It comes after the Amazon founder sold off a total of $4 billion worth of shares since mid-February.
Musk, 52, saw a judge rule in late January that he must hand back the biggest pay packet in corporate history.
Jeff Bezos is back on top as the world's riches man for the first time in three years as his worth sits at $200billion and former No. 1 Elon Musk saw his total stumble.
Bezos, 60, topped the recent Bloomberg Billionaires Index for the first time since fall of 2021, surpassing Musk, who is now at $198 billion.
It comes after the Amazon founder sold off a total of $4billion worth of shares since mid-February, regulatory filings revealed.
At the same time, Tesla CEO and X chair Musk, 52, saw a judge rule in late January that he must hand back the biggest pay packet in corporate history, at $55billion, following accusations of the CEO strong-arming Tesla directors.
Bezos' stock sales come after it emerged that he will set up his primary residence in Florida, taking advantage of the Sunshine State's tax system.
Source: https://apnews.com
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