Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows

Meta CEO Mark Zuckerberg is officially wealthier than Elon Musk as Tesla’s rapidly dropping stock tanks Musk’s net worth.

Zuckerberg’s net worth has grown by more than $47 billion in 2024 to hit $175 billion as of Wednesday, according to Bloomberg’s Billionaire Index. Musk, on the other hand, has watched his value drop by more than $55 billion to a marginally less $174 billion. The gap between the two men will likely widen on Thursday, as Tesla stock hits a new 52-week low and Meta gains value.