Jeff Bezos Surpasses Elon Musk to Become World's Richest Person

Bezos' net worth reaches $200 billion as Amazon shares soar, while Musk's wealth declines due to Tesla stock tumble.

Jeff Bezos has reclaimed the title of the world's richest person, surpassing Elon Musk with a net worth of $200 billion.
Elon Musk's net worth declined to $198 billion after Tesla's stock fell by more than 7%, marking his first time out of the top spot in over nine months.
The shift in wealth rankings is attributed to contrasting stock performances of Amazon and Tesla, with Amazon shares more than doubling since late 2022.
Musk's wealth could face further challenges after a Delaware judge struck down his $55 billion pay package at Tesla, deeming it excessive.
Bernard Arnault remains a significant contender in the wealth race, with a net worth of $197.5 billion.