Meta CEO Mark Zuckerberg has overtaken Amazon founder Jeff Bezos to become the second-richest individual globally, according to the Bloomberg Billionaires Index. Zuckerberg’s wealth surged to $212 billion, while Bezos’ net worth stood at $209 billion. This shift in rankings occurred after Meta’s strong first-quarter revenue report, while Amazon’s stock performance lagged behind.
Stock Performance Drives Change
Zuckerberg’s fortune rose by $846 million on May 5, 2025, following a significant increase in Meta’s shares, which saw a 16% jump over the past month. In contrast, Amazon’s stock grew by only 6.33% during the same period. Zuckerberg’s $4.63 billion gain this year has positioned him as the top gainer among the three wealthiest billionaires.
Meta’s first-quarter revenue reached $42.31 billion, surpassing analyst expectations of $41.39 billion. The company is optimistic about its future performance, forecasting second-quarter revenue between $42.5 billion and $45.5 billion. Meta’s stock rose 0.38% on May 5, 2025, before slightly dipping after hours.
Elon Musk Remains the World’s Richest Person
Elon Musk, CEO of Tesla and SpaceX, remains the richest person in the world with a net worth of $331 billion. Musk’s wealth saw an increase of $7.5 billion on April 23, 2025, following his decision to dedicate more time to Tesla. Musk confirmed during Tesla’s first-quarter earnings call that he would reduce his involvement in the Department of Government Efficiency (DOGE), with plans to allocate only one or two days per week to government duties moving forward. This announcement led to a boost in Tesla’s stock, further cementing Musk’s position at the top.
