The year 2024 has been nothing short of spectacular for Mark Zuckerberg, the CEO of Facebook's parent company Meta, as he skyrockets in the wealth race. His net worth has surged, propelling him into the third position on the Top-10 Billionaires List. Once again, Zuckerberg has surpassed Elon Musk in terms of wealth since 2020.
Zuckerberg ranks as the third wealthiest in the world
According to the Bloomberg Billionaires Index, among the top billionaires, French businessman Bernard Arnault reigns with a net worth of $223 billion, followed by Amazon's Jeff Bezos with $207 billion. Surpassing Elon Musk last Friday, Mark Zuckerberg's net worth has reached $187 billion.
Zuckerberg's net worth leaps in three months
Mark Zuckerberg's net worth has seen a significant boost in the past quarter as Meta's shares soared, increasing by $58.9 billion. This leap has knocked Elon Musk down to fourth, with the Tesla CEO's net worth at $181 billion. Previously, on November 16, 2020, Zuckerberg had attained third place with a net worth of $105.6 billion.
A challenging 2024 for Elon Musk
While Zuckerberg thrives, 2024 appears to be much less favorable for Elon Musk. As reported by Bloomberg, Musk's fortune diminished by $48.4 billion over the last three months. A notable downturn in his company's shares has caused him to slide from the richest person in the world to the fourth position.
Included in the Top-10 list
In the latest update of the world's top-10 richest, following Bernard Arnault, Jeff Bezos, Mark Zuckerberg, and Elon Musk—the fifth position is held by Bill Gates with $153 billion, followed by Steve Ballmer with a $147 billion net worth in sixth, Warren Buffet in seventh with $138 billion, Larry Page in eighth also with $138 billion, Larry Ellison in ninth with $137 billion and Sergey Brin in tenth with $131 billion.
Mukesh Ambani and Gautam Adani's dominance
Reliance Chairman Mukesh Ambani stands as the eleventh richest person in the world, with a net worth of $112 billion. This year, Ambani's fortune surged by $16.11 billion. The Indian billionaire and Adani Group Chairman Gautam Adani ranks fourteenth on the list, with a net worth of $104 billion. Adani has also seen his wealth grow by $19.9 billion this year.