Amazon’s Jeff Bezos Becomes The Richest Person In The World, Elon Musk Slips To Second Place

OM Prakash
3 Min Read
Jeff Bezos and Elon Musk

Tesla CEO and SpaceX owner Elon Musk have been holding the title of the richest person in the world for a long time. However, he is no longer the richest businessman in the world, and Amazon founder Jeff Bezos has come in first place on the list of the wealthiest people and pushed Elon Musk to second place. According to the Bloomberg Billionaires Index, this reversal has come to light.

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Jeff Bezos Becomes The Richest Person In The World

Amazon founder Jeff Bezos currently has assets worth $200 billion; with this, he has become the wealthiest businessman and the richest person in the world. Although Jeff Bezos’s wealth has also declined by $500 million, his net worth is at $200 billion, more than Elon Musk’s total wealth. So far this year, Jeff Bezos has increased his wealth by $23.4 billion, while Elon Musk’s net worth has decreased by $31.3 billion.

What Was The Reason For Elon Musk’s Lagging Behind?

There has been a huge fall in the shares of Elon Musk’s company, Tesla, in the global markets, and due to this, Elon Musk’s net worth decreased by 17.6 billion dollars yesterday. Due to a decrease in the total capital of Tesla shares, Elon Musk’s net worth dropped to below 200 billion dollars. With a total wealth of $198 billion, Elon Musk has slipped to second place in the Bloomberg Billionaires Index.

India’s Mukesh Ambani Is Close To Being In The Top 10

Indian billionaire Mukesh Ambani is ranked 11th in the Bloomberg Billionaires Index and worth $115 billion. Mukesh Ambani has added $18.2 billion to his net worth this year. Another Indian businessman, Gautam Adani, is at number 12 on this list and currently has a net worth of $104 billion. This year, Gautam Adani has seen an increase of $ 19.2 billion in net worth.

Names Of Top 10 Rich In Bloomberg Billionaire Index

World’s Richest Person Total Net Worth
Jeff Bezos $200 Billion
Elon Musk $198 Billion
Bernard Arnault $197 Billion
Mark Zuckerberg $179 Billion
Bill Gates $150 Billion
Steve Ballmer $143 Billion
Warren Buffet $133 Billion
Larry Ellison $129 Billion
Larry Page $122 Billion
Sergey Brin $116 Billion


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By OM Prakash Journalist and Developer
OM Prakash is responsible for maintaining and improving News Waker's website. He ensures the site is user-friendly, accessible, and up-to-date with the latest web technologies.