Zuckerberg richer than Musk for 1st time since 2020

Mark Zuckerberg passed Elon Musk on Friday to become the third-richest person in the world, the first time since 2020 the arch-rival billionaires have held those positions.

Musk, who ranked first on the Bloomberg Billionaires Index as recently as early March, fell to fourth after Reuters reported Tesla cancelled plans for a less-expensive car, sending shares lower (Musk denied the report). That followed news earlier in the week that Tesla's vehicle deliveries fell in the three months through March, their first year-over-year decline since the early days of the pandemic.

It's the first time Zuckerberg has broken into the top three on Bloomberg's ranking of the richest people since Nov 16, 2020, when he was worth $105.6 billion and Musk's fortune was $102.1 billion. Musk now has a net worth of $180.6 billion, while Zuckerberg's is $186.9 billion.

Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton, and Amazon founder Jeff Bezos hold the first two spots on Bloomberg's wealth ranking with fortunes of $223.4 billion and $207.3 billion, respectively.