Meta CEO Mark Zuckerberg becomes 4th richest person in the world


02-10-2024 10:34 AM

Ammon News - Mark Zuckerberg, CEO of Meta, has officially reached a new financial milestone, becoming one of the few people in history to amass a net worth exceeding $200 billion. According to Bloomberg's Billionaire Index, Zuckerberg's fortune now stands at $201 billion, making him the fourth-richest person in the world.

Zuckerberg is now positioned just behind Amazon founder Jeff Bezos ($211 billion), LVMH Chairman Bernard Arnault ($207 billion), and Tesla's Elon Musk, who holds the title of the world’s richest person with a staggering $272 billion.

The bulk of Zuckerberg's wealth stems from his 13 per cent stake in Meta, amounting to approximately 345.5 million shares. This year alone, his fortune has grown by an impressive $73.4 billion, driven by a sharp rise in Meta's stock price. Since January 2024, Meta's shares have surged nearly 60 per cent, reaching record highs of over $560 per share.

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