Musk is now richer than Jeff Bezos richer than Jeff Bezos whose wealth was approximately $200 billion on Tuesday.

However, the top rank as the world’s richest person is held by the LVMH CEO Bernard Arnault.

Musk’s position upgraded due to a 6% increase in Tesla’s shares, which are settled at at over $185 each.

It is reported that the company shares increased due to a deal between Tesla and Chinese internet giant Baidu on electric vehicles in China.

However, Bezos lost an estimated $366 million on Tuesday, causing a slip in his net worth below $200 billion due to the whopping shrinking of Amazon’s shares.

There is a unique competition between Musk and Bezos for the world’s second-richest person since 2021.

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