Mark Zuckerberg overtakes Elon Musk as the world's 3rd-richest person as their companies' stocks go in opposite directions

• Mark Zuckerberg has overtaken Elon Musk as the world's third-richest person, with a $175 billion fortune.

• Zuckerberg has gained $47 billion in wealth this year while Musk has lost $55 billion, according to data from Bloomberg.

• The shift in wealth has been driven by Meta Platforms stock soaring and Tesla shares plunging.

A near mirror image in stock-price performance has helped catapult Mark Zuckerberg ahead of Elon Musk as the world's third-richest person, according to data from Bloomberg.

Mark Zuckerberg had a net worth of $175 billion as of Wednesday, just slightly overtaking Musk's net worth of $174 billion. That gap is set to widen on Thursday as shares of Tesla decline to a new 52-week low while Meta Platforms stock pushes toward all-time highs.

Year-to-date, Zuckerberg has added $47.3 billion to his net worth while Musk has seen his net worth decline by $55.2 billion. That decline has knocked Musk down from the status of being the world's richest person to the world's fourth richest person.

Musk is ahead of Bill Gates' $149 billion fortune, while Zuckerberg is behind Jeff Bezos' $203 billion fortune and Bernard Arnault's $221 billion net worth.