BUSINESS
He is now only behind Amazon founder Jeff Bezos and Tesla CEO Elon Musk.
Meta CEO Mark Zuckerberg has entered the world's most elite individuals. The 40-year-old has become the world's third richest man, beating Bernard Arnault, who is now in 4th spot on Bloomberg's Billionaires Index. Zuckerberg's net worth has climbed to USD 200 billion. As per the index, his wealth has surged by USD 71 billion this year.
He is now only behind Amazon founder Jeff Bezos and Tesla CEO Elon Musk. The duo are the only two other people who have a personal wealth upwards of USD 200 billion or Rs 1671779 crore. Bezos is the second richest man on the planet with a fortune of USD 216 billion, Musk is the richest man in the world with a personal wealth of USD 268 billion.
Following him, Nvidia CEO Jensen Huang has seen the second-largest increase in net worth, an additional USD 58 billion. According to the Billionaire Index, the majority of Zuckerberg's fortune is derived from a stake of about 13 per cent in Meta, based on a July 2024 filing.
Meta is the parent company of social media platforms like Facebook, Instagram and WhatsApp. The company generated a revenue of USD 134.9 billion in 2023 and has about 4 billion monthly users.
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