Elon Musk loses to Jeff Bozos to recover the title of richest man in the world.

In 2024, Bezos made $23 billion, while Musk lost $31 billion, based to the Bloomberg Billionaires . Index.In order to regain his position as the richest person in the world, Jeff Bezos overthrew Elon Musk.

The CEO of Tesla is currently worth $198 billion ,

but the creator of Amazon is worth $200 billion . according to the Bloomberg Billionaires Index on Tuesday.
According to the index, Bezos has made $23 billion in gains thus far in 2024,

while Musk has lost almost $31 billion.

The Billionaires wealth gains and losses closely tracked the stock fortunes of Amazon and Tesla,

who count their founders as their biggest shareholders.

This year, Amazon’s share price has increased by more than 18%, while Tesla’s has decreased by 24%.

Bezos is still the largest shareholder in the massive e-commerce company,

with a 9.56 percent interest, despite having sold $8.5 billion worth of Amazon shares earlier this month.In

The month of January,a judge in the US States Struck down a Tesla pay packages for Elon Musk valued

At up to $55.8bn After finding that process for approving his remuneration was deeply flawes.

In May, Musk—who also serves as the CEO of X and SpaceX—

overtook luxury goods tycoon and chairman Bernard Arnault, moving up to the top of the list with $197 billion.

in the stock market and other economic data.