Mark Zuckerberg, co-founder and CEO of Meta Platforms, has reached the ranks of the world's richest people, with a net worth of $200 billion, according to Bloomberg's Billionaires Index.
Only two other people have personal wealth in excess of $200 billion. While Amazon founder Jeff Bezos is the world's second richest man, with a fortune of $216 billion, Tesla CEO Elon Musk is the most wealthy, with a personal fortune of $268 billion.
Zuckerberg's wealth increased by $71 billion this year, bringing his total net worth to $200 billion.
The Meta co-founder has had his wealth grow at the quickest rate, and following him is Nvidia CEO Jensen Huang, who has experienced the second-largest gain in net worth, at $61.8 billion. Huang's entire net worth is now $106 billion.
This year, Musk's personal wealth increased by $38.9 billion, while Bezos' wealth increased by $39.3 billion. The top three richest people are Americans who operate technology companies.
Bernard Arnault of France is next on the list, with a wealth of $183 billion, albeit his worth has already decreased by $24 billion in 2024. Larry Ellison, Bill Gates, Steve Ballmer, Larry Page, Warren Buffett, and Sergey Brin are in the top ten list.
At the beginning of this year, the only other person with a net worth of over $200 billion was Bernard Arnault, CEO of LVMH. However, shares of his luxury firm have declined roughly 16% this year, lowering his estimated value by $30 billion to $177 billion.
According to the Billionaire Index, Zuckerberg's fortune is derived primarily from a 13% ownership in Meta, as of a July 2024 filing. Meta, is the parent company of social media sites such as Facebook, Instagram, and WhatsApp, with a revenue of $134.9 billion in 2023 and approximately 4 billion monthly users.
Mukesh Ambani, India's richest man, is ranked 12th with a net worth of $113 billion, while Gautam Adani ranks 15th with a personal fortune of $105 billion.
