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Mark Zuckerberg earns more wealth than anyone else in 2024

11 August, 2024 15:04

Meta’s Chief Executive Officer (CEO) Mark Zuckerberg has been the richest person in the world till date during 2024.

According to a Bloomberg report, Facebook founder and Meta CEO Mark Zuckerberg has overtaken France’s Bernard Arnault to become the third richest person in the world.

Meta’s second-quarter earnings report proved better than expectations, leading to an increase in Mark Zuckerberg’s wealth.

Bloomberg said after this increase, Mark Zuckerberg’s assets reached $184 billion, making him the third richest person in the world.

Bernard Arnault’s assets are also worth 184 billion dollars, but he is placed at the fourth position in this list.

It should be noted that Mark Zuckerberg has gone far down in the list of the richest people in the world some time ago.

In 2022, Mark Zuckerberg committed to the development of the Metaverse, which had a huge financial loss.

In fact, at one point, his wealth dropped by more than $100 billion and he dropped out of the top 10 richest people in the world.

Zuckerberg’s wealth fell below $35 billion in 2022 as Meta’s share price fell sharply at that time.

But in 2023, he focused on the real world, taking steps to reduce the costs of the meta-platform while working more on artificial intelligence (AI) technology.

These moves have proven to be good for the company so far and Mark Zuckerberg’s wealth has increased by $55.7 billion this year.

Mark Zuckerberg owns 12.8 per cent of Meta’s shares and his fortune also depends on it.

In comparison, Bernard Arnault has suffered the biggest losses this year and his wealth has decreased by $23.9 billion.

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