Amazon founder Jeff Bezos reclaimed his title as the world’s richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.
According to the tracker, Bezos’ net worth is $200 billion, which surpasses Tesla CEO Elon Musk’s $198 billion.
Musk, who also runs X, the old Twitter, and SpaceX, has seen his fortunes plummet by more than $30 billion as Tesla’s stock price has fallen 25% in recent months.
In January, a judge ruled to cancel Musk’s $55.8 billion Tesla pay agreement from 2018.
Meanwhile, Amazon’s former CEO, Jeff Bezos, has benefited from the company’s soaring stock price.
Despite recently selling approximately $8.5 billion in shares, he remains the company’s top shareholder.
Bernard Arnault, the French CEO of the luxury business LVMH, stays in third place on the list of the world’s richest individuals, with a net worth of $197 billion.
