Mark Zuckerberg Overtakes Jeff Bezos as World's Second Richest Person

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ICARO Media Group
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04/10/2024 19h56

**Mark Zuckerberg Surpasses Jeff Bezos as World’s Second Wealthiest Person**

Mark Zuckerberg has climbed to the position of the world's second-richest individual, surpassing Amazon founder Jeff Bezos. According to Bloomberg's Billionaires Index, the Meta CEO's personal wealth surged by over $3 billion, reaching a new high of $206.2 billion.

Jeff Bezos now holds the title of the third-wealthiest person with a net worth of $205 billion. This shift in rankings is tightly linked to the robust performance of Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads, all co-founded by Zuckerