Mark Zuckerberg is now worth $200 billion, 3rd Richest Person

Mark Zuckerberg is now worth $200 billion, 3rd Richest Person

According to the latest figures from Bloomberg’s Billionaire Index, Zuckerberg’s personal fortune has skyrocketed by an astonishing $73.4 billion in 2024 alone, bringing his net worth to a staggering $201 billion. This surge places the Meta CEO as the fourth richest person on the planet, officially entering the exclusive $200 billion club—a group that includes only three other global titans.

Leading the pack is Elon Musk, CEO of Tesla and X (formerly Twitter), with a fortune of $272 billion. Bezos, the founder of Amazon, holds the second spot with $211 billion, while Bernard Arnault, the CEO of luxury conglomerate LVMH, trails closely behind with $207 billion.

At 40 years old, Zuckerberg has amassed most of his wealth through Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and the newer Threads app. Meta’s stock has been a key driver of Zuckerberg’s financial rise, with shares skyrocketing by nearly 64% in 2024 alone. On Wednesday, Meta’s shares hit a record high of $568.31, before slightly dipping to $567.36 by Friday’s close.

During the Meta Connect 2024 event, Zuckerberg announced that Meta AI is on track to become the world’s most widely used virtual assistant, emphasizing that it has nearly 500 million monthly active users. And that’s without even launching in some major markets, such as key countries in the European Union.

But Zuckerberg isn’t the only tech mogul seeing a financial windfall this year. Jensen Huang, CEO of Nvidia, has experienced a massive $62.2 billion jump in net worth in 2024, thanks to the boom in AI and chip demand. Similarly, Oracle co-founder Larry Ellison has seen his fortune increase by $58.6 billion, benefiting from strong growth in cloud computing.

With Zuckerberg’s relentless push into AI and continued dominance in social media, it’s clear he’s not just catching up—he’s aiming for the very top.

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