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Friday, November 15, 2024
CEOWORLD magazine - Latest - Money and Wealth - Facebook CEO Mark Zuckerberg’s fortune hit the $100 billion threshold

Money and Wealth

Facebook CEO Mark Zuckerberg’s fortune hit the $100 billion threshold

Mark Zuckerberg

Mark Zuckerberg’s wealth has reached a significant milestone as his fortune surpassed the $100 billion mark for the first time since February 2022. This achievement elevates him to the esteemed position of being the 10th richest person globally.

The surge in value can be attributed to a 3% increase in shares of Meta Platforms, the parent company of popular social media platforms such as Facebook, Instagram, and WhatsApp, where Zuckerberg serves as CEO. This rise in share prices resulted in a remarkable $3 billion boost to his overall wealth.

It is worth noting that on November 2, 2022, his net worth — almost all of which is tied up in his 13% holding in Meta — was valued at $35.1 billion, while on September 8, 2021, it reached a staggering $140 billion. Zuckerberg has branded 2023 the “year of efficiency” for Meta.

The world’s top 10 richest people

  1. Elon Musk: $229 billion
  2. Bernard Arnault: $197 billion
  3. Jeff Bezos: $151 billion
  4. Larry Ellison: $139 billion
  5. Bill Gates: $133 billion
  6. Steve Ballmer: $121 billion
  7. Warren Buffett: $119 billion
  8. Larry Page: $114 billion
  9. Sergey Brin: $108 billion
  10. Mark Zuckerberg: $103 billion

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CEOWORLD magazine - Latest - Money and Wealth - Facebook CEO Mark Zuckerberg’s fortune hit the $100 billion threshold
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.