Elon Musk has overtaken Facebook founder, Mark Zuckerberg, on the list of the richest social media owners, after his acquisition of the largest share in competing microblogging firm, Twitter, IgbereTV reports
It was gathered that the top five social media billionaires are worth almost half a trillion dollars, about $465.9 billion to be exact, however, only Musk and Zuckerberg, crossed the $100 billion mark, according to data collated by Ripples Nigeria.
Elon Musk
Zuckerberg started the year on the list of the richest social media owner. However, he fell to the second spot, behind Musk, the wealthiest man on earth, whose networth is $282 billion as of April 7, 2022.
IgbereTV recalls that Musk purchased 9.2% in Twitter, which has a market valuation of $38.45 billion, to add the social media firm to his investment portfolio, which includes automotive business, Tesla, and Space company, SpaceX.
Mark Zuckerberg
Zuckerberg, ranked second, is worth $79.6 billion, drawing his wealth from Facebook, Instagram, WhatsApp, and virtual reality business. The 15th richest man, according to Forbes, is also planning to add digital currency to his portfolio.
Although, Zuckerberg’s firm, now known as Meta Platform (Facebook), is worth $606.86 billion, according to Thursday’s trading, making it the world’s most valuable social network.
