bezos retakes the throne of world’s richest person

Jeff Bezos retakes the throne of world's richest person

Amazon Founder Jeff Bezos is yet again making ripples. This time Jeff Bezos is back as the world’s richest person.

Yes! As Tesla shares fall, resulting in a slight erosion in Elon Musk’ wealth.

This brings Jeff Bezos back on the throne of the world’s richest person. Tesla shares were down 2.4 per cent on Tuesday and Musk lost $4.6 billion,

According to Bloomberg Billionaires Index, Elon Musk slipped to second position. His net worth stands at191.2 billion dollars.

Earlier in January, Elon Musk took the position of world’s richest person. As his net worth crossed 185 billion dollars after Tesla’s share price increased.

He took the top spot from Jeff Bezos who had it since 2017. But now it is once again none other than the soon retiring Jeff Bezos – world’s richest person.

However, Tesla surged in value this year. It had hit a market value of 700 billion dollars last month. It makes the electric car maker Tesla worth more than Toyota, Volkswagen, Hyundai, GM and Ford combined.

Well, it indeed is good news for fans of Jeff Bezos. Having Jeff Bezos back as world’s richest person.

ALSO READ: Read The Letter That Jeff Bezos Wrote To Amazon