Posted 3/5/2024, 1:12:00 AM
Bezos Reclaims Richest Person Title as Tesla Struggles Drop Musk to #2
- Jeff Bezos reclaimed title of world's richest person from Elon Musk as Tesla stock dropped
- Bezos' net worth reached $200B while Musk's declined to $198B, according to Bloomberg index
- Musk lost $31B in net worth year-to-date; Bezos gained $23.4B despite selling some Amazon shares
- Tesla shares fell over 7% Monday after new price cuts and discounts announced in U.S. and China
- Much of Musk's wealth connected to Tesla stock, which is down 24% year-to-date; judge voided his $56B compensation package