Elon Musk Passes Jeff Bezos As Richest Person In U.S.—Again

Tesla CEO Elon Musk regained his position Monday as the wealthiest person in America—and second-wealthiest in the world—beating out Amazon founder and chairman Jeff Bezos, who brieflyMusk’s fortune was up about $5.5 billion on Monday, helping him surpass Bezos, whose fortune increased about $450 million, according to the Forbes Real-Time BillionaireThe wealthiest person on earth is still LVMH’s Bernard Arnault, who was worth an estimated $234.9 billion as of Monday afternoon.5.59%.

By comparison, Amazon stock was up just 0.24% on Monday.when Tesla shares dropped to a fresh 10-month low, falling 4.5% to below $170 after Wells Fargo analysts called Musk’s electric vehicle company a “growth company with no growth.” Tesla stock has struggled since the start of the year, along with some of its other electric vehicle competitors like Rivian, Lucid and Nio, which have been down more than 70% each from their peaks in 2021.

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