Bezos dethrones Musk to reclaim title of world's richest man

AFP
By AFP March 05, 2024 06:52 (EAT)
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Bezos dethrones Musk to reclaim title of world's richest man

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS

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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, 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.

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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