Bezos reclaims title of world’s richest after Musk slips

Bezos resumes the mantle of world’s richest person as he’s about to cede a title of his own. Amazon.com Inc announced this month that Bezos will down step as CEO of the e-commerce giant in the third quarter to focus on other projects. — AFP)

Elon Musk’s reign as the the world’s richest person was brief.

Tesla Inc shares slid 2.4% on Feb 16, erasing US$4.6bil (RM18.56bil) from its chief executive officer’s fortune and knocking him from the top spot on the Bloomberg Billionaires Index ranking.