Elon Musk Net Worth: Elon Musk is no longer the richest person in the world, this billionaire left behind - Newztezz Online

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Tuesday, March 5, 2024

Elon Musk Net Worth: Elon Musk is no longer the richest person in the world, this billionaire left behind

Tesla owner and veteran businessman Elon Musk is no longer the richest person in the world. The title of the world's richest man has now gone to another tycoon. After a 7.2% decline in shares of Tesla Inc., Elon Musk has lost the position of the richest person in the Bloomberg Billionaires Index.

Big manipulation has been seen in the list of the rich around the world. The list of the world's richest people has been released, after which Elon Musk has got a big shock. According to Bloomberg, X and Tesla owner and veteran businessman Elon Musk is no longer the richest person in the world. The title of the world's richest man has now gone to another tycoon. After a 7.2% decline in shares of Tesla Inc., Elon Musk has lost the position of the richest person in the Bloomberg Billionaires Index. Let us tell you who has defeated him and won the title of the richest person in the world.

Jeff Bezos becomes the richest person in the world

Jeff Bezos has snatched away the title of world's richest businessman from Elon Musk. Elon Musk's net worth is $197.7 billion, while Bezos's net worth is $200.3 billion. This is the first time since 2021 that Amazon.com Inc. Founder Bezos tops Bloomberg's ranking of the richest people.

The wealth gap between 52-year-old Elon Musk and 60-year-old Jeff Bezos was once as high as $142 billion, which has also narrowed due to the growing trend between the shares of Amazon and Tesla. Shares of both the companies are included in the top 7 stocks, which have also influenced the American equity markets. Tesla is down about 50% from its 2021 peak.

Shipment at lower level

Tesla shares saw a decline on Monday. Shipments from its factory in Shanghai fell to the lowest level in more than a year, according to preliminary data. Meanwhile, Amazon has been at the top in online sales since the beginning of the Corona epidemic.

Ranking of Ambani and Adani

In the list of the world's richest people, nine are from America. Steve Ballmer is at sixth place in this list with $143 billion. America's legendary investor Warren Buffet is at seventh place with $133 billion. Larry Ellison ($129 billion) is at eighth place, Larry Page ($122 billion) is at ninth place and Sergey Brin ($116 billion) is at tenth place. Mukesh Ambani, the richest man in India and Asia, is at number 11 in this list with $115 billion. On Monday, his net worth increased by $ 1.24 billion. This year his net worth has increased by $ 18.2 billion. Adani Group Chairman Gautam Adani is at number 12, one place below Ambani, with a net worth of $104 billion. His net worth has increased by $19.2 billion this year.

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