HomeNewsMeta CEO Mark Zuckerberg Becomes World’s Second-Richest

Meta CEO Mark Zuckerberg Becomes World’s Second-Richest

Published on

Mark Zuckerberg, CEO of Meta, has joined the exclusive $200 billion club, becoming the second-richest person in the world, surpassing Jeff Bezos and Bernard Arnault. According to Robert Ilich’s report for CNN, using Bloomberg’s Billionaire Index data, Zuckerberg’s wealth has grown by $78.1 billion in 2024, bringing his total net worth to $206 billion. He now only trails Elon Musk, who tops the list with $256 billion.

The surge in Zuckerberg’s fortune is largely due to Meta’s stock, which has risen over 72% in 2024, reaching a record high of $595.94. Meta owns social media platforms like Facebook, Instagram, Threads, and the messaging app WhatsApp.

Speaking at the Meta Connect 2024 event, Zuckerberg highlighted Meta AI’s rapid growth, with nearly 500 million monthly active users, predicting it would become the world’s most-used virtual assistant. Zuckerberg’s success mirrors other tech moguls in 2024, with Nvidia’s CEO Jensen Huang and Oracle’s co-founder Larry Ellison also seeing significant increases in their fortunes, gaining $63.5 billion and $55.9 billion, respectively.

Zuckerberg’s rise, as reported by Robert Ilich for CNN, cements his status among the world’s wealthiest and underscores the continued dominance of tech giants in the global economy.

Read More: https://www.cnn.com/2024/09/28/business/zuckerberg-200-billion-richest-meta

LATEST NEWS

Ukraine Caught Between Diplomacy and Uncertainty as US Threatens to Withdraw from Peace Efforts

Ukraine began the day buoyed by diplomatic progress, having reached a “framework” mineral deal...

Mahindra Last Mile Mobility Partners with Evolution Auto to Launch Commercial EVs in Sri Lanka

India’s No.1 commercial electric vehicle (EV) manufacturer, Mahindra Last Mile Mobility Limited (MLMML), has...

Bank of Ceylon Reclaims Title as SLIM Kantar People’s Banking Services Brand of the Year 2025

Bank of Ceylon (BOC) has once again secured the coveted title of SLIM Kantar...

Harvard Rejects Trump Administration Demands as Funding Freeze Imposed

The Trump administration has announced a freeze on $2.2 billion in multi-year grants and...

MORE LIKE THIS

Ukraine Caught Between Diplomacy and Uncertainty as US Threatens to Withdraw from Peace Efforts

Ukraine began the day buoyed by diplomatic progress, having reached a “framework” mineral deal...

Mahindra Last Mile Mobility Partners with Evolution Auto to Launch Commercial EVs in Sri Lanka

India’s No.1 commercial electric vehicle (EV) manufacturer, Mahindra Last Mile Mobility Limited (MLMML), has...

Bank of Ceylon Reclaims Title as SLIM Kantar People’s Banking Services Brand of the Year 2025

Bank of Ceylon (BOC) has once again secured the coveted title of SLIM Kantar...