--- title: "Poverty-Stricken Elon Musk Falls Behind Wealth of Mark Zuckerberg" description: "For the first time since 2020, Meta CEO Mark Zuckerberg is richer than multi-hyphenate billionaire Elon Musk." date: "2024-04-08" modified: "2024-04-08" authors: - name: "Noor Al-Sibai" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/nooralsibai" url: "https://futurism.com/the-byte/elon-musk-wealth-behind-mark-zuckerberg" categories: - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "billionaires" - "elon musk" - "tesla" - "the digest" --- # Poverty-Stricken Elon Musk Falls Behind Wealth of Mark Zuckerberg ![For the first time since 2020, Meta CEO Mark Zuckerberg is richer than multi-hyphenate billionaire Elon Musk.]() *\Image: Arturo Holmes via Getty / Futurism\* ## Fall For You Oh, how the mighty have fallen! Or at least, that's the general vibe we're getting after learning that Elon Musk is once again less rich than that other notorious pauper, Mark Zuckerberg. Indeed, as the daily-updated [*Bloomberg* Billionaires Index]() demonstrates, Musk's net worth now stands at a measly $181 billion, which basically makes him working class these days. Joking aside, Musk once enjoyed a comfortable top position, but has now [lost so much of his wealth]() that he's behind not just Zuckerberg, in third at $187 billion, but also Jeff Bezos in second at $207 billion, as well as the world's current richest man, French luxury goods titan [Bernard Arnault](), whose net worth currently rounds out at a cool $223 billion. To be fair, this is far from the first time Musk has lost the number one spot. Over the years, he, Bezos, and Arnault have [regularly]() [been]() [neck-and-neck]() for the title of world's richest man in one of the most cursed three-way battles in history. As [*Bloomberg* reports](), the multi-hyphenate Canadian-South African was ranked richest in the world as recently as March of this year. ## Challengers With all that jockeying for first position, however, Zuckerberg making the top three and surpassing Musk in wealth is more of a rarity. According [to *Fortune*](), the Meta CEO hasn't been a bronze-medal billionaire since November 2020 — a position change that predates the [rivals]()' long-awaited [IRL cage match](). Last week, Musk fell to third-richest on the Billionaires Index after [*Reuters* reported]() that Tesla was [scrapping plans]() for a cheaper model. Despite the [CEO's insistence]() that those reports were false, the electric car company's [stock fell]() nonetheless, losing [Musk $6 billion]() in the process and bringing him down with the hoi polloi. Paired with the reported loss of [nearly $40 billion in personal wealth]() since the beginning of 2024, it's not a shock that Musk is feeling the burn. But hey, at least he's still richer than Bill Gates, Warren Buffett, and his [former bestie Larry Page](). **More on Musk:** [*Elon Musk Is Poaching Tesla Engineers for xAI. Wait, What?*]() ## Author At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow. ### Author social links [Bluesky]()