Jeff Bezos reclaims title of world's richest, ousting Elon Musk from top spot
Jeff Bezos has reclaimed the title of the world's wealthiest person, surpassing Elon Musk, with a net worth of $200.3 billion.
Source: Pexels
Amazon's soaring stock, doubling since late 2022, contrasts with Tesla's 50% decline from its peak, contributing to Bezos's wealth surge.
Source: Pexels
Tesla's 7.2% stock drop was attributed to weak Shanghai factory data, while Amazon's robust online sales boosted Bezos's fortune.
Source: Pexels
A Delaware judge invalidated Musk's $55 billion pay package at Tesla, impacting his wealth calculation despite significant stakes in Tesla and SpaceX.
Source: Instagram
Bezos's primary wealth source is his 9% stake in Amazon, even after selling $8.5 billion in shares last month, securing his top spot among billionaires.