WASHINGTON, March 5, 2024 (BSS/AFP) - 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.

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.

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.