Mark Zuckerberg becomes 2024’s top wealth gainer with $56bn increase

Mark Zuckerberg has emerged as the most significant wealth gainer of 2024, surpassing Nvidia’s Jensen Huang following a volatile week in the markets.

According to the Bloomberg Billionaires Index, Zuckerberg’s net worth has surged by $55.6 billion this year, a 43% increase, bringing his total fortune to $184 billion.

Diaspora Digital Media understands that this leap has elevated him to third place on the global rich list, ahead of LVMH CEO Bernard Arnault (worth $183 billion) and Microsoft’s cofounder Bill Gates (worth $158 billion).

Previously, Huang, the co-founder and CEO of Nvidia, had been leading in year-to-date wealth gains due to Nvidia’s soaring stock price driven by the AI boom.

However, Nvidia’s stock decline this week has erased $11.5 billion from Huang’s wealth, reducing his year-to-date gains to $44 billion.

Huang’s net worth now stands at $94 billion, placing him behind Zuckerberg in wealth accumulation for the year.

Zuckerberg’s substantial wealth increase reflects Meta’s resurgence.

Under his leadership, Meta has invested heavily in AI, virtual reality, and the metaverse.

Although these strategies led to a sharp 75% drop in Meta’s stock between September 2021 and November 2022 due to investor skepticism, the company has since benefited from the global AI boom and a return of investor confidence, driving its stock and Zuckerberg’s personal fortune upwards.

Below is the top 20 richest individuals in the world according to Bloomberg Billionaires Index.

Name Total Networth

Elon Musk $251 billion

Jeff Bezos $201 billion

Mark Zuckerberg $184 billion

Bernard Arnault $183 billion

Bill Gates $158 billion

Larry Ellison $157 billion

Warren Buffett $146 billion

Larry Page $142 billion

Steve Ballmer $142 billion
Sergey Brin $134 billion
Mukesh Ambani $113 billion

Amancio Ortega $104 billion

Michael Dell $102 billion

Gautam Adani $101 billion

Jim Walton $99.2 billion

Rob Walton $96.9 billion

Alice Walton $96.2 billion

Jensen Huang $94.2 billion

Francoise Meyers $88.9 billion

Carlos Slim $87.0 billion.

About Zuckerberg:

Mark Zuckerberg founded Facebook in 2004 while attending Harvard University. Born on May 14, 1984, he developed an interest in computers and programming at a young age.

Zuckerberg dropped out of Harvard in 2005 to focus on Facebook full-time. He expanded his team, raised funding, and grew Facebook into one of the world’s largest social media platforms.

Today, Zuckerberg is the CEO of Meta, which owns Facebook, Instagram, and WhatsApp.

He has been recognized for his contributions to technology and philanthropy, including being named Time Magazine’s Person of the Year in 2010.

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