{"id":247253,"date":"2024-03-05T11:24:48","date_gmt":"2024-03-05T05:54:48","guid":{"rendered":"https:\/\/greattelangaana.com\/english\/?p=247253"},"modified":"2024-03-05T11:24:48","modified_gmt":"2024-03-05T05:54:48","slug":"bezos-replaces-musk","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/bezos-replaces-musk\/","title":{"rendered":"Bezos replaces Musk"},"content":{"rendered":"<p style=\"text-align: justify;\">Jeff Bezos is the richest man now. Elon Musk is no longer the world&#8217;s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday.<\/p>\n<p style=\"text-align: justify;\">Musk now has a net worth of $197.7 billion; Bezos&#8217; fortune is $200.3 billion.<\/p>\n<p style=\"text-align: justify;\">It&#8217;s the first time that Bezos, 60, the founder of Amazon.com Inc., has topped Bloomberg&#8217;s ranking of the richest people since 2021.<\/p>\n<p style=\"text-align: justify;\">The wealth gap between Musk, 52, and Bezos, which at one point was as wide as $142 billion, has been shrinking as Amazon and Tesla shares move in opposite directions.<\/p>\n<p style=\"text-align: justify;\">While both are among the so-called Magnificent Seven stocks that have propelled US equity markets, Amazon shares have more than doubled since late 2022 and are within striking distance of a record high. Tesla is down about 50% from its 2021 peak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Bezos is the richest man now. Elon Musk is no longer the world&#8217;s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. Musk now has a net worth of $197.7 billion; Bezos&#8217; fortune is $200.3 billion. It&#8217;s the first time [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":247254,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,2],"tags":[113738,112684],"class_list":["post-247253","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nri","category-top-stories","tag-bezos","tag-ellon-musk"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2024\/03\/bezos.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/247253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=247253"}],"version-history":[{"count":1,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/247253\/revisions"}],"predecessor-version":[{"id":247255,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/247253\/revisions\/247255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/247254"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=247253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=247253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=247253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}