Elon Musk’s wealth has dropped below Mark Zuckerberg’s for the first time in four years. This is coming as the value of Tesla’s stock tumbled, and the world has been reacting.
Musk’s fortune is now worth $181 billion, making him the fourth richest person in the world after being overtaken by the Facebook founder.
Zuckerberg is worth $187 billion, according to Bloomberg’s Billionaires Index, as he saw Facebook and Instagram share price rise more than 50% in 2024, adding $58.8 billion to his wealth.
WOW.
Elon Musk FRS is a business magnate, industrial designer and engineer. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.
He was elected a Fellow of the Royal Society (FRS) in 2018. Also that year, he was ranked 25th on the Forbes list of The World’s Most Powerful People, and was ranked joint-first on the Forbes list of the Most Innovative Leaders of 2019. A centi-billionaire, Musk became the richest person in the world in January 2021.
Elon Reeve Musk was born on June 28, 1971, in Pretoria, Transvaal, South Africa. His mother is Maye Musk (née Haldeman), a model and dietitian born in Saskatchewan, Canada, but raised in South Africa.
His father is Errol Musk, a South African electromechanical engineer, pilot, sailor, consultant, and property developer.
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