Mark Zuckerberg Joins Exclusive $200 Billion Club, Is Second-Richest Person In World

Mark Zuckerberg’s wallet is becoming fatter.

The Meta CEO is now the world’s second richest person, surpassing Jeff Bezos and Bernard Arnault. With a personal fortune of $206 billion, according to Bloomberg’s Billionaire Index, he now trails only Elon Musk.

According to Bloomberg’s Billionaire Index, Mark‘s fortune will have increased by a staggering $78.1 billion by 2024. He enters an exclusive $200 billion club with only two other members.

Mark Zuckerberg Joins Exclusive $200 Billion Club, Is Second-Richest Person In World

This includes Musk ($256 billion), CEO of Tesla and X, and Bezos ($205 billion), Amazon’s founder. Arnault, the CEO of luxury firm LVMH, just left the club with a wealth of $193 billion.

Zuckerberg, 40, who founded Facebook in 2004, derives much of his money from Meta Platforms stock. Meta (META) stock is up more than 72% in 2024. Meta shares rose 2.26% on Friday, closing at a record high of $595.94.

Meta runs popular social networking networks like Facebook, Instagram, and Threads, as well as the instant messaging service WhatsApp.

On September 25, at the Meta Connect 2024 event, Zuckerberg stated that Meta AI is on course to become the world’s most popular assistant.

“We’re almost at 500 million monthly (active users), and we haven’t even launched in some of the bigger countries yet,” Zuckerberg remarked, referring to EU countries.

Zuckerberg isn’t the only tech magnate who has seen his fortunes skyrocket this year. Jensen Huang, CEO of Nvidia, and Larry Ellison, co-founder of Oracle, are expected to have net worths of $63.5 billion and $55.9 billion, respectively, in 2024.

This includes Musk ($256 billion), CEO of Tesla and X, and Bezos ($205 billion), Amazon’s founder. Arnault, the CEO of luxury firm LVMH, just left the club with a wealth of $193 billion.

Zuckerberg, 40, who founded Facebook in 2004, derives much of his money from Meta Platforms stock. Meta (META) stock is up more than 72% in 2024. Meta shares rose 2.26% on Friday, closing at a record high of $595.94.

Meta runs popular social networking networks like Facebook, Instagram, and Threads, as well as the instant messaging service WhatsApp.

Mark Zuckerberg Joins Exclusive $200 Billion Club, Is Second-Richest Person In World

On September 25, at the Meta Connect 2024 event, Zuckerberg stated that Meta AI is on course to become the world’s most popular assistant.

“We’re almost at 500 million monthly (active users), and we haven’t even launched in some of the bigger countries yet,” Zuckerberg remarked, referring to EU countries.

Zuckerberg isn’t the only tech magnate who has seen his fortunes skyrocket this year. Jensen Huang, CEO of Nvidia, and Larry Ellison, co-founder of Oracle, are expected to have net worths of $63.5 billion and $55.9 billion, respectively, in 2024.

SOURCE | CNN