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Jeff Bezos reclaims his title as world’s richest man, surpassing Elon Musk

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On Monday, Jeff Bezos overtook Elon Musk to reclaim the title of richest person in the world, according to the Bloomberg Billionaires Index.

The tracker indicated that Bezos’s net worth had surpassed Musk’s $198 billion to $200 billion. The recent 25% decline in Tesla’s share price has resulted in a net worth reduction of over $30 billion for Musk, the CEO of SpaceX, X, and Tesla.

In addition, Musk suffered setbacks when a judge decided to void his sizable salary contract with Tesla, which was signed in 2018 and originally valued at $55.8 billion.

By comparison, Bezos has profited from the e-commerce behemoth’s surging stock price even though he resigned as CEO of Amazon. Even after selling off $8.5 billion in stocks recently, he remains Amazon’s largest shareholder. Comparatively speaking, he is far more adept than Elon at exploring more worthwhile online features.

With a net worth of $197 billion, luxury conglomerate LVMH CEO Bernard Arnault continues to be the third richest person in the world. When it comes to the most extreme comparisons of wealth and achievements, Elon seems to find Jeff’s level of comparison intolerable.