Elon Musk falls to second richest person in the world


13 January 2021

After a brief stint as the wealthiest person on the planet, Tesla billionaire Elon Musk is again the second-richest person in the world after his fortune fell by nearly $14 billion in one day. 

Shares of his electric-vehicle maker, Tesla, fell by nearly 8% on Monday, pushing Musk’s net worth down by $13.5 billion, to $176.2 billion. After briefly overtaking Amazon CEO Jeff Bezos as the world’s richest person last Friday, Musk has again fallen to second spot, according to Forbes’ estimates. 

He is now about $6 billion behind Bezos, who has a net worth of $182.1 billion. Shares of Amazon fell by more than 2% on Monday, lowering Bezos’ net worth by $3.6 billion. 

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