Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in world
CNN
Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal fortune by a whopping $73.4 billion in 2024 to $201 billion.
Watch your back Jeff Bezos and Bernard Arnault. Mark Zuckerberg is gaining on you. Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal fortune by a whopping $73.4 billion in 2024 to $201 billion. The Meta CEO is the fourth richest person world, joining an elusive $200 billion club that only counts three other members. Tesla and X CEO Elon Musk ($272 billion), Bezos ($211 billion), the founder of Amazon, and Arnault ($207 billion), the CEO of luxury brand LVMH, are the only people ahead of Zuckerberg. Zuckerberg, 40, who launched Facebook in 2004, has much of his wealth tied to Meta Platforms stock. Shares of Meta (META) have surged by nearly 64% in 2024. On Wednesday, Meta shares gained 0.9% to close at a record high of $568.31. Meta shares dipped to $567.36 on Friday. Meta operates popular social media platforms Facebook, Instagram and Threads, as well as instant messaging app WhatsApp. Speaking on Wednesday at the Meta Connect 2024 event, Zuckerberg said Meta AI is on track to become the most used assistant in the world.
The DeepSeek drama may have been briefly eclipsed by, you know, everything in Washington (which, if you can believe it, got even crazier Wednesday). But rest assured that over in Silicon Valley, there has been nonstop, Olympic-level pearl-clutching over this Chinese upstart that managed to singlehandedly wipe out hundreds of billions of dollars in market cap in just a few hours and put America’s mighty tech titans on their heels.
At her first White House briefing, Press Secretary Karoline Leavitt made an unusual claim about inflation that has stung American shoppers for years: Leavitt said egg prices have continued to surge because “the Biden administration and the department of agriculture directed the mass killing of more than 100 million chickens, which has led to a lack of chicken supply in this country, therefore lack of egg supply, which is leading to the shortage.”