Elon Musk has been surpassed by Mark Zuckerberg to become the world’s third-richest person, with a $175 billion fortune. The shift in wealth is due to the Meta Platforms stock skyrocketing and Tesla shares plummeting. Zuckerberg’s net worth has increased by $47 billion this year, while Musk has seen a decrease of $55 billion, according to Bloomberg data.
The similarities in stock performance have propelled Mark Zuckerberg into the title of the world’s third-richest person, with a net worth of $175 billion, slightly surpassing Musk’s $174 billion. This gap is expected to widen further as Tesla shares fall to a new yearly low while Meta Platforms stock continues to soar. Throughout this year, Zuckerberg has added $47.3 billion to his net worth, whereas Musk has experienced a decline of $55.2 billion, dropping him from the top spot to the world’s fourth-richest person.
Musk and Zuckerberg have had disagreements in the past, leading to the agreement of a cage fight last year that never came to fruition. Despite their differences, both tech moguls continue to shape the landscape of the global economy with their innovative companies.
