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Elon Musk passes Mark Zuckerberg, is now third-richest person in the world

The Tesla and SpaceX founder is rocketing up the billionaire charts.

Elon Musk mugs after clapping back at NASA's Jim Bridenstine on CNN.
CNN Video screenshot by Eric Mack/CNET

Sorry, Mark Zuckerberg, you're no longer the third-richest person in the world.

After a rise from Tesla's stock split on Monday, Elon Musk claimed the third spot on Bloomberg's Billionaires Index with a net worth of $115 billion as of market close on Aug. 31. The Tesla and SpaceX founder now has a $4 billion lead on Zuckerberg's $111 billion net worth and trails Bill Gates for second place by $10 billion. 

Amazon founder and CEO Jeff Bezos still commands the top spot, with a net worth of $202 billion. 

The jump comes nearly two weeks after Musk moved into the fourth spot on the index. Tesla stock is up nearly 480% year-to-date and now holds a market cap of over $450 billion. The stock jumped 12.5% following the five-for-one stock split that brought the share price down from around $2,200 last week. 

Shares of Tesla were down just over 2%, to $487.24, in intraday trading Tuesday.