Versuchen GOLD - Frei

Jeff Bezos overtakes Elon Musk as world's richest person

The Straits Times

|

March 06, 2024

NEW YORK - For the first time in more than nine months, Tesla chief executive Elon Musk is no longer the world's richest person.

Jeff Bezos overtakes Elon Musk as world's richest person

Mr Musk lost his position at the top of the Bloomberg Billionaires Index to Mr Jeff Bezos after shares in Tesla tumbled 7.2 per cent on March 4. He now has a net worth of US$197.7 billion (S$265.7 billion), while Mr Bezos has a bigger one of US$200.3 billion.

It is the first time that Mr Bezos, 60, the founder of Amazon.com, has topped Bloomberg's ranking of the richest people since 2021.

The wealth gap between Mr Musk, 52, and Mr Bezos, which at one point was as wide as US$142 billion, has been shrinking as Amazon and Tesla shares move in opposite directions.

WEITERE GESCHICHTEN VON The Straits Times

The Straits Times

The 'smell' things matter for China's luxury car brand Hongqi

One whiff of the plush leather-lined cabin of the lilac-coloured sport utility vehicle (SUV) will tell you exactly where Hongqi sits in the automotive kingdom.

time to read

4 mins

January 10, 2026

The Straits Times

The rise and fall of Chinese tycoon Chen Zhi

For years, well-connected but mysterious tycoon Chen Zhi lived the high life.

time to read

7 mins

January 10, 2026

The Straits Times

Arsenal in a really strong position, says Arteta

Arsenal manager Mikel Arteta said the Gunners have come out of a gruelling festive schedule in a stronger position despite the disappointment of being held 0-0 at home to Liverpool on Jan 8.

time to read

2 mins

January 10, 2026

The Straits Times

CAN UNITED STOP THE MANAGER-GO-ROUND?

Here we go, again.

time to read

7 mins

January 10, 2026

The Straits Times

Cambodia hopes for more Chinese support after alleged scam kingpin's extradition

Move reflects extent to which country finds itself backed into a corner in border conflict

time to read

4 mins

January 10, 2026

The Straits Times

The Straits Times

Man who smuggled cigarettes, vapes into Singapore jailed and fined

A man who smuggled vapes and cigarettes into Singapore to sell to his friends was caught red-handed at Woodlands Checkpoint during a check by officers.

time to read

1 min

January 10, 2026

The Straits Times

The Straits Times

A tale of two cities, two Isetans and a retail conundrum

Why is Isetan thriving in Tokyo while consolidating in Singapore? Its story holds lessons for all department stores.

time to read

7 mins

January 10, 2026

The Straits Times

Hwa Chong says no students penalised for voicing opinions on SATS school meals

Hwa Chong Institution (HCI) has refuted a claim made on social media platform Reddit that its students were punished for speaking to the media about their canteen food.

time to read

2 mins

January 10, 2026

The Straits Times

China urges Nestle to work quickly on baby formula recall

BEIJING - The Chinese authorities are urging Nestle to work quickly in recalling baby formula products in the mainland over potential contamination concerns.

time to read

2 mins

January 10, 2026

The Straits Times

Public feedback sought on proposals to facilitate dual listings on SGX, Nasdaq

Paper sets out proposed changes to simplify listing process, bring it closer to US standards

time to read

3 mins

January 10, 2026

Listen

Translate

Share

-
+

Change font size