Mark Zuckerberg surpasses Elon Musk as world's third-richest person
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Mark Zuckerberg, the mastermind behind Meta Platforms Inc., has overtaken Elon Musk to become the world's third-richest individual. This is the first time since November 16, 2020, that Zuckerberg has surpassed Musk in terms of wealth. The shift in rankings comes after Reuters reported that Tesla had dropped plans for a less-expensive EV. The report led to a drop in Tesla's share prices, causing Musk to slip from his previous top spot to fourth position on the Bloomberg Billionaires Index.