Mark Zuckerberg’s dedication to the metaverse has paid off, with Meta’s stock price reaching a record high. As a result, Zuckerberg’s fortune has soared to 201 billion USD in less than 2 years, making him the fourth richest person in the world, trailing only Elon Musk, Jeff Bezos, and Bernard Arnault.
The leaders of several technology giants are also set to see significant increases in their wealth in 2024. For instance, Nvidia founder and CEO Jensen Huang has doubled his assets to 106.2 billion USD.
Zuckerberg’s success is particularly noteworthy, as his assets have surged by 73.4 billion USD since the beginning of 2024, largely due to his 13% stake in Meta. Last week, Meta’s stock value hit an all-time high, marking a 60% gain for the year.
The journey to success was not without challenges. After Zuckerberg announced the rebranding of Facebook to Meta and substantial investment in the metaverse in October 2021, the company’s shares plummeted, leading to a significant decrease in the billionaire’s assets. Meta reduced its global workforce by 25% to improve stock performance and initiated a $50 billion stock buyback program. Additionally, the company strives to establish itself as a leader in artificial intelligence (AI) by investing heavily in new data centers and increasing computing power.
In addition to his business ventures, Mark Zuckerberg’s public image has evolved significantly in the past two years. Once considered a “technology nerd,” he has diversified his interests by participating in various sports, including martial arts and surfing. Moreover, Zuckerberg has announced his intention to refrain from engaging in political issues, despite his previous statements on social justice, inequality, and migration.
