The founder and CEO of the American company Meta, Mark Zuckerberg, surpassed billionaire Jeff Bezos and became the second richest person on the planet.
Points of attention
- Mark Zuckerberg has overtaken Jeff Bezos to become the second richest person globally, with a substantial increase in wealth attributed to the success of Meta Platforms.
- Zuckerberg's fortune has surged almost sixfold in under two years, with a significant increase of $73.4 billion since the beginning of this year.
- The success of Meta Platforms has propelled Zuckerberg's net worth, with the company's shares reaching an all-time high and contributing to his ranking in the wealthiest individuals worldwide.
- Despite Elon Musk holding the top position as the richest person currently, Zuckerberg's wealth growth indicates a potential challenge to Musk's position in the future.
- Zuckerberg's remarkable increase in wealth stands out among tech leaders, showcasing a 60% rise in Meta's shares this year and a steady growth trajectory.
What is known about the ranking of the richest people on the planet
It is noted that Zuckerberg's capital increased by $3.43 billion to $206 billion.
Since the beginning of this year, the owner of Meta has increased revenues by $78.1 billion.
In particular, the majority of Zuckerberg's capital is the profits of Meta.
Zuckerberg became richer as Meta stock rose to $582.77 a piece on Thursday, October 3rd. At the end of September, Mark Zuckerberg's capital for the first time crossed the mark in 200 billion dollars. At that time, he was ranked 4th in the ranking of the richest people in the world.
Since the beginning of January, securities have risen in price by approximately 68%. The company's market capitalization is $1.47 trillion.
American billionaire and owner of SpaceX and Tesla Elon Musk is considered the richest person in the world.
His fortune is estimated at 256 billion dollars. His capital decreased by almost 6 billion dollars.
What is known about the record growth of Zuckerberg's fortune
Zuckerberg's fortune has grown almost sixfold in less than two years.
Since January 1 of this year, Zuckerberg's fortune has increased by $73.4 billion thanks to his 13% stake in Meta Platforms.
The company's shares closed at an all-time high on Wednesday, and have already gained 60% this year overall.
While other tech titans have seen big jumps in net worth this year — such as Nvidia Corp.'s CEO Jensen Huang doubled his fortune to $106.2 billion — no one has grown as much as Zuckerberg.
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