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Washington: Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Bezos' net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief's $198 billion.
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Musk, who also heads X (formerly Twitter) and SpaceX, has seen his riches fall by more than $30 billion as Tesla's share price has dropped 25 percent in recent months. Adding to Musk's woes, a court in January approved the annulment of his enormous Tesla compensation agreement, worth $55.8 billion and originally struck in 2018.
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Bezos, who no longer runs Amazon, has meanwhile benefited from the ecommerce giant's rising stock price. Even after recently selling off $8.5 billion in stocks he remains the company's largest shareholder.
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The French CEO of the luxury group LVMH, Bernard Arnault, remains in third place in the rankings of the world's richest people, worth $197 billion.
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Meta co-founder and CEO Mark Zuckerberg comes in at 4th place at $179 billion as of March 5.
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At 5th place is Microsoft founder Bill Gates at $150 billion.
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Clockwise from left: Rounding up the top 10 are former Microsoft CEO Steve Ballmer ($143b), Berkshire Hathaway CEO Warren Buffett ($133b), Oracle founder Larry Ellison($129b), and Google co-founders Larry Page ($122b) & Sergey Brin ($116b).
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Asia's richest men Mukesh Ambani ($115b) and Gautam Adani ($104b) are 11th and 12th on the global richest list. Ambani has been trending online this week owing to the multimillion dollar pre-wedding festivities for his youngest son, which saw the world's richest and famous in attendance.
Image Credit: Bloomberg