Zuckerberg’s META Going Places...I Told Some Fools Here

[Mangele]

Mark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020

Story by Vernal Galpotthawela

• 3h

(Bloomberg) – Mark Zuckerberg passed Elon Musk on Friday to become the third-richest person in the world, the first time since 2020 the arch-rival billionaires have held those positions.

Musk, who ranked first on the Bloomberg Billionaires Index as recently as early March, fell to fourth after Reuters reported Tesla Inc. had canceled plans for a less-expensive car, sending shares lower. (Musk denied the report.) That followed news earlier in the week that Tesla’s vehicle deliveries fell in the three months through March, their first year-over-year decline since the early days of the Covid pandemic.

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

It’s the first time Zuckerberg has broken into the top three on Bloomberg’s ranking of the richest people since Nov. 16, 2020, when he was worth $105.6 billion and Musk’s fortune was $102.1 billion. Musk now has a net worth of $180.6 billion; 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, illustrates 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. 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’ rivalry extends beyond their wealth: 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. 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.”

Musk’s net worth could take a further hit after his $55 billion Tesla pay package was struck down by a Delaware judge. The Bloomberg Billionaires Index continues to use the options from that pay package, which are one of Musk’s largest assets, in its calculations of his wealth.

Checkout this post:

Facebook on its deathbed?

I have used Facebook as the primary marketing channel for my business for about three years. I especially loved the very wide reach and sales conversion whenever I boosted posts or sent out ads. In short, I would always achieve the expected results and in some instances even exceed my expectations. Then came the Apple Privacy update. Man, this update had Facebook by its balls and its effects still continue to bite hard. Boosting posts and creating ads on Facebook yields the worst results in the…

[PERDITION]

Birrionares huko nje wajoin serious business mpaka wanataka pia kulimana ngumi mbwegze kwa cage ? there are serious people in this world

[Chiefkiumbe]

Mimi…I didnt come to compete with my fellow humans on this planet

[Mangele]

This old post on META came back to haunt this place,

Why Facebook's New Corporate Name META Is Becoming Problematic Already...

Yes kidole sambusa. The ghaseer thought that he has all the knowledge of everything and start to censure user ati they are peddling misinformation. Its going down.

[Gaines]

In the next 10 years the world will see the first person to become a billionaire from influencing. People will make serious money without having to own the platform like Zuck.

[Mangele]

You’re eleven years behind my brother, unless you’re talking about the first Kenyan…

@Gaines

… money without having to own the platform like Zuck.

The Kardashians’ net worth is even bigger than their pop-culture presence.

It’s been 16 years since Keeping Up With the Kardashians first graced our television screens back in 2007 and since then, the Kardashian gang has become one of the richest families in Hollywood. Even now that Keeping Up With the Kardashians has come to an end (essentially replaced by Hulu’s The Kardashians), there’s no denying they made their money’s worth throughout the show’s lengthy run. Between their countless companies, endorsement deals and paid appearances, this family has turned into a money-making machine. Some say they’re famous for being famous, but the Kardashians are rolling in dough because they’re business-savvy—and it’s the youngest, Kylie Jenner, who’s actually one of the richest.

But she doesn’t top Kim Kardashian , who’s officially a billionaire, according to Forbes . So who’s the richest Kardashian-Jenner and what is the Kardashians’ net worth? Keep reading to find out!

https://parade.com/1003866/stefanieparker/kylie-jenner-kim-kardashian-family-net-worth/#:~:text=Who%20is%20the%20richest%20Kardashian,the%20rest%20of%20their%20relatives.

[Gaines]

@Mangele

…her, unless you’re talking about the first Kenyan…
.

These ones didn’t gain fame from social media. They gained it from legacy media. Social media came later as a cherry on top.

I’m talking about mtu ameanza from the bottom on social media platforms kama Mr Beast etc. Hii family ya Kardashians were already wealthy in the 90s hawajaanza juzi. The celebrity sex tape just added fuel to the fire.

[Mangele]

How did you draw your timeline?

@Mangele

Kylie Jenner,

How old was Kylie Jenner when she became rich?

