Tesla shares were down 2.4 percent on Tuesday and Musk lost $4.6 billion , slipping to the second position on the Bloomberg Billionaires Index , a ranking of the world’s 500 wealthiest people.
Bezos returned as the world’s richest man with a net worth of $191.2 billion.
Last month , Musk became the world’s richest person , as his net worth crossed $185 billion after Tesla’s share price increased.
He took the top spot from Bezos , who had held it since 2017.
Musk’s net worth increased by more than $150 billion and Tesla’s share price surged a massive 743 percent last year.
Tesla last week announced it has invested $1.5 billion in the Bitcoin cryptocurrency.
Tesla said it will also “begin accepting Bitcoin as a form of payment for our products in the near future.”
After vouching for Bitcoin , Tesla CEO Elon Musk has now said that if major Dogecoin cryptocurrency holders sell their coins , he will give them his full support.