"Mark Zuckerberg Surpasses Elon Musk in Wealth Amid Meta's Success"

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Source: Fortune
"Mark Zuckerberg Surpasses Elon Musk in Wealth Amid Meta's Success"
Photo: Fortune
TL;DR Summary

Mark Zuckerberg surpassed Elon Musk to become the third-richest person in the world as Meta Platforms Inc. soared, with Zuckerberg's net worth at $186.9 billion compared to Musk's $180.6 billion. Musk's wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune. The reversal of the wealth gap reflects the rise of big tech and artificial intelligence over once-hot electric vehicle stocks. Additionally, the ongoing public spat and rivalry between the two billionaires has intensified, with Musk's net worth potentially facing further impact after a Delaware judge struck down his $55 billion Tesla pay package.

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