Meta CEO Mark Zuckerberg now has a fortune of about $206 billion, which puts him in second place in the Bloomberg Billionaires Index.
Zuckerberg, who founded Facebook in 2004, has a 13% stake in Meta, which owns Facebook, WhatsApp, Instagram and X's newest competitor, Threads. The company has invested a lot in artificial intelligence in recent years.
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Zuckerberg saw his net worth increase by $78 billion in 2024. For BarronsMeta shares are up about 65% this year (as of Thursday's close).
“Across Facebook and Instagram, advances in AI continue to improve the quality of recommendations and drive engagement,” Zuckerberg said. in August. In July, Zuckerberg published a paper on Facebook pushing for open source AI.
Zuckerberg jumped just ahead of the current No. 3, Amazon founder Jeff Bezos ($205 billion).
Meanwhile, Zuckerberg is about $50 billion behind the world's richest person, Tesla and SpaceX CEO Elon Musk, whose net worth is currently $256 billion. according to Bloomberg.
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