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.