Jeff Bezos overtakes Elon Musk as world's second richest person on back of Amazon surge

Posted: May 03, 2024

- Jeff Bezos has overtaken Elon Musk as the world's second-richest person with a net worth of $199.6 billion, compared to Musk's $197.4 billion - Bezos regained his position after losing it to Musk earlier in the week due to a surge in Tesla stock - Bezos' net worth increased by $2.5 billion on Thursday, while Musk's fortune fell by $276 million - The wealthiest person in the world is still LVMH's Bernard Arnault, with an estimated net worth of $206.9 billion - Amazon's stock was up by 1.84% on Thursday, while Tesla's share price was up by 0.08% - Musk and Bezos have been competing closely for the position of second-wealthiest person, with fluctuations in their wealth due to various factors such as Tesla's performance and job cuts



Summarized top reddit comments: - Jeff Bezos overtakes Elon Musk as world's second richest person due to Amazon surge - Some comments joke about the competitiveness of the ranking - Some comments praise Bezos and Musk's achievements - Debate about who is better at capitalism between Bezos and Musk - Some comments criticize Musk for not inventing anything, rather buying existing products and using his brand



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