Tesla's Elon Musk Is No Longer The Richest Person In The World 02/23/21 AT 5:21 PM Tesla CEO Elon Musk is no longer the richest person in the world since the drop in Tesla shares through the month of February. Former Amazon CEO and founder Jeff Bezos has regained his spot at No. 1. Tesla saw its all-time high in shares in January when they were at $880 million but has seen a decline of over 20% since then. A loss in shares means millions of dollars lost for the CEO, Musk, who rose to be the richest in the world just in January. This week has been especially hard for the company due to the volatility of Bitcoin, which many large investors associate with Tesla because of the $1.5 billion Musk put into the Cryptocurrency, according to BBC. Bitcoin can also be used to buy Tesla’s as well.