In 2019, the magazine estimated Jenner’s net worth at US$1 billion and called her the world’s youngest self-made billionaire at age 21;

[Gaines]

@Mangele

…he world’s youngest self-made billionaire at age 21;

She is from the same family that was already rich and famous decades ago from legacy media. She would be a nobody today if she wasn’t from that family.

[Mikymas]

@Mangele

…ads on Facebook yields the worst results in the…

Ni vyenye dollar imeshuka ningewafikia

[Mangele]

@Mikymas

…lts in the…

Ni vyenye dollar imeshuka ningewafikia

[Baby_Panay]

Wishing Kenya can have businesses competing in such a scale.

[Mangele]

Meta’s CEO has done everything he can to win over Trump, and it’s not clear how much he has to show for it.

The Ballad of the Loser Billionaires

What does their vision for the future actually look like? Does anyone want to live there?

By Zachary D. Carter

May 05, 20255:45 AM

Photo illustration by Slate. Photos by Jim Watson/AFP via Getty Images, Mark Ralston/AFP via Getty Images, and Kenzo Tribouillard/AFP via Getty Images.

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily.

To the extent that the various creeps surrounding Mad King Donald have a coherent program of social change, it looks something like this: 1) Decapitate the institutions of elite American culture, 2) install skeezy billionaire apparatchiks to lead them, and 3) wait for American life to be transformed in their own image.

Substantial philosophical backing exists for this theory of change. The belief that a relatively narrow class of intellectuals manages the social order—and that their worldview trickles down through the rest of society—can be found lurking in the writings of 19th-century capitalist James Mill, 20th-century Marxist Antonio Gramsci, and neoliberal icon Friedrich Hayek, to name just three.

Instead of the populist revolution described by contemporary conservative commentators like Batya Ungar-Sargon and Sohrab Ahmari, the billionaires who’ve attached themselves to Trump basically want to swap one group of cultural elites for another, and they see politics as their way in. Many of today’s elite institutions are weak (Columbia University, lol) and integrated in various ways with the federal government. Through (frequently illegal) funding cuts and mass layoffs, Trump and Elon Musk are not so much shrinking government as weakening cultural institutions to allow for an easier leadership swap.

Silicon Valley billionaires just figured out that their own thirst for power can sound pretty populist if you yell about elite failures and mumble about your plan to do something about it. But where populists want to level inequalities between the rich and the rest, the Trump creeps just want to be the guy sitting in the fancy chair telling everyone what to do.

Around the time of President Donald Trump’s second inauguration, many conservative voices — and also Mark Zuckerberg, who is apparently trying to win a seat at the conservative cool kids’ lunch table — cheered a return to masculinity. Even The New York Times, in the weeks after the election, announced that this government would be “by bro.”

This surprised me. If drag is the exaggerated performance of gender, then Trump’s over-the-top macho business jerk schtick would likely count as a form of “drag.” But I had no idea that Trump’s carnival mirror masculinity represented real masculinity, and that whatever had existed for the previous 248 years of male presidents had faded into something that was not masculinity. Frankly, as a feminist, I’m upset that I missed it.

But given our nation’s much-touted return to real masculinity, I’ve been a little confused by some of the behavior that’s been on display lately. Is this how men were supposed to be acting all along?

For example: Is it manly to become poor?

The reason I ask is because Fox News has tried to spin the president’s reckless attempt to crash the economy like a pre-Wright Brothers air contraption as something that Americans should embrace because it’s an opportunity for men to assert their manliness. Make America Great Depression Again, if you will.

On “The Five,” the show’s besweatered co-host Greg Gutfeld wondered aloud if the now-paused tariffs would offer the economy “the ultimate testosterone boost.” Co-host Jesse Watters cheered the possibility of a return of widespread factory jobs — that may or may not actually happen, years or decades in the future — by declaring that studies have shown working at a computer turns you into a woman.

Opinion | Is America manly again yet?

[Jack_Black]

Hahaha, Trump must be a figure from Jewish folklore if all of them are so desperate for his attention.