The founder of Amazon Inc., Jeff Bezos, has once again claimed the title of the world’s wealthiest individual, surpassing Tesla CEO Elon Musk on Monday.

What Happened: Bezos’s net worth rose to $200 billion, overtaking Musk’s $198 billion. Bezos, the Amazon founder, expanded his wealth by about $23 billion in the past year, while Musk saw a decrease of around $31 billion, as per the index, according to the Bloomberg Billionaires Index.