Mark Zuckerberg, co-founder and CEO of Meta Platforms, recently overtook Amazon’s Jeff Bezos and LVMH’s Bernard Arnault to become the world’s second-richest person. It became. According to the Bloomberg Billionaires Index, Mr. Zuckerberg’s net worth now stands at a staggering $206 billion (Rs. 17.3 million), with him retaining the top spot at $256 billion (Rs. 21.5 million). He is only chasing Tesla’s Elon Musk.
Zuckerberg’s wealth expands as meth stocks soar
Zuckerberg’s wealth increased significantly in 2024, with his wealth increasing by Rs 78.1 billion (Rs 6.5 billion) this year. The surge was largely driven by Meta’s stock price, which soared more than 72 percent to an all-time high of $595.94. As head of Meta, Zuckerberg has benefited from the success of platforms like Facebook, Instagram, Threads and WhatsApp.
The growing influence of meta-AI
At the Meta Connect 2024 event on September 25, Zuckerberg announced that Meta AI has become the most widely used digital assistant worldwide, approaching 500 million active users. The billionaire also hinted at expansion into key markets such as the European Union, further cementing Meta’s influence in the tech industry.
Tech giants’ wealth is on the rise
Zuckerberg’s soaring wealth is part of a larger trend among tech leaders. Nvidia CEO Jensen Huang and Oracle co-founder Larry Ellison also saw impressive increases in their net worths, rising to US$63.5 billion (US$5.3 billion) and US$55.9 billion (US$4.7 billion), respectively, in 2024.
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