Mark Zuckerberg overtakes Elon Musk as the world's 3rd-richest person as their companies' stocks go in opposite directions [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Zuckerberg has gained $47 billion in wealth this year while Musk has lost $55 billion, according to data from Bloomberg. The shift in wealth has been driven by Meta Platforms stock soaring and Tesla shares plunging. A near mirror image in stock-price performance has helped catapult Mark Zuckerberg ahead of Elon Musk as the world's third-richest person, according to data from Bloomberg. Mark Zuckerberg had a net worth of $175 billion as of Wednesday, just slightly overtaking Musk's net worth of $174 billion. That gap is set to widen on Thursday as shares of Tesla decline to a new 52-week low while Meta Platforms stock pushes toward all-time highs. Year-to-date, Zuckerberg has added $47.3 billion to his net worth while Musk has seen his net worth decline by $55.2 billion. That decline has knocked Musk down from the status of being the world's richest person to the world's fourth richest person. Musk is ahead of Bill Gates' $149 billion fortune, while Zuckerberg is behind Jeff
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META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 144
- META's page on the SEC website