Elon Musk falls to the second richest person in the world

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Jeff Bezos once again won the title of the richest person in the world from Elon Musk, after Amazon shares surged on Wednesday.

Amazon shares rose nearly 1.5% on Wednesday, pushing Bezos’ net worth up $ 2.4 billion to $ 184.9 billion. This makes him the richest person in the world once again, according to TBEN‘estimates. Bezos is just $ 200 million richer than the richest number two Musk, who is worth $ 184.7 billion.

The Tesla chief briefly took first place from Bezos last Friday and again on Tuesday, TBEN calculated. Shares of Musk’s electric vehicle maker Tesla rose 0.6% on Wednesday, slightly increasing the fortune of its billionaire co-founder by nearly $ 1 billion.

As Musk and Bezos vie for the top spot, they are both richer by more than $ 30 billion than the third richest person in the world, French luxury magnate Bernard Arnault. It is now worth $ 150.5 billion, TBEN estimates.

While Bezos was the richest person in the world for much of 2020, Musk has closed the gap over the past year, his fortune growing at an unprecedented rate. His net worth has grown by around $ 160 billion since March 2020, when he was worth $ 24.6 billion. Musk’s fortunes have grown alongside the surge in Tesla’s share price, which rose more than 720% in 2020.

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