Musk lost about $ 4.5 billion on Tuesday adze (TSLA) shares fell 2.4%, which was enough to make it second in the Bloomberg Billionaires Index. Bezos’ net worth also declined as the broader stock market lost little ground – but its loss was not as extreme, with only a hit of about $ 372 million. This was enough to regain the title he held for about three years.
Currently, the index says Bezos is worth $ 191 billion, compared to $ 190 billion.
Musk’s first rise came in early January, when Tesla’s stock rose. The 170 million shares of Tesla it already owns have grown by $ 106 billion in 2020, as shares grow by 743% during the year. The CEO of Tesla also ignited the flames during a commercial frenzy he sent GameStop (GME) actions explode (and later deflated).
Bezos also had a fairly robust 2020. Amazon’s stake in the company has increased by $ 75 billion in 2020 to $ 173.3 billion, given the huge increase in sales caused by the Covid-19 pandemic. Earlier this month, he announced that he was stepping down as CEO and will step down as chief executive later this year.
Meanwhile, Bill Gates remains the third richest man in the world, worth $ 137 billion.
Chris Isidore of CNN Business contributed to the report.