A staggering $US73.4 billion ($106.2 billion) in 2024 growth brings Zuckerberg’s personal fortune to $US201 billion ($290.8 billion), according to recent data from Bloomberg’s Billionaire Index.
With his $US200 billion fortune, the CEO of Meta has joined an exclusive club of just three other individuals, making him the fourth wealthiest person in the world.
There are just three individuals who have more wealth than Zuckerberg: Elon Musk, CEO of Tesla and X, who has a net worth of $272 billion, Amazon founder Jeff Bezos, who has a net worth of 211 billion, and LVMH CEO Bernard Arnault, who has a net worth of 207 billion.
Meta Platforms stock is a significant source of wealth for 40-year-old Zuckerberg, who founded Facebook in 2004. Meta (META) stock has increased in value by almost 64% in the year 2024.
Hotel Owner Closing at a record high of $568.31 on Wednesday, Meta shares climbed 0.9%. On Friday, Meta stock dropped to $567.36.
A IT entrepreneur shatters the world’s richest list after amassing $34 billion in just two weeks.
In his Wednesday speech at the Meta Connect 2024 event, Zuckerberg predicted that Meta AI will soon surpass all other assistants in terms of usage.
“We’re almost at 500 million monthly (active users), and we haven’t even launched in some of the bigger countries yet,” Zuckerberg said, mentioning countries in the European Union.
This year has been quite lucrative for many internet moguls, not just Zuckerberg.
In 2024, the net worths of Larry Ellison, co-founder of Oracle, and Jensen Huang, CEO of Nvidia, increased by $58.6 billion and $62.2 billion, respectively.