Saturday, October 19, 2024
HomebusinessMark Zuckerberg Is Now Second Richest Person in the World

Mark Zuckerberg Is Now Second Richest Person in the World

Published on

spot_img


Meta CEO Mark Zuckerberg is now worth around $206 billion, which puts him in the No. 2 spot on Bloomberg’s Billionaires Index.

Zuckerberg, who founded Facebook in 2004, has a 13% stake in Meta, which owns Facebook, WhatsApp, Instagram, and the newer X competitor, Threads. The company has invested heavily in artificial intelligence in recent years.

Related: Mark Zuckerberg Is $70 Billion Richer This Year

Zuckerberg saw his net worth increase by $78 billion in 2024. Per Barrons, Meta shares have been up around 65% this year (through Thursday’s close).

“Across Facebook and Instagram, advances in AI continue to improve the quality of recommendations and drive engagement,” Zuckerberg said in August. In July, Zuckerberg published a letter on Facebook pushing for open-source AI.

Zuckerberg jumped slightly ahead of the current No. 3, Amazon founder Jeff Bezos ($205 billion).

Meanwhile, Zuckerberg is about $50 billion behind the world’s richest person, Tesla and SpaceX CEO Elon Musk, whose net worth is currently $256 billion, per Bloomberg.

Related: Here’s How Mark Zuckerberg Works to Keep Facebook Relevant



Source link

See also  Does ACC With California, Stanford & SMU Need To Change Its Trademark?

Latest articles

BC Storm: Rainfall expected to break records during weather event

Rain will continue battering Metro Vancouver through to Sunday as the area sees...

Taylor Swift’s Chic ‘Eras Tour’ Outfits: See Photos

Taylor Swift launched her first concert tour in more than four years in...

Henckels’ 68%-Off Self-Sharpening Knife Set Chops Like a Dream

It not only takes less effort to slice and dice with a...

Netflix and Richard Curtis Sure Went for It

There are two kinds of people in the world: People who love “Love...

More like this

BC Storm: Rainfall expected to break records during weather event

Rain will continue battering Metro Vancouver through to Sunday as the area sees...

Taylor Swift’s Chic ‘Eras Tour’ Outfits: See Photos

Taylor Swift launched her first concert tour in more than four years in...

Henckels’ 68%-Off Self-Sharpening Knife Set Chops Like a Dream

It not only takes less effort to slice and dice with a...