Musk loses title of world’s richest man – Bloomberg ...News

Economy by : (Russia Today) -
Plunging Tesla stock has seen the EV maker’s CEO dethroned by Amazon’s Jeff Bezos Elon Musk has lost his title as the world’s richest person, being replaced by Amazon founder Jeff Bezos, according to Bloomberg’s Billionaires Index, a listing of the world’s 500 richest people. As of Tuesday, Bezos’ net worth was $200 billion, while Musk’s stood at $198 billion. According to the index, the Tesla CEO has lost more than $31 billion over the past year, while Bezos has gained more than $23 billion. MarketWatch attributed Musk’s dethronement to the sinking of Tesla stock. Shares in the EV maker slid more than 7% on Monda

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