Mark Zuckerberg Surpasses Elon Musk to Claim Third-Richest Spot Globally
In a recent development, Mark Zuckerberg has surpassed Elon Musk to become the third-richest person globally. According to Bloomberg’s ranking, Zuckerberg’s net worth is $186.9 billion, while Musk’s stands at $180.6 billion.
Musk Slips as Tesla Faces Challenges
Elon Musk’s slip to the fourth position came after reports of Tesla Inc. canceling plans for a less-expensive car. Despite Musk denying the report, Tesla’s stock experienced a decline, leading to his current ranking on the Bloomberg Billionaires Index.
Tech Dominance in Wealth Creation
The market trend indicates that technology companies, including Meta, have been performing well, while electric vehicle (EV) stocks have seen a decrease. Meta’s success has contributed to Zuckerberg’s rise in wealth and ranking.
Beyond Wealth: A Public Rivalry
Elon Musk and Mark Zuckerberg’s rivalry extends beyond business, with public disputes being a common occurrence. Musk once challenged Zuckerberg to a boxing match following the launch of Meta’s Threads, a direct competitor to Musk’s Twitter, now X.
Top Two Richest Persons According to Bloomberg Billionaires Index
- Bernard Arnault: Chairman of LVMH Moet Hennessy Louis Vuitton, with a total fortune of $207.3 billion.
- Jeff Bezos: Founder of Amazon.com Inc., holding the second spot with a total fortune of $207.3 billion.
