Tech titans Musk and Zuckerberg make headlines with astronomical earnings in 2023

Published December 28th, 2023 - 01:00 GMT
Elon musk
Elon Musk's Twitter account page on the smartphone which is is placed on the pile of dollar banknotes (Shutterstock)

ALBAWABA - In a year that witnessed the expansion of the technology realm, the wealth of its influential figures reached unprecedented heights. Elon Musk, retaining his position as the wealthiest individual, and Mark Zuckerberg, CEO of Meta, have both raked in staggering amounts in 2023, adding a combined total of $124 billion to their fortunes.

Fresh insights from Forbes unveil a notable surge in the wealth of the world's elite in 2023. Mark Zuckerberg's financial prowess stands out prominently as he marks an astounding increase of nearly $84 billion within the span of a year.

Tesla's CEO, Elon Musk, remains at the zenith of wealth with an additional $40 billion to his net worth, primarily fueled by the upswing in electric vehicle stocks. His total fortune now stands at an impressive $260 billion, firmly securing his place as the globe's richest individual.

Mark Zuckerberg clinches the second spot in wealth evaluations, benefitting from a substantial 184% surge in his wealth, catapulting it to $128 billion. This ascent solidifies his position as the fifth wealthiest person worldwide.

Indonesian magnate Prajogo Pangestu emerges as a significant beneficiary, witnessing his wealth soar sevenfold to $31.5 billion, driven by strategic investments in geothermal energy. This remarkable achievement propels him into the echelons of the world's top 25 wealthiest individuals.

However, Indian industrialist Gautam Adani faces considerable financial turbulence following a lawsuit against his company by an activist. Adani experiences a substantial dip of $36 billion, yet his remaining fortune of $71.5 billion secures him a position among the top 15 wealthiest individuals, signifying one of the most significant drops in wealth.

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