Musk punched Zucker.
Mark Zuckerberg fell to third place on the Bloomberg Billionaires Index on Friday, overtaking rival Elon Musk, for the first time in four years.
Zuckerberg, 39, added $58.9 billion to his net worth this year as Meta Platform Inc. surged. To new heights. Bloomberg reported.
On the other hand, 52-year-old Musk ranked first on the index last month, after which his wealth diminished by $48.4 billion, the site reported.
Musk's fortune now stands at $180.6 billion, while Zuckerberg's fortune is $186.9 billion.
Musk fell to fourth place after Reuters reported that Tesla scrapped plans to build a less expensive car, sending shares lower.
However, the angry billionaire refuted the claims on his X platform, writing: “Reuters is lying (again)” – without pointing out the inaccuracy.
The Reuters revelation also coincided with news of a three-month decline in Tesla vehicle deliveries, representing the first year-on-year decline since the start of the coronavirus.
Bloomberg indicated that Musk's net worth may suffer an additional blow after a judge in Delaware dropped Tesla's $56 billion salary package. The index uses options from his wage package – which is one of the South African businessman's largest assets – in his wealth calculations.
Zuckerberg has not seen the top three in Bloomberg's rankings since November 16, 2020, when his wealth was $105.6 billion, compared to Musk's wealth of $102.1 billion.
Bloomberg indicated that in November 2021, the wealth gap between the Metta and Tesla giants reached $215 billion.
The two billionaires have long been engaged in a long, public back-and-forth — and even exchanged threats of conflict in a cage fight last year.
However, Zuckerberg scrapped the idea in August 2023, saying it was “time to move on.”
“Devoted student. Bacon advocate. Beer scholar. Troublemaker. Falls down a lot. Typical coffee enthusiast.”