In the ongoing billionaire rivalry between Mark Zuckerberg and Elon Musk, a new development has emerged with Zuckerberg claiming the third position on the Bloomberg Billionaires Index.
With a reported net worth of $187 billion, Zuckerberg’s ascent marks his return to the top three since 2020, as reported by Fortune. Meanwhile, Tesla CEO Elon Musk has slipped to fourth place with a fortune totaling $181 billion.
The shift in rankings coincides with Tesla’s disappointing first-quarter sales of just 386,800 cars, signaling the company’s first year-over-year sales drop in nearly four years. This news has prompted a more than 7% decline in Tesla’s shares during early trading, contributing to a cumulative decrease of over 34% since the beginning of 2024.
With an additional $30 billion to his name, Zuckerberg inches closer to the wealth of Amazon founder Jeff Bezos, who holds second place with a net worth of $207 billion. Leading the pack is LVMH CEO Bernard Arnault, with an impressive net worth of $223 billion.
Beyond their financial standings, Zuckerberg and Musk have been engaged in a longstanding feud, dating back to a SpaceX explosion in 2016 that destroyed a Facebook satellite. Their public rivalry intensified when Musk challenged Zuckerberg to a cage fight last year. Meta’s introduction of Threads, a competitor to Musk’s X social media platform, has further fueled tensions between the two tech executives.
As the battle for wealth and influence continues, the rivalry between Zuckerberg and Musk shows no signs of cooling down.
