Alcaraz's defeat of Djokovic on Sunday marked the third time in the past four major tournaments that the men's title match determined who would be at No. 1.
Djokovic works way back to win 5-7, 2-6, 6-3, 6-2, 6-2 at Centre Court, earning an 11th semifinal berth at Wimbledon with his 26th consecutive victory at the grass-court Grand Slam tournament.
Novak Djokovic continues his historic run chasing the calendar-year Grand Slam with his win today at Wimbledon. If completed he will be the first player since Steffi Graff, who accomplished the feat in 1988. Djokovic won 6-7 (4), 6-4, 6-4, 6-3 over Matteo Berrettini.
The winners of the singles titles at Wimbledon will each receive about $3 million as part of a 7.6 percent increase in the total prize money at this year's tournament.
Prize money is increasing by 7 percent at Wimbledon this year, with 1.88 million pounds ($2.85 million) going to the men's and women's singles champions.
Petra Kvitova plays so much better at the All England Club than anywhere else, and now she owns two championships to prove it.
In one of the most dominant performances in a women's final at Wimbledon, the sixth-seeded Kvitova overpowered and overwhelmed 13th-seeded Eugenie Bouchard 6-3, 6-0 in only 55 minutes Saturday.