The soon to be Amazon former CEO Jeff Bezos has reclaimed his tittle as the World’s richest man after South Africa’s Elon Musk’s Tesla shares dropped 2.4% last week on Tuesday and knocked $4.6 billion off Musk’s fortune, Business Today reports.
Bezos who was the world’s richest man for 3 years before being overtaken by the African last week reclaimed his position as his value is around 900 million more than that of Musk’s.
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According to the publication:
Tesla’s shares fell 2.4 per cent on Tuesday, February 16, wiping out $4.6 billion from Musk’s fortune. Meanwhile, Bezos, who had held the title for over three years until last month, regained his number one position with a net wealth of $191.2 billion, or $955 million more than Tesla’s CEO.
Musk’s reign as the world’s richest man lasted for about 6 weeks before Bezos who is going to step down as the Amazon CEO this year to focus on his other company Blue Origin.
More: Business Today