Elon Musk overtakes Jeff Bezos to become world's richest person

Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg.

A 6% rise in Tesla (TSLA) shares early Thursday lifted the value of its CEO’s stock holdings and options by $10 billion, taking his net worth to about $191 billion. A more modest rise of less than 2% lifted Bezos’ Amazon (AMZN) shares by about $3 billion, putting his net worth at $187 billion.

Bloomberg’s real-time billionaire tracker still has Bezos about $3 billion ahead of Musk. But the tracker doesn’t update until the end of the trading day. Bloomberg posted an article confirming Musk’s title.

Bill Gates is now a distant third at $132 billion, according to Bloomberg.

The Forbes real-time tracker still has Musk and Bezos $18 billion apart as of the close of trading Wednesday, after Bezos lost $4.3 billion in the value of his Amazon (AMZN) stock.