Mark Zuckerberg This year his fortunes have grown more than any other – but not Nvidia boss Jensen Huang After its fortunes plummeted this week.
This Meta The cofounder and CEO became $55.6 billion richer this year, with his net worth rising 43% to $184 billion, according to the Bloomberg Billionaires Index.
Zuckerberg is now in third place Rich listahead of LVMH CEO Bernard Arnault ($183 billion worth) and Microsoft cofounder Bill Gates ($158 billion worth).
Earlier this week, Huang surpassed Zuckerberg’s year-to-date wealth increase. But Nvidia cofounder and CEO A Hit about $11 billion On that front, the chipmaker’s share price fell sharply over the last three trading days. Huang’s fortune has grown by $50 billion this year to $94.2 billion.
Meta is a social media powerhouse that owns Facebook, WhatsApp, Instagram and Threads. With Zuckerberg at the helm, it’s built Huge bets on virtual reality, metaverse and artificial intelligence in recent years.
The expensive trading that led to a 75%-plus decline in Meta stock between September 2021 and November 2022 initially spooked investors.
But signs of a broader AI boom — and meta Curb his spending – There has been renewed interest in the company as a potential leader in next-generation technology, communication and entertainment.
Meta shares have more than quintupled from their 2022 lows to trade at record highs above $500, valuing the company at $1.3 trillion.
The explosive comeback has more than quintupled the value of Zuckerberg’s roughly 13% stake in Meta, thanks to his Personal fortune From under $35 billion in November 2022 to $184 billion today.
Now that Huang’s fortunes have turned around, Zuckerberg can claim the title of the world’s richest man this year.
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