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Jeff Bezos again overtakes Elon Musk as world richest man

Jeff Bezos has again taken over the sit of the world’s richest man from Elon Musk which happened at the end of Monday’s trading session. Musk suffer a great loss of his wealth valuation which was reduced by $7.56 billion and this brought his wealth value down to $187 billion. On the other side, Jeff Bezos’ who is the founder of the world’s largest eCommerce company, Amazon has his wealth value increased with daily gains of $282 million which has now made him worth $192 billion

At the end of Monday’s trading session, Jeff Bezos once again became the world’s richest man after Elon Musk suffered a record loss on his wealth valuation.

On Monday, Tesla shares fell over 4% which is as a result of auto safety officials’ announcement concerning their formal probe into Tesla’s (TSLA) Autopilot system following a series of accidents involving emergency vehicles. And as of this morning, Tesla stock fell 5% in trading following news of the probe.
The recent accident involves Tesla happened on Monday where six children and an adult who sustained injuries were taken to hospital after a car collided with pedestrians in a school car park. The incident happened on Monday evening in southern England, based o the report from Sussex Police.

At least one person was reported to have been pinned under a Tesla Inc (TSLA.O) Model 3 in a car park of Ardingly College, the Telegraph, first to report about the incident, said. Reuters could not immediately confirm the detail.
Amazon reported gains on Monday and the reason can be linked to buyers’ shopping decisions as people now prefer to buy things online than go to physical malls due to the fear of the COVID-19 pandemic.

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