Connect with us

Headline

Zuckerberg Beats Elon Musk To Third Richest Billionaire For First Time Since 2020

Published

on

Founder and CEO Meta Platforms Inc., Mark Zuckerberg went above X owner, Elon Musk, on Friday, to become the third richest billionaire on earth, the first time since 2020.

Musk, who was the richest person on the Bloomberg Billionaires Index as recently as early March, plummeted to fourth, following Tesla challenges.

Tesla owner’s wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune as Meta Platforms Inc. climbed to fresh highs, including a new record on Friday.

Advertisement

According to Bloomberg, this rise on Friday was the first time Zuckerberg has broken into the top three on Bloomberg’s ranking of the richest people since November 16, 2020.

READ ALSO: Forbes: Top 10 World’s Richest Celebrity Billionaires In 2024 [PHOTOS]

That period the Facebook and Instagram owner was worth $105.6 billion, while his X rival billionaire’s fortune was put at $102.1 billion.

Advertisement

However, currently, Musk has a net worth of $180.6 billion; and Zuckerberg’s is $186.9 billion.

The reversal of the wealth gap between Musk and Zuckerberg, which was as big as $215 billion in November 2021, signified how once-hot electric vehicle stocks have been usurped by big tech, and particularly anything involving artificial intelligence.

Tesla shares have fallen 34% this year, making it the worst performer in the S&P 500 Index. It’s been battered by a global slowdown in EV demand, growing competition in China and production problems in Germany.

Advertisement

READ ALSO: Top 10 Richest Tennis Players In The World

Meta, meanwhile, has surged 49% thanks to strong quarterly earnings and excitement about the company’s AI initiatives. It’s the fifth-best performer on the S&P 500.

The two billionaires’ competition extends beyond their wealth, as Musk and Zuckerberg have been engaged in an ongoing public spat that intensified when Meta launched Threads, a social-media platform that competes with Musk’s X.

Advertisement

The two even traded barbs last year about a possible cage fight. Musk, 52, recently revived the idea on X, saying he would fight Zuckerberg, 39, “anywhere, anytime.”

Meanwhile, for the record, Bernard Arnault, the chairman of luxury giant LVMH Moet Hennessy Louis Vuitton, and Amazon founder, Jeff Bezos hold the first and second spots on Bloomberg’s richest billionaires’ ranking with fortunes of $223.4 billion and $207.3 billion, respectively.

Advertisement
Advertisement
Comments

Headline

How Our Airstrikes Stopped Christmas Attacks In Nigeria — US Lawmaker

Published

on

Riley Moore, a member of the United States House of Representatives from West Virginia’s 2nd District, has linked the absence of Christmas attacks in Nigeria this year to US military airstrikes carried out against Islamist militants on Christmas Day.

In a post on his official X account on Saturday, Moore contrasted the situation with the past two Christmas seasons, during which he claimed Christians were killed in attacks across parts of Nigeria.

The lawmaker noted that this year’s response targeted extremist groups instead of marking another period of violence.

Advertisement

READ ALSO:Rep Moore Confirms 12 Tomahawk Missiles Launched In Sokoto

He added that US forces acted decisively against militants in coordination with the Nigerian government.

For the past two Christmases, Christians have been murdered in Nigeria. This year, thanks to @POTUS, Radical Islamic Terrorists were on the receiving end of 12 Tomahawk missiles as a present.

Advertisement

“The successful strikes on ISIS, in coordination with the Nigerian government, are just the first step to secure the country and end the slaughter of our brothers and sisters in Christ,” Moore wrote.

US President Donald Trump said on Thursday that American forces had conducted deadly strikes against Islamic State terrorists in north-western Nigeria.

Trump, who spoke via his Truth Social platform, warned that more attacks would follow if the militants continued killing Christians, adding that the Department of War executed numerous “perfect strikes.”

Advertisement
Continue Reading

Headline

U.S. Lawmaker Reacts To Nigeria, U.S. Airstrikes

Published

on

United States Congressman, Riley Moore, has stated that President Donald Trump is determined to put an end to the killing of Christians in Nigeria, warning that further action may follow if the violence persists.

Moore made the statement on Friday via his official X handle.

According to the lawmaker, the strike represents the first step in addressing what he described as the ongoing slaughter of Christians and the broader security crisis affecting Nigerians across religious and ethnic lines.

Advertisement

READ ALSO:US Dept Of War Shares Video Of Air Strikes In Nigeria

President Trump has been clear that the killing of Christians in Nigeria must end,” he said.

He that the administration’s resolve on the matter should not be underestimated.

Advertisement

As I stated at the outset: Do not test President Trump‘s resolved in this matter.

READ ALSO:JUST IN: US Forces Bomb Terrorists Camps In Nigeria

Tonight’s strike in coordination with the Nigerian government is just the first step to ending the slaughter of Christians and the security crisis affecting all Nigerians,” he said.

Advertisement

He stressed that the operation signals a stronger stance by the United States in support of Nigeria’s efforts to tackle terrorism and violent extremism, noting that further measures could be taken if the situation does not improve.

Continue Reading

Headline

US Dept Of War Shares Video Of Air Strikes In Nigeria

Published

on

A video footage of the US military air strikes in Nigeria has emerged.

The video was released by the US Department of War following its air strikes against terrorists in Sokoto.

Earlier, the US secretary of War, Pete Hegseth had confirmed that military air strikes hit terrorists in Nigerians, saying it was deadly.

Advertisement

Later on, the US. African Command, confirmed that it conducted the attacks described as very deadly by President Donald Trump.

Trump said he was only keeping the promise he made earlier last month to strike the terrorists he believes are killing innocent Christians.

READ ALSO:JUST IN: US Forces Bomb Terrorists Camps In Nigeria

Advertisement

Although described as powerful and deadly, the casualty caused by the attack is yet to be released.

Explaining further, security expert, Brant Philip, said the strikes may have been launched “from the USS Paul Ignatius, using a Tomahawk missile.”

The Nigerian government through its ministry of foreign affairs has also confirmed that the strikes were successful.

Advertisement

Watch video here

Continue Reading

Trending