Synopsis
Mark Zuckerberg has joined the ranks of the world's wealthiest individuals, with a net worth of $200 billion. He is the third richest person, after Jeff Bezos and Elon Musk. Zuckerberg's wealth has surged by $71 billion this year, while Musk's has grown by $38.9 billion and Bezos' by $39.3 billion.
Meta Platforms co-founder and Chief Executive Officer Mark Zuckerberg has joined the ranks of the world's most elite individuals with a net worth of $200 billion, according to Bloomberg's Billionaires Index.
Only two other people have a personal wealth upwards of $200 billion. While Amazon founder Jeff Bezos is the second richest man on the planet with a fortune of $216 billion, Tesla CEO Elon Musk is the most wealthiest with a personal wealth of $268 billion.
Zuckerberg's wealth has surged by $71 billion this year taking his total net worth to $200 billion.
The Meta co-founder has seen his fortunes grow at a fastest clip and following him is Nvidia CEO Jensen Huang who has seen the second-largest increase in net worth at $61.8 billion. Huang's total net worth now stands at $106 billion.
Musk's rise in personal wealth this year is to the tune of $38.9 billion while Bezos' wealth has grown by $39.3 billion.
- Stock TradingMarket 101: An Insight into Trendlines and MomentumBy - Rohit Srivastava, Founder- Indiacharts.com
- Stock TradingMarkets 102: Mastering Sentiment Indicators for Swing and Positional TradingBy - Rohit Srivastava, Founder- Indiacharts.com
- Stock TradingMarket 103: Mastering Trends with RMI and Techno-Funda InsightsBy - Rohit Srivastava, Founder- Indiacharts.com
- Stock TradingROC Made Easy: Master Course for ROC Stock IndicatorBy - Souradeep Dey, Equity and Commodity Trader, Trainer
- Stock TradingRSI Made Easy: RSI Trading CourseBy - Souradeep Dey, Equity and Commodity Trader, Trainer
- Stock TradingTechnical Analysis for Everyone - Technical Analysis CourseBy - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities
- Stock TradingOptions Trading Course For BeginnersBy - Chetan Panchamia, Options Trader
- Stock TradingOptions Scalping Made EasyBy - Sivakumar Jayachandran, Ace Scalper
- Stock TradingStock Markets Made EasyBy - elearnmarkets, Financial Education by StockEdge
- Stock TradingRenko Chart Patterns Made EasyBy - Kaushik Akiwatkar, Derivative Trader and Investor
- Stock TradingStock Investing Made Easy: Beginner's Stock Market Investment CourseBy - elearnmarkets, Financial Education by StockEdge
- Stock TradingStock Valuation Made EasyBy - Rounak Gouti, Investment commentary writer, Experience in equity research
The top three richest persons are Americans and run technology businesses.
The next in the list are Bernard Arnault of France who has amassed a wealth of $183 billion though his wealth has declined by $24 billion in 2024, so far.
Larry Ellison, Bill Gates, Steve Ballmer, Larry Page, Warren Buffett and Sergey Brin are in the top 10 list.
At the start of this year, the only other individual with a net worth of $200 billion was Bernard Arnault, CEO of LVMH. However, shares of his luxury conglomerate have fallen nearly 16% this year, reducing his estimated wealth by $30 billion, bringing it down to $177 billion.
According to the Billionaire Index, the majority of Zuckerberg's fortune is derived from a stake of about 13% in Meta, based on a July 2024 filing.
Meta, which is the parent company of social media platforms like Facebook, Instagram and WhatsApp, generated a revenue of $134.9 billion in 2023 and has about 4 billion monthly users.
India's richest man Mukesh Ambani is at the 12th spot with a wealth of $113 billion while Gautam Adani is at the 15th spot with a personal fortune of $105 billion.
Also Read: Can multibagger HUDCO, 5 other housing finance stocks maintain their winning run on these two tailwinds?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News on
Mark ZuckerbergMeta$200 billionJeff BezosNvidia CEO Jensen Huang
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News on
Mark ZuckerbergMeta$200 billionJeff BezosNvidia CEO Jensen Huang
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless
Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition
Transformers: Rise of the Beasts…err stocks, and how BHEL, GE et al. went high voltage
With IT spending still on a tight leash, Accenture not in a sweet spot despite higher growth
India’s sedan king is losing power. Things it needs to do before it’s too late.
Why your SIP investment may work, until one day, it won’t.
Meta AI has joined the chat, with 500 million Indian users wishing ‘good morning’ in style
5 problems SpiceJet needs to fix to be competitive again
- 1
- 2
- 3
View all Stories