Mark Zuckerberg claimed the No. 2 spot among the world’s wealthiest people from Jeff Bezos as the Meta Platforms CEO’s personal fortune swelled to its highest level yet, according to Bloomberg.
He bumped Bezos, the founder of Amazon, out of that position on the Bloomberg Billionaires Index on Thursday after his net worth rose over $3 billion to a whopping $206.2 billion, the outlet reported.
Bezos moved to third-wealthiest at $205 billion, per the index.
Bloomberg linked Zuckerberg’s feat to the performance of Meta Platforms, the corporate parent of the social media site he co-founded in 2004, Facebook, and the platforms Instagram, Whatsapp and Threads.
INSTAGRAM RELEASES TEEN ACCOUNTS WITH BUILT-IN PRIVACY, PARENTAL CONTROLS
Meta has seen a 3% increase in its stock price in the past five days and a 69% jump year-to-date.
It has generated $75.5 billion in revenue over the first half of the year, including $39.07 billion in the second-quarter. Meanwhile, its net income across the first two quarters was $25.83 billion.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| META | META PLATFORMS INC. | 582.77 | +9.96 | +1.74% |
Zuckerberg’s company plans to release its third-quarter earnings in late October.
META’S THREADS TOPS 175 MILLION MONTHLY ACTIVE USERS, ZUCKERBERG SAYS
Prior to becoming the second-richest billionaire, the tech billionaire achieved another wealth-related feat in late September, Bloomberg reported.
Zuckerberg’s fortune on Sept. 23 went above $200 billion on Sept. 23. That, according to the outlet, has only been achieved by two other individuals in the U.S.: Bezos and Tesla CEO Elon Musk.
META CEO MARK ZUCKERBERG’S NET WORTH HITS $200 BILLION
Musk, at $256 billion, holds the title of the wealthiest individual in the world, per Bloomberg.
A report from Informa Connect Academy projected in September that the Tesla CEO could become the first-ever trillionaire within the next couple of years.
Read the full article here
