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Home»Business
Business

Jeff Bezos Surpasses Elon Musk to Become the Wealthiest Person in the US in the 11th Change of Position This Month

March 27, 2024No Comments2 Mins Read
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The battle for the title of the second-wealthiest person in the world and the wealthiest person in the U.S. continues between Amazon founder and chairman Jeff Bezos and Tesla CEO Elon Musk. As of Tuesday, Bezos has overtaken Musk, with an estimated net worth of $196.4 billion, while Musk’s net worth is also estimated at $196.4 billion. The two billionaires have been going back and forth for the top spot in recent weeks.

On March 26, Bezos reclaimed the second-wealthiest spot from Musk despite a drop in his net worth of about $1.3 billion, while Musk’s net worth increased by about $2.8 billion. However, Musk returned to the second spot later that afternoon as his net worth rose by about $4.6 billion, surpassing Bezos, whose net worth increased by $366 million.

The battle between Bezos and Musk has been ongoing, with Bezos overtaking Musk on March 21 by a margin of over $4 billion, as Bezos’ net worth increased by $694 million while Musk’s fell by $1.5 billion. However, on March 20, Musk overtook Bezos as his net worth increased by $815 million, while Bezos’ net worth fell by about $558 million.

On March 19, Bezos reclaimed the second-wealthiest spot from Musk as his net worth grew by $1.3 billion, while Musk’s fortune had fallen by $1.2 billion. The pair has been swapping places in the Forbes Real-Time Billionaire List frequently, with nine changes in the wealth rankings since the beginning of March.

Forbes estimates Musk’s net worth to be around $193.8 billion, while Bezos’ net worth is estimated at $196.8 billion. The ongoing battle between the two billionaires has resulted in several shifts in wealth rankings over the past month. Bernard Arnault, CEO of the LVMH empire, remains the wealthiest person in the world, with an estimated net worth of approximately $231.5 billion as of Thursday. The competition between Bezos and Musk for the top spot in the wealth rankings is ongoing, with both billionaires vying for the title of the second-wealthiest person in the world.

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