Jeff Bezos Overtakes Elon Musk To Become The World’s Richest Person Again

Amazon CEO Jeff Bezos has returned to his position as the richest man in the world again after he overtook Telsa boss Elon Musk.  The Telsa boss lost about $4.5 billion Tuesday after Tesla’s (TSLA) shares fell 2.4%, which was enough to knock him to second place on the Bloomberg Billionaires Index ranking.

Bezos’ net worth also fell as the broader stock market lost a bit of ground — but his loss wasn’t as extreme, only taking a hit of about $372 million. That was enough to recapture his title that he held for about three years. The index currently says Bezos is worth $191 billion compared to Musk’s $190 billion.

In January Elon Musk became the richest person in the world with a net worth of $180 million. usk’s wealth surge over the past year marks the fastest rise to the top of the rich list in history and marks a dramatic financial turnaround for the famed entrepreneur.