Today: Sep 29, 2024

Mark Zuckerberg joins the $200 billion membership | The Gentleman Report Industry

Mark Zuckerberg joins the 0 billion membership | The Gentleman Report Industry
September 29, 2024


The Gentleman Report
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Watch your backs, Jeff Bezos and Bernard Arnault. Mark Zuckerberg is gaining on you.

Contemporary figures from Bloomberg’s Billionaire Index display Zuckerberg has grown his non-public fortune by way of a whopping $73.4 billion in 2024 to $201 billion. The Meta CEO is the fourth richest particular person on this planet, becoming a member of an elusive $200 billion membership that simplest counts 3 different participants.

Tesla and X CEO Elon Musk ($272 billion); Bezos ($211 billion), the founding father of Amazon; and Arnault ($207 billion), the CEO of luxurious logo LVMH, are the one other folks forward of Zuckerberg.

Zuckerberg, 40, who introduced Fb in 2004, has a lot of his wealth tied to Meta Platforms inventory. Stocks of Meta (META) have surged by way of just about 64% in 2024. On Wednesday, Meta stocks won 0.9% to near at a report prime of $568.31. Meta stocks dipped to $567.36 on Friday.

Meta operates common social media platforms Fb, Instagram and Threads, in addition to rapid messaging app WhatsApp.

Talking on Wednesday on the Meta Attach 2024 tournament, Zuckerberg mentioned Meta AI is on course to grow to be essentially the most used assistant on this planet.

“We’re virtually at 500 million per 30 days (lively customers), and we haven’t even introduced in probably the most larger international locations but,” Zuckerberg mentioned, relating to international locations within the Eu Union.

Zuckerberg isn’t the one tech wealthy person to look a large bounce of their fortune this 12 months. Jensen Huang, CEO of Nvidia, and Larry Ellison, co-founder of Oracle, have noticed their internet worths surge in 2024 by way of $62.2 billion and $58.6 billion, respectively.

OpenAI
Author: OpenAI

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