WASHINGTON: Amazon founder Jeff Bezos has tal(en back his spot as the world`s richest man, dethroning Elon Musk on the Bloomberg Billionaires Index.

Bezos` net worth stands at $200 billion, according to the tracker, surpassing the Tesla chief`s $198bn.

Musk, who also heads X (formerly Twitter) and SpaceX, has seen his riches fall by more than $30b as Tesla`s share price has dropped 25 per cent in recent months.

Adding to Musk`s woes, a court in January approved the annulment of his enormous Tesla compensation agreement, worth $55.8bn and originally struck in 2018.

Bezos, who no longer runs Amazon, has meanwhile benefited from the ecommerce giant`s rising stock price.

Even after recently selling off $8.5bn in stocks he remains the company`s largest shareholder.

The French CEO of the luxury group LVMH, Bernard Arnault, remains in third place in the rankings of the world`s richest people, worth $197bn.-AFP