Bezos Retakes Position and Musk Falls to Third Place among the richest in the world

In a turnaround in the dispute for the title of second richest man in the world, Jeff Bezos, founder of Amazon, surpassed Elon Musk, CEO of Tesla and SpaceX, according to the latest update to the Forbes list of billionaires in real time. The change in positions occurred at the beginning of May, with Bezos' fortune estimated at US$200 billion, against Musk's US$192.7 billion.

Comes and goes from the rich

Since the end of 2023, the race for second place among the world's richest billionaires has become a real game of musical chairs, with Jeff Bezos and Elon Musk swapping positions at a frantic pace. According to data from Forbes, in March 2024 alone, the alternation between the two tycoons occurred on at least 13 occasions.

In April, a significant appreciation in Tesla shares propelled Musk to the lead, but the joy was short-lived. Days later, Bezos resumed his post, demonstrating how fluctuations in the stock market can significantly influence the fortunes of billionaires, especially in the technology sector.

The dynamics are not limited to the two giants. For example, today, Larry Page (Co-founder of Google) woke up US$1.6 billion richer than the day before, showing some of the dynamism that is the stock market.

List of the 5 richest in the world

The Forbes billionaires list is updated in real time, and the positions and values ​​of fortunes may change. Below, a summary of the 5 richest people in the world as of May 16, 2024, based on the magazine's ranking:

1. Bernard Arnault. Net worth: US$ 219.4 billion (Reproduction/GettyImages Embed)

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2. Jeff Bezos. Net worth: US$200 billion (Reproduction/GettyImages Embed)

3. Elon Musk. Net worth: US$ 192.7 billion (Reproduction/GettyImages Embed)

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4. Mark Zuckerberg. Net worth: 168.6 billion (Reproduction/GettyImages Embed)

5. Larry Ellison. Net worth: US$ 118.6 billion (Reproduction/Forbes Brasil)

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Despite this, it won't be a surprise if Elon Musk returns to second position soon, he and Bezos have several technology companies that, with each announcement or new discovery, increase their shares' value considerably. This month alone, Jeff Bezos increased his fortune by US$7.6 billion and promises to increase it even more, as the tycoon announced that he will return to space tourism soon, with his company, Blue Origin.

Featured Photo: Jeff Bezos at a conference (Reproduction/InfoMoney)