Mark Zuckerberg Leaves Jeff Bezos Behind To Become Second Richest, Trails Elon Musk By THIS Much

Meta CEO Mark Zuckerberg has left Amazon's Jeff Bezos behind to become the second-richest person in the world. According to the Bloomberg Billionaires Index, Zuckerberg's net worth reached $206.2 billion, trailing Tesla CEO Elon Musk by almost $50 billion. According to the Bloomberg Billionaires Index, Zuckerberg's net worth reached $206.2 billion, trailing Tesla CEO Elon Musk by almost $50 billion. Amazon CEO now holds the third position with a $205.1 billion net worth. 2024 has been a great year so far for Meta CEO as his fortunes have seen a growth of $78 billion. The billionaire also jumped four spots this year on the wealth index. In 2024, Mark Zuckerberg's net worth increased by $78 billion, outpacing any other member of the 500 richest individuals tracked by the Bloomberg Index.

Meta Stock Is Sailing High In 2024Meta stocks have been trading high, recording almost 70 per cent jump since this year's start owing to an increase in Mark Zuckerberg’s personal wealth alongside investor enthusiasm. Meta has attributed its artificial intelligence (AI) investments as the reason behind its growth.This marks a significant turnaround for the company, which laid off 21,000 employees in late 2022 as Mark Zuckerberg implemented a major cost-cutting plan that investors believe contributed to the company’s rebound.Currently, Meta is investing billions in virtual and augmented reality technologies, yet investors continue to back the company, as its core advertising business remains robust. Last week, Meta launched its Orion AR glasses, which received positive reviews.