Mark Zuckerberg Joins $200 Billion Club Amidst Tech Billionaires Surge
Mark Zuckerberg Joins the $200 Billion Club
Mark Zuckerberg has officially joined the prestigious $200 billion club, gaining an impressive $73.4 billion in 2024 according to Bloomberg’s Billionaire Index. As the CEO of Meta Platforms, he now ranks as the fourth richest person globally, following Elon Musk, Jeff Bezos, and Bernard Arnault.
Meta's Stock Surge
Zuckerberg's wealth is largely tied to Meta’s stock performance. In 2024, shares of Meta (META) have seen a remarkable rise of nearly 64%, closing at a record high of $568.31 recently. This surge reflects the innovation and growth strategy embraced by the company, which includes its leading social media platforms such as Facebook and Instagram.
AI and Future Prospects
During a recent event, Zuckerberg expressed confidence in Meta AI, anticipating it to become the most used assistant globally. “We’re almost at 500 million monthly active users, and we haven’t even launched in some of the bigger countries yet,” he noted, indicating significant potential for future growth.
Tech Billionaires on the Rise
Zuckerberg's impressive financial leap is not an isolated case as several tech magnates, including NVIDIA’s Jensen Huang and Oracle’s Larry Ellison, have also seen significant increases in their fortunes this year, illustrating a trend of wealth accumulation among the tech elite.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.