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Forbes
Forbes
8 Mar 2024


Billionaire Elon Musk is no longer the wealthiest person in the U.S.—or second wealthiest in the world—after Amazon founder Jeff Bezos surpassed him Friday morning, marking the second time in a week the pair has gone back and forth for the title.

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Amazon chairman Jeff Bezos is estimated to be worth just about $900 million more than Elon Musk as ... [+] of Friday morning.

AFP via Getty Images

Forbes estimates Musk to be worth $195.2 billion as of Friday morning around 11:25 a.m., while Bezos is estimated to be worth $196.1 billion, according to Forbes’ real time billionaires list—giving Bezos a $900 million lead on Musk.

The wealthiest person on earth remains LVMH’s Bernard Arnault, at $232.5 billion.

Musk’s fall from the richest American title has come amid stock market troubles for Tesla, his electric vehicle company, whose share price has fallen about 12% in the last five days—and 1.5% on Friday.

By comparison, shares of Amazon are roughly flat this week and jumped 0.35% Friday.

Friday was just the second time since Aug. 19, 2021, that Musk fell outside of the top two in Forbes’ real-time billionaire rankings—with the first time being Wednesday, when he fell to Bezos for minutes before reclaiming the title.