Mark Zuckerberg Becomes Second Richest Person, Surpassing Jeff Bezos
Meta's stock has performed well in 2024, with shares rising nearly 70% since the start of the year.
As per Bloomberg Billionaires Index 2024, Zuckerberg has $206.2 billion.
Meta CEO Mark Zuckerberg became the second richest person in the world. He surpassed Amazon's Jeff Bezos for the first time.
As per Bloomberg Billionaires Index 2024, Zuckerberg has $206.2 billion.
Jeff Bezos has $205.1 billion. Mark Zuckerberg has more money than Kuwait, which has $160.4 billion.
Zuckerberg is about $50 billion less than Elon Musk, who is the richest person.
The Bloomberg Billionaires Index shows how much money the richest people have.
It updates each day when the stock market closes in New York.
In 2024, Mark Zuckerberg's money grew by $78 billion.
This is more than anyone else on the list.. He owns 13% of Meta, a company in Menlo Park, California, and his wealth has gone up a lot this year.
Meta is spending a lot of money to build new data centers. These centers use smart computers to help with AI (artificial intelligence).
They are also making special glasses called Orion that show us fun things. These glasses were released last month.
Meta's stock has performed well in 2024, with shares rising nearly 70% since the start of the year.
This increase is linked to Zuckerberg's growing wealth and heightened investor ent-
This marks a notable turnaround for Meta, which laid off 21,000 employees in late 2022 as part of a cost-cutting plan led by Zuckerberg. This strategy has been key to the company's recovery.
Even though Meta has put a lot of money into virtual and augmented reality, investors still believe in the company.
Meta's main advertising business is doing well. This year, Zuckerberg has moved up four places on the wealth list.
