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Oh, how the mighty have fallen! Or at the very least, that is the overall vibe we’re getting after studying that Elon Musk is as soon as once more much less wealthy than that different infamous pauper, Mark Zuckerberg.<\/p>\n
Certainly, because the daily-updated Bloomberg<\/em> Billionaires Index<\/a> demonstrates, Musk’s web value now stands at a measly $181 billion, which principally makes him working class as of late.<\/p>\n Joking apart, Musk as soon as loved a snug prime place, however has now lost so much of his wealth<\/a>\u00a0that he is behind not simply Zuckerberg, in third at $187 billion, but in addition Jeff Bezos in second at $207 billion, in addition to the world’s present richest man, French luxurious items titan Bernard Arnault<\/a>, whose web value at the moment rounds out at a cool $223 billion.<\/p>\n To be truthful, that is removed from the primary time Musk has misplaced the primary spot. Over time, he, Bezos, and Arnault have regularly<\/a> been<\/a> neck-and-neck<\/a> for the title of world’s richest man in some of the cursed three-way battles in historical past. As\u00a0Bloomberg<\/em> reports<\/a>, the multi-hyphenate Canadian-South African was ranked richest on the earth as just lately as March of this 12 months.<\/p>\n With all that jockeying for first place, nevertheless, Zuckerberg making the highest three and surpassing Musk in wealth is extra of a rarity. In accordance to Fortune<\/em><\/a>, the Meta CEO hasn’t been a bronze-medal billionaire since November 2020 \u2014 a place change that predates the rivals<\/a>‘ long-awaited IRL cage match<\/a>.<\/p>\n Final week, Musk fell to third-richest on the Billionaires Index after Reuters<\/em> reported<\/a> that Tesla was scrapping plans<\/a> for a less expensive mannequin. Regardless of the CEO’s insistence<\/a> that these experiences have been false, the electrical automotive firm’s stock fell<\/a> nonetheless, dropping Musk $6 billion<\/a> within the course of and bringing him down with the hoi polloi.<\/p>\n Paired with the reported lack of nearly $40 billion in personal wealth<\/a> because the starting of 2024, it isn’t a shock that Musk is feeling the burn. However hey, at the very least he is nonetheless richer than Invoice Gates, Warren Buffett, and his former bestie Larry Page<\/a>.<\/p>\n Extra on Musk:<\/strong> Elon Musk Is Poaching Tesla Engineers for xAI. Wait, What?<\/em><\/a><\/p>\n <\/div>\nChallengers<\/h2>\n