Topline
Amazon founder and chairman Jeff Bezos, who has an estimated net worth of $198.3 billion, is once again the second-wealthiest person in the world and wealthiest person in the U.S. as of Thursday, overtaking Tesla CEO Elon Musk, who has an estimated net worth of $196.1 billion, as the pair continues to go back-and-forth for the title.
Key Facts
March 27: In their 13th switch for the top spot, Bezos moved ahead of Musk when Bezos’ net worse rose by about $436 million and Musk’s decreased by about $1.6 billion, according to Forbes’ Real-Time Billionaires tracker.
March 27: Marking the 12th switch in March, Musk again flip-flopped with Bezos for the second-wealthiest spot earlier Wednesday, when Musk’s net worth rose by about $1.7 billion and Bezos’ net worth rose by only $708 million.
March 26: Bezos again beat out Musk for the second wealthiest spot Tuesday afternoon after losing it earlier that morning. Bezos overtook Musk again despite his net worth dropped by about $1.3 billion while Musk’s rose by about $2.8 billion.
March 26: Musk returned to the second wealthiest spot early Tuesday afternoon when his net worth rose by about $4.6 billion Tuesday and Bezos’ increased $366 million.
March 21: Bezos overtakes Musk—More than $4 billion at times separated Bezos’ and Musk’s net worths Thursday after Bezos’ estimated net worth was up by about $694 million and Musk’s net worth fell by about $1.5 billion.
March 20: Musk overtakes Bezos—Musk’s estimated net worth was up by $815 million Wednesday, while Bezos’ net worth fell by about $558 million.
March 19: Bezos overtakes Musk—Bezos’ estimated net worth was up about $1.3 billion Tuesday, while Musk’s fortune had fallen about $1.2 billion.
March 18: Musk overtakes Bezos—Musk’s fortune was up about $5.5 billion Monday, helping him surpass Bezos, whose net worth increased by about $450 million.
March 13: Bezos overtakes Musk—A fall in Tesla stock slid Musk’s fortune down by $4 billion, and Bezos’s net worth grew by about $195 million.
March 8: The pair swapped places in the Forbes Real-Time Billionaire List twice in the same day.
March 6: Bezos briefly overtakes Musk—Tesla stock market woes led Musk to briefly lose his status as the richest person in the U.S. for the first time in more than two years— soon after, Musk took his spot back from Bezos.
Key Background
Forbes estimates Musk to be worth about $193.8 billion as of Thursday afternoon, and we estimate Bezos to be worth about $196.8 billion. Bezos’ wealth resurgence has prompted the month-long jostle between the Amazon CEO and Musk. Since the beginning of March, the pair has flip-flopped nine times in the wealth rankings. When Musk lost the No. 2 world wealth spot on March 6, it was the first time he wasn’t in the top two of Forbes’ real-time billionaire rankings since Aug. 19, 2021. Bernard Arnault, CEO of the LVMH empire, remains the wealthiest person in the world per Forbes’ list, with an estimated net worth of about $231.5 billion as of Thursday.
