This year, Mark Zuckerberg has surpassed Elon Musk as the world’s third-richest person, with a net worth of $175 billion. In contrast, Musk has seen a decrease of $55 billion, bringing his net worth to $174 billion. The surge in Zuckerberg’s wealth can be attributed to the soaring stock of Meta Platforms, where he owns about 13% of the company. On the other hand, Tesla’s shares have plummeted, leading to a nearly 40% decline in Musk’s wealth.
Zuckerberg’s net worth has edged past Musk’s, and this shift reflects the contrasting performance of their respective companies and personal investments. Despite their past conflicts, including a rumored cage match that never materialized, Zuckerberg and Musk continue to be key figures in the tech industry. The dynamics of the stock market have played a significant role in shaping their fortunes.