With his $200 billion fortune, Mark Zuckerberg has joined the exclusive club of the world’s wealthiest

Elon Musk firmly holds his position as the world’s wealthiest individual, boasting an incredible net worth of $265 billion, while Amazon’s founder, Jeff Bezos, follows closely behind with a fortune of $216 billion. Meanwhile, Mark Zuckerberg, the co-founder and CEO of Meta Platforms, has now ascended into this highly exclusive echelon of billionaires, achieving a net worth exceeding $200 billion, as reported by Bloomberg’s Billionaires Index.

Zuckerberg’s journey to this monumental achievement has been remarkable this year, with his wealth growing by an astonishing $72.2 billion, enabling him to reach the significant $200 billion milestone. This significant financial leap positions Zuckerberg in an elite group that includes Elon Musk and Jeff Bezos, making them the only three individuals on the planet with fortunes surpassing the $200 billion threshold.

In parallel, Nvidia’s CEO, Jensen Huang, has also witnessed substantial growth in his wealth, ranking as the second-largest wealth gainer of the year, having amassed an additional $58 billion. Nevertheless, despite this impressive rise, Elon Musk remains securely at the summit of the global wealth rankings, retaining his number one spot with a net worth of $265 billion. Jeff Bezos holds steady in the runner-up position with a substantial fortune of $216 billion.

Earlier in 2023, Bernard Arnault, the CEO of LVMH, stood as the only other individual with a net worth exceeding $200 billion. However, due to a sharp 16% decline in the share value of LVMH, the luxury goods conglomerate he heads, Arnault’s estimated wealth took a significant hit. This downturn resulted in a $30 billion reduction, ultimately lowering his net worth to $177 billion.

According to insights from the Bloomberg Billionaire Index, the majority of Mark Zuckerberg’s wealth can be traced back to his substantial ownership stake of approximately 13% in Meta, as noted in a July 2024 financial filing. Meta Platforms, which operates as the parent company of globally recognized social media giants like Facebook, Instagram, and WhatsApp, reported impressive revenue figures, generating $134.9 billion in 2023. Furthermore, these platforms continue to maintain a massive user base, with around 4 billion monthly active users worldwide, contributing to the financial success and growth of Zuckerberg’s wealth.