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Jeff Bezos is the richest person in the world again

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Jeff Bezos is the richest person in the world again

Jeff Bezos is now the world‘s richest person.

Saul Loeb/AFP/Getty Images

Jeff Bezos just reclaimed his title as the richest person in the world.

Bezos’s jump in income can be attributed to his Big Tech stocks, including Amazon.

Tesla CEO Elon Musk is now ranked second on the Bloomberg Billionaires Index.

This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.

It’s been more than two years since Amazon founder Jeff Bezos was the richest person in the world, but now he’s back on top.

According to the Bloomberg Billionaires Index, Bezos is now the richest man in the world with a net worth of $200 billion (184 billion euros).

Bezos reclaimed the top spot after a sustained rally in Big Tech stocks on the back of the artificial intelligence boom. The last time Bezos was the richest person in the world was in 2021.

Amazon shares are up 17 percent so far this year and are nearly 90 percent higher than a year ago. They closed 0.4 percent lower at $177.58 apiece on Monday.

Because Bezos owns about nine percent of Amazon, the world‘s largest online retailer, his net worth increases when the company’s shares rise. The billionaire also owns the space exploration company Blue Origin, which Bloomberg also includes in his calculations.

Bezos, 60, replaced Tesla CEO Elon Musk, who was at the helm for nine months. At one point, Musk was $142 billion (around €130 billion) richer than Bezos, according to Bloomberg.

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In 2017, Bezos overtook Microsoft co-founder Bill Gates as the richest person in the world for the first time. Bezos was replaced by Musk in 2021 after Tesla shares rose sharply.

Musk and Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton, are now the second and third richest people in the Bloomberg Billionaires Index. Their net worth currently amounts to 198 or 197 billion US dollars (around 182 or 181 billion euros).

Tesla shares have fallen 24 percent year to date and are 3 percent below where they were a year ago. Shares of the electric car maker fell 7 percent on Monday after sales in China slumped in February.

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