Mark Zuckerberg has surpassed Elon Musk as the world’s third-richest person, with a fortune of $175 billion. This shift in wealth has been driven by Meta Platforms stock soaring while Tesla shares have plunged. As of Wednesday, Zuckerberg’s net worth slightly exceeded Musk’s by $1 billion, with a gap that is expected to widen further as Tesla’s shares continue to decline.
Year-to-date, Zuckerberg has gained $47.3 billion in wealth while Musk has seen a decline of $55.2 billion. This decline has moved Musk from the position of the world’s richest person to the fourth world’s richest person. Musk’s fortune remains ahead of Bill Gates, while Zuckerberg trails behind Jeff Bezos and Bernard Arnault in terms of wealth.
Despite their past conflicts, Musk and Zuckerberg have not followed through on their agreement to fight in a cage match last year. However, their ongoing competition in the business world remains apparent as their fortunes continue to fluctuate. In recent years, both men have faced significant challenges and setbacks in their respective businesses – but they have also experienced immense successes and growth.
Musk and Zuckerberg are two of the most successful entrepreneurs of our time – but their paths diverged long ago. While they were once close friends and collaborators at Facebook, they parted ways over differences about how the social media giant should be run. Since then, they have each pursued different ventures and interests – with Musk focusing on electric cars and space travel through Tesla and SpaceX, while Zuckerberg has continued to develop Meta Platforms (formerly known as Facebook) into a dominant force in social media and advertising.
Despite their differences, both men share a passion for innovation and disruption – qualities that have helped them build empires worth billions of dollars. As they continue to compete against each other in the business world, it will be fascinating to see who emerges as the ultimate winner – or if they can find a way to coexist peacefully despite their differences
