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Jeff Bezos has once again taken back the title of being the second-wealthiest person in the world, surpassing Tesla CEO Elon Musk in a back-and-forth battle for the top spot. Bezos, with an estimated net worth of $198.3 billion, has overtaken Musk, who has an estimated net worth of $196.1 billion, as the wealthiest person in the U.S. The two have been switching positions frequently, with Bezos gaining the upper hand on March 27 when his net worth rose by $436 million while Musk’s decreased by $1.6 billion.

The March 27 switch marked the 13th time the two billionaires have flipped positions for the top spot. Just the day before, on March 26, Bezos had beaten out Musk despite his net worth dropping by $1.3 billion, while Musk’s net worth rose by $2.8 billion. This back-and-forth continued on March 26 when Musk briefly reclaimed the second-wealthiest spot, only to lose it again later in the day. The competition between the two billionaires is fierce, with each making significant gains and losses within short periods.

The battle for the second-wealthiest spot began in March, with Bezos and Musk flip-flopping nine times in the wealth rankings since the start of the month. Musk briefly lost his status as the richest person in the U.S. on March 6, marking the first time he wasn’t in the top two of Forbes’ real-time billionaire rankings since August 2021. Despite these fluctuations, Bezos’ estimated net worth remains at $198.3 billion, making him the wealthiest person in the U.S. and the second-wealthiest person in the world.

Forbes estimates Musk’s net worth to be around $193.8 billion as of Thursday afternoon. Musk’s rise to the top in the wealth rankings has been fueled by the surge in Tesla’s stock price, as well as his other ventures such as SpaceX. However, Bezos’ wealth resurgence has led to the ongoing battle between the two billionaires for the top spot. The competition has been intense, with both Bezos and Musk making significant gains and losses in their net worths within short periods.

With Bernard Arnault, CEO of the LVMH empire, holding the title of the wealthiest person in the world with an estimated net worth of $231.5 billion, Bezos and Musk continue to battle it out for the second-wealthiest spot. As of March 27, Bezos has once again surpassed Musk in the rankings, solidifying his position as the second-wealthiest person in the world. The ongoing jostle between the two billionaires showcases the volatility of wealth rankings and the competitive spirit of the world’s richest individuals.

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