Jeff Bezos has overtaken Elon Musk as the world's richest person for the first time in nine months.
Musk was dethroned from the top of the Bloomberg Billionaires Index after Tesla shares fell 7.2 percent on Monday, pushing his net worth to $197.7 billion, compared to Bezos's $200.3 billion -Dollar.
It is the first time since 2021 that the 60-year-old Amazon founder Bezos has taken first place in the Bloomberg ranking.
While Amazon shares have more than doubled since the end of 2022 and are nearing a record high, Tesla is around 50 percent below its 2021 peak.
Most of Bezos' wealth comes from his 9 percent stake in Amazon, where he is the largest shareholder, although he sold 50 million shares worth about $8.5 billion in February.
Bezos overtook Microsoft Inc. co-founder Bill Gates as the world's richest person for the first time in 2017.
But a huge rally in Tesla shares left Bezos and Musk fighting for the top spot for most of 2021.
At the end of 2021, Bezos fell far behind and this is the first time since then that he has regained his position.
Here, Web takes a look at the other mega-rich people on the list.
Most of Bezos' wealth comes from his 9 percent stake in Amazon, where he is the largest shareholder, although he sold 50 million shares worth about $8.5 billion in February
Musk was dethroned from the top of the Bloomberg Billionaires Index after Tesla shares fell 7.2 percent on Monday, pushing his net worth to $197.7 billion, compared to Bezos's $200.3 billion -Dollar
(3) Bernard Arnault $197 billion
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, and his wife Helene Mercier
Bernard Arnault is Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, the world's largest luxury products group.
He was born on March 5, 1949 in Roubaix, France. He began his career as an engineer at the construction company Ferret-Savinel and was promoted to various management positions before taking on the role of CEO in 1978.
Arnault, 75, remained there until 1984, when he led the restructuring of the Financière Agache holding company.
In 1989 he became the majority shareholder of LVMH Moët Hennessy – Louis Vuitton, where he has been Chairman and CEO ever since. Arnault is married and has five children.
(4) Mark Zuckerberg $179 billion
Mark Zuckerberg and his wife Priscilla Chan. Zuckerberg is the founder, chairman and CEO of Meta, which he initially founded as Facebook in 2004
Mark Zuckerberg is the founder, chairman and CEO of Meta, which he initially founded as Facebook in 2004. He has control over the company's overall direction and product strategy.
Zuckerberg was born in White Plains, New York, and studied computer science at Harvard University before moving to Palo Alto, California, in 2004.
In October 2021, Facebook went meta.
Zuckerberg is also co-founder and co-CEO of the Chan Zuckerberg Initiative (CZI) with his wife Priscilla, which they launched in 2015 to help solve some of society's most pressing problems, including improving education and combating disease.
(5) Bill Gates $150 billion
Bill Gates founded Microsoft Corporation with Paul Allen in 1975.
The company developed into the world's leading provider of software and services for companies and private individuals.
In 2008, Gates transitioned to focus entirely on the work of the Bill & Melinda Gates Foundation, which they still co-chair following the end of their marriage in 2021.
As part of the divorce agreement, he gave Melinda shares in public companies worth at least $6 billion.
When Gates left the Microsoft board in March 2020, he owned around 1.3 percent of the company's shares.
He is one of the largest farmland owners in the United States and has invested in numerous companies, including Republic Services and Deere & Co.
He has also donated more than $59 billion to the Gates Foundation.
Bill Gates founded Microsoft Corporation with Paul Allen in 1975
(6) Steve Ballmer $143 billion
Steve Ballmer is the former CEO of Microsoft and led the company from 2000 to 2014.
Ballmer led Microsoft as CEO after the first dot-com crash. He joined the company in 1980 after dropping out of Stanford University's MBA program.
He tried to close the gap with Google in search functions and Apple in mobile phones.
In 2014, he retired from Microsoft and bought the NBA's Los Angeles Clippers for $2 billion, now worth $4.65 billion, according to Forbes.
In 2022, Ballmer and his wife Connie donated approximately $425 million to the University of Oregon to establish an institute to address the behavioral and mental health needs of children in the state.
Steve Ballmer is the former CEO of Microsoft and led the company from 2000 to 2014
(7) Warren Buffett $133 billion
U.S. businessman and philanthropist Warren Buffett is chairman and CEO of Berkshire Hathaway Inc, which owns dozens of companies including Dairy Queen and Duracell.
Warren and his late wife Susan raised three children: Susie, Howard and Peter.
He is now married to Astrid Menks Buffett and lives and works in his hometown of Omaha, Nebraska.
Buffet first bought stocks at age 11 and filed taxes for the first time at age 13 before becoming one of the most successful investors of all time.
Buffet has pledged to donate more than 99 percent of his wealth.
U.S. businessman and philanthropist Warren Buffett is chairman and CEO of Berkshire Hathaway Inc, which owns dozens of companies including Dairy Queen and Duracell
(8) Larry Ellison $129 billion
Larry Ellison is the founder and largest shareholder of the database company Oracle.
The company's reported revenue was $50 billion for the year ended May 31, 2023.
He owns more than 40 percent of the company as well as shares in Tesla, a sailing team and the tennis event in Indian Wells.
Ellison left Oracle as CEO in 2014 after 37 years at the helm.
In 2020, Ellison, who also has a large real estate portfolio, moved to the island of Lanai in Hawaii, which he almost completely purchased in 2012 for $300 million.
Ellison served on Tesla's board from December 2018 to August 2022 and still holds around 15 million shares of the company.
Larry Ellison is the founder and largest shareholder of the database company Oracle
(9) Larry Page $122 billion
Larry Page stepped down as CEO of Google's parent company Alphabet in 2019, but is still a board member and majority shareholder.
He co-founded Google in 1998 with Sergey Brin, who also received his doctorate from Stanford University. College student.
Both invented Google's PageRank algorithm for its search engine.
Page was CEO until 2001, when he was replaced by Eric Schmidt. He was CEO of Alphabet from 2011 to 2015.
Alphabet had reported 2023 revenue of $307.4 billion.
Larry Page founded Google in 1998 with Sergey Brin, who also received his doctorate from Stanford University. University student
(10) Sergey Brin $116 billion
Sergey Brin is co-founder of Alphabet. The group's businesses include Android, Gmail and YouTube.
He moved to the United States from the Soviet Union at the age of six.
Google went public in 2004 and changed its name to Alphabet in 2015.
Brin left his position as president of Alphabet in December 2019, but is still a board member and majority shareholder.
Sergey Brin left his position as president of Alphabet in December 2019, but is still a board member and majority shareholder