Jeff Bezos has reclaimed the title of the richest person on earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday.

Axar.az informs that CNN reported on this.

The Amazon founder’s net worth was $200 billion, while Musk followed at $198 billion. Musk has lost about $31 billion over the past year, while Bezos has gained $23 billion, according to the index.

Tesla shares had tumbled more than 7% on Monday.

Earlier this year, a Delaware state court judge threw out Musk’s 2018 pay package worth more than $50 billion which helped to make him one of the richest people in the world. Tesla shares also tumbled about 24% year-to-date.