Mark Zuckerberg Becomes Fourth Billionaire Worth $200 Billion


Topline

Meta co-founder Mark Zuckerberg’s net worth reached the $200 billion mark Thursday, marking the first time the Forbes billionaire list has four billionaires worth $200 billion or more.

Key Facts

Zuckerberg’s jump to a $200 billion net worth comes amid a small pop in Meta stock, which is trading up 1.4% as of Thursday afternoon at $580.80.

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Big Number

$345 million. That is how many Class A and Class B shares Zuckerberg owns in Meta, as the co-founder’s stake in the tech giant is around 13%.

Tangent

LVMH chief Bernard Arnault, who was in the billionaire list’s top three for several months before a string of reductions to his net worth, is now No. 5 on the list with a $185.6 billion estimated net worth.

Key Background

Zuckerberg’s net worth is up more than $22 billion since the start of August, when Meta’s share price jumped 6% and marked one of the strongest days of trading for the company this year. Zuckerberg’s net worth is tied to the performance of his company’s stock, which plummeted to a historic low in 2022 ($90.79) and sent the billionaire’s net worth to $57.7 billion that same year. Since then, Zuckerberg has become more than three times as rich, while Meta shares have rocketed up 67% since the start of 2024.

Further Reading

The Real-Time Billionaires List (Forbes)

Exclusive: Mark Zuckerberg On Meta’s Two Big Risky Bets—And Getting Punched In The Face (Forbes)



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