Mark Zuckerberg beats Elon Musk to become third richest man

Mark Zuckerberg beats Elon Musk to become third richest man

CEO of Meta, Mark Zuckerberg, has displaced Elon Musk, CEO of Tesla, claiming the title of the world’s third-richest person.

This makes it Zuckerberg’s highest financial ranking in the past four years, displaying a change in the wealth hierarchy.

With recent evaluations, Zuckerberg’s net worth has been estimated at an impressive $187 billion, risen by a substantial rise in Meta stocks, now valued at $527 per share.

This rise in Zuckerberg’s wealth comes at a time when Elon Musk has witnessed a decline in his treasury, with a decrease of $48 billion since the start of 2024, placing his current wealth at $181 billion.

The financial landscape has seen further shifts, with Bernard Arnault holding the top position globally with a staggering net worth of $223 billion, closely followed by Jeff Bezos of Amazon at $207.3 billion. Musk now finds himself in the fourth position according to Bloomberg’s Billionaire Index.

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Idowu Babalola

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