Mark Zuckerberg Overtakes Elon Musk, Emerges Third Richest Man as Dangote’s Wealth Surges

• Mark Zucker, Meta CEO, has overtaken Elon Musk to emerge as the third=richest man on the planet
• Zuckerberg’s internet price stands at about $187 billion in comparison with Musk’s $181 billion amid sturdy Meta shares
• Nigeria and Africa’s richest man, Aliko Dangote, is clawing again most of his wealth and has earned about $1.8 billion since March 2024

Legit.ng’s Pascal Oparada has reported on tech, vitality, shares, funding and the economy for over a decade.

Meta CEO Mark Zuckerberg is now the world’s third richest man, overtaking Tesla CEO Elon Musk, whose wealth has dipped in latest days by $48 billion because the starting of 2024.

Then again, Zuckerberg has seen his wealth surge by $58.9 billion resulting from sturdy Meta shares, that are at the moment buying and selling at $527 per share, in accordance with info obtained by Legit.ng.

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Zuckerberg’s four-year wait

Zuckerberg’s new place is the primary time he’ll beat Musk in 4 years. Musk has lengthy dominated the wealthiest individuals’s record earlier than being toppled by Bezos and now Zuckerberg.

Elon Musk is now ranked the fourth richest man in accordance with info from Bloomberg’s Billionaire Index, which has Jeff Bezos, Amazon CEO, as the second-richest man on the planet.

Mark Zuckerberg’s internet price is $187 billion, in comparison with Elon Musk’s $181 billion.

Bernard Anault’s staggering $223 billion internet price takes him to the highest spot, adopted by Jeff Bezos’s $207.3 billion.

Dangote’s wealth rebounds

In the meantime, Nigeria’s richest man, Aliko Dangote, has seen his wealth rebound to $1.7 billion after gaining $559 million each day.

The Nigerian billionaire continues to occupy the highest spot in Africa following the resurgence of the Nigerian currency, the naira. Within the official window, it trades at a powerful N1,255 per greenback, up from the N1,617 traded in February 2024.

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The naira’s energy got here amid a sequence of reforms by the Central Financial institution of Nigeria (CBN), such as readmitting forex sellers into the mainstream foreign exchange market, spurring the brand new market excessive.

Dangote’s present internet price is $16.9 billion and ranked 122nd globally.

Dangote leads Forbes Africa’s 10 wealthiest individuals

Legit.ng beforehand reported that Nigerian industrialist Aliko Dangote has continued to carry the crown as Africa’s wealthiest individual with a internet price of $13.4 billion, rating 144th globally on the Forbes record.

Dangote’s wealth comes primarily from his conglomerate, the Dangote Industries, comprising cement manufacturing, meals, and others.

In accordance with info from Forbes, the Nigerian billionaire derives his wealth from his 86% stake in Dangote Cement, Africa’s largest cement producer, with over N10 trillion market capitalisation.

Supply: Legit.ng