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Billionaire Tesla Elon Musk is once again the richest person in the world, overtaking Jeff Bezos as Amazon shares fell on Thursday.

Amazons shares fell 1.2%, reducing Bezos’ net worth by $ 2 billion, to $ 182.8 billion. Shares of electric vehicle maker Tesla, by contrast, fell 1.1% on Thursday, lowering Musks’ net worth by $ 1.8 billion.

Musk is now worth $ 182.9 billion, making him the richest person on the planet, according to Forbes estimates. The Tesla chief is now just under $ 1 billion richer than Bezos, who falls as the second richest person in the world.

The two billionaires have spent much of the past week battling for the title of the richest person on the planet. Musk took first place from Bezos last Friday and again on Tuesday, Forbes calculated.

The two billionaires are more than $ 30 billion richer than the third richest person in the world, Bernard Arnault, chairman of LVMH, who is worth $ 149.4 billion, Forbes estimates.

Musks’ net worth has grown at an astonishing rate over the past year, increasing by over $ 150 billion since March 2020, when it was worth $ 24.6 billion. Bezos’ fortune also continued to grow, but not as fast: it grew from $ 113 billion in March 2020.

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