Bezos overtakes Musk to become the richest man

Amazon founder Jeff Bezos has reclaimed his position as the world’s richest man, unseating Elon Musk on the Bloomberg Billionaires Index.

According to the tracker, Bezos’ net worth is $200 billion, surpassing Tesla CEO Elon Musk’s $198 billion.

Musk, who also runs X (previously Twitter) and SpaceX, has seen his fortune plummet by more than $30 billion as Tesla’s stock price has fallen 25% in recent months.