Jeff Bezos is back on top of the world’s rich list after being briefly passed by Elon Musk.
Bezos, Amazon’s CEO, saw his net worth drop to US$182.1 billion, down by US$3.6 billion, yesterday, as shares of the e-commerce giant fell by more than two per cent.
However, Bezos’s net worth still put him ahead of Musk who lost US$13.5 billion in a day that saw shares of his electric vehicle company, Tesla, drop by almost eight per cent, according to Forbes.
Musk is now worth US$176.2 billion. His fortune has grown roughly US$150 billion since March of last year as Tesla’s share price flourished, jumping more than 720 per cent in 2020.