Meta Platforms co-founder and CEO Mark Zuckerberg has joined the ranks of the world's most elite individuals with a net worth of $200 billion, according to Bloomberg's Billionaires Index. He now stands alongside Amazon founder Jeff Bezos and Tesla CEO Elon Musk , who are the only other individuals globally to surpass the $200 billion mark in net worth. Zuckerberg's wealth has surged by $72.
2 billion this year, raising his total net worth to $200 billion. Following him, Nvidia CEO Jensen Huang has seen the second-largest increase in net worth, amassing an additional $58 billion. Despite this growth, Elon Musk retains the top position with a net worth of $265 billion, while Jeff Bezos trails closely behind at $216 billion.
At the start of this year, the only other individual with a net worth of $200 billion was Bernard Arnault, CEO of LVMH . However, shares of his luxury conglomerate have fallen nearly 16% this year, reducing his estimated wealth by $30 billion, bringing it down to $177 billion. According to the Billionaire Index, the majority of Zuckerberg's fortune is derived from a stake of about 13% in Meta, based on a July 2024 filing.
Meta, which is the parent company of social media platforms like Facebook, Instagram and WhatsApp, generated a revenue of $134.9 billion in 2023 and has about 4 billion monthly users. Also Read: Meta AI has 400 million monthly active users, says Mark Zuckerberg.