Elon Musk beat Mark Zuckerberg

Published: 26 April 2024, 17:14

Once again Mark Zuckerberg has been topped by billionaire Elon Musk. Tesla founder Elon Musk has taken his place as Meta Platform shares fell by $18 billion. As a result, he is going to occupy the third richest place in the world. This information was informed in a report of Gulf News on Friday (April 26).

Meta shares fell 11 percent in New York on Thursday, according to the report. The decline comes after the company forecast that its second-quarter sales would fall short of expectations.

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According to the Bloomberg Billionaires Index, Mark Zuckerberg’s net worth has dropped to $157 billion as a result of the drop in Meta shares. On the other hand, Elon Musk’s wealth increased by 5.8 billion dollars to 184 billion dollars.

Earlier this month, the two billionaires were thrown out of their positions. Zuckerberg overtook Musk for the first time since 2020 as Tesla’s car supply fell in the last three months.

According to Forbes’ 2024 list of the world’s richest people, French luxury clothing and goods retailer Bernard Arnault and his family have taken the top spot in the world. His net worth is $233 billion.

Elon Musk, the CEO of Tesla, the US electric car maker, is on the second place in this list. Currently, his assets amount to 195 billion dollars.

In addition, Amazon founder Jeff Bezos is on the third place in the list. Compared to last year, his wealth has increased by about 85 billion dollars. His net worth is 194 billion dollars.

Mark Zuckerberg, the founder of Facebook, is on the fourth place in the list with a wealth of 177 billion dollars. Last time the asset value was 64.4 billion dollars.