Mark Zuckerberg Becomes One of the World's Richest with $200 Billion Net Worth

TapTechNews September 25th news, Meta's chief executive officer Mark Zuckerberg has recently become one of only three billionaires in the world with a net worth of over $200 billion (TapTechNews note: currently about 1.4 trillion yuan). He is on par with Tesla's chief executive officer Elon Musk and Amazon's founder Jeff Bezos.

According to the Bloomberg Billionaires Index, Zuckerberg's wealth has increased by an astonishing $72.2 billion this year, bringing his total net worth to $200 billion. Nvidia's chief executive officer Jensen Huang ranked second in wealth growth this year, increasing by $58 billion. Musk still tops the list with a net worth of $268 billion, followed by Bezos with $216 billion.

Zuckerberg's wealth surpassed other tech giants, including Oracle co-founder Larry Ellison and former Microsoft chief executive officers Bill Gates and Steve Ballmer.

Our strategy is that if we can learn faster than other companies, we will win, Zuckerberg said in a recording of the Acquired podcast last week. We will build better products than others because we will launch it first or earlier, and you learn faster.

Although Zuckerberg founded Facebook 20 years ago and has an annual salary of only $1, he is the largest shareholder of Facebook's parent company Meta, owning about 345.5 million shares. Since the beginning of 2024, Meta's stock price has increased by an astonishing 60%, and the year-on-year growth has reached 85%.

Zuckerberg attributes Meta's strong performance this year to the company's focus on artificial intelligence. By the end of this year, MetaAI is expected to become the most used AI assistant in the world, Zuckerberg said in a financial report in July.