There is a new spherical within the billionaire brawl between Mark Zuckerberg and Elon Musk — and this time, the Meta CEO is on high.
Zuckerberg grew to become the third richest particular person on the Bloomberg Billionaires Index on Friday, with a reported internet price of $187 billion. That is the primary time Zuckerberg has damaged into the rating’s high three since 2020, Fortune reported.
In the meantime, Musk, the Tesla CEO, has fallen to fourth place with a fortune of $181 billion.
The information comes as Tesla offered simply 386,800 automobiles within the first quarter of 2024, marking the corporate’s first year-over-year gross sales drop in practically 4 years. The corporate’s shares fell greater than 7% in early buying and selling following the information, and the corporate’s inventory is down greater than 34% because the begin of 2024.
With one other $30 billion within the financial institution, Zuckerberg is approaching Amazon founder Jeff Bezos’ degree of wealth. Bezos has a internet price of $207 billion and is in second place, based on Bloomberg. LVMH CEO Bernard Arnault is within the high spot with a internet price of $223 billion.
Zuckerberg and Musk are feuding about extra than simply their fortune.
The tech execs have been at odds since 2016 when a SpaceX explosion destroyed a Fb satellite tv for pc. And their public rivalry heated up after Musk challenged Zuckerberg to a cage battle final yr. Meta’s launch of Threads, a rival social media platform to X, hasn’t helped soften the strain between the 2.
