Musk punched Zucker.
Mark Zuckerberg slid into third place on the Bloomberg Billionaires Index on Friday, surpassing rival Elon Musk for the first time in four years.
Zuckerberg, 39, saw his net worth rise by $58.9 billion this year as Metaplatform soared to new heights. reported by bloomberg.
Meanwhile, Musk, 52, was ranked No. 1 on the index until last month, but since then his wealth has declined by $48.4 billion, the paper said.
Mr. Musk is currently worth $180.6 billion, while Mr. Zuckerberg is trending at $186.9 billion.
After Reuters reported that Tesla had scrapped plans to make cheaper cars, Musk plunged to just fourth place and the stock fell.
But the furious billionaire refuted the claims on his X platform, saying “Reuters is lying (again)” without addressing the inaccuracies.
Reuters’ revelations coincided with news that Tesla’s car deliveries fell for the third consecutive month, marking the first year-on-year decline since the outbreak of COVID-19.
Bloomberg noted that Musk’s net worth could take another hit after his $56 billion compensation package for Tesla was revoked by a Delaware judge. The index uses salary package options, one of the biggest assets for a South African entrepreneur, to calculate his wealth.
Zuckerberg has not ranked in the top three of the Bloomberg rankings since November 16, 2020. At the time, Zuckerberg was worth $105.6 billion and Musk was worth $102.1 billion.
As of November 2021, the wealth gap between the giants Meta and Tesla was $215 billion, Bloomberg noted.
The two billionaires have long had a long-running feud in public, even exchanging threats to spar in a cage fight last year.
However, Zuckerberg abandoned the idea in August 2023, saying it was “time to move on.”
