Elon Musk loses world’s richest person title to Jeff Bezos

Musk lost his position atop the Bloomberg Billionaires Index to Bezos after shares in Tesla Inc tumbled 7.2% on March 4. — AFP

For the first time in more than nine months, Elon Musk is no longer the world’s richest person.

Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc tumbled 7.2% on March 4. Musk now has a net worth of US$197.7bil (RM934.13bil); Bezos’ fortune is US$200.3bil (RM946.41bil).