Amazon founder Jeff Bezos has slipped to third place in the Bloomberg Billionaires Index, losing his position as the world’s second-richest person to Meta’s Mark Zuckerberg. The reshuffle in global wealth rankings comes as a result of fluctuating tech stock valuations and shifting investor sentiment across major technology firms. This comes after Meta stock price surged beyond 16% last month, while Amazon’s stock increased by just 6.33% during the same period.
The $223.6 billion net worth, Zuckerberg replaced Bezos with his net worth shortly behind at $220 million. Zuckerberg’s Facebook has become the only gainer among the top three billionaires on the list. He has added $846 million since the last update, bringing his total gains for the year to $4.63 billion. Meta’s Q1 revenue reached $42.31 billion, surpassing analyst expectations of $41.39 billion. For Q2, the company projects revenue between $42.5 billion and $45.5 billion, compared to Benzinga Pro’s forecast of $44.06 billion. Meta shares have remained nearly flat in 2025 with a 0.01% rise but are up 28.69% over the past year. On Monday, the stock rose 0.38% during market hours before dipping 0.36% after hours to close at $597.10.
Elon Musk reigns at the top
The title of world’s richest person still belongs to Elon Musk ($331 million), CEO of Tesla and SpaceX, whose net worth continues to fluctuate but remains well ahead of his peers. Musk’s wealth has largely been driven by Tesla’s market performance and his stake in X (formerly Twitter) and other ventures.
On April 23, his wealth grew by $7.5 billion after he announced plans to increase his focus on Tesla. During the company’s Q1 earnings call, Musk shared that starting in May, he announced his resignation from the Department of Government Efficiency (DOGE) to just one or two days a week. He added that he would maintain this limited role for as long as the President wishes him to continue contributing.