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Elon Musk : Dethroned as the Richest Person in the World

Elon Musk: Dethroned as the Richest Person in the World

By: Geetanjali

In the span of last nine months, this is the first time that Tesla and SpaceX founder Elon Musk has been exceeded in the race of World’s Richest Person by Bloomberg Billionaire Index.Due to continued devaluation of Tesla’s Stocks Elon has lost  his position to Amazon founder and former CEO Jeff Bezos, Musk is now on the second position in world’s richest person list. After 2021, this is the first time when Bezos has topped Bloomberg’s Billionaire Index.

Elon Musk Loses Title as World’s Richest Person

Elon Musk : Dethroned as the Richest Person in the World | Best Business Magazine in india
Elon Musk Loses Title as World’s Richest Person

Tesla’s stock prices have been rising since 2019 and it peaked in 2021 after which a decline can be seen, while Amazon has been growing continuously since post pandemic. There was a time when the difference between Elon Musk and Jeff Bezos was more than $142 billion. However the differences have shrunk a lot in recent years. As per the reports Elon Musk’s net worth might have to take another hit, as Delaware has knocked out Tesla’s $55 billion pay package.

Below is the list of Top 15 Richest People in the World. Which also includes Reliance founder Mukesh Ambani at 11th position with a net worth of $115 billion, and Gautam Adani founder of The Adani Group at 12th position with a net worth of $104 billion.

Elon Musk : Dethroned as the Richest Person in the World
Elon Musk Loses Title as World’s Richest Person
S.No Name Net Worth Country Industry
1. Jeff Bezos $200 B U.S Technology
2. Elon Musk $198 B U.S Technology
3. Bernard Arnault $197 B France Consumer
4. Mark Zukerberg $179 B U.S Technology
5. Bill Gates $150 B U.S Technology
6. Steve Ballmer $143 B U.S Technology
7. Warren Buffet $133 B U.S Diversified
8. Larry Ellison $129 B U.S Technology
9. Larry Page $122 B U.S Technology
10. Sergey Brin $116 B U.S Technology
11. Mukesh Amabni $115 B India Energy
12. Gautam Adani $104 B India Industrial
13. Michael Dell $103 B U.S Technology
14. Carlos Slim $103 B Mexico Diversified
15. Francoise Bettencourt Meyers $97.1 B France Consumer

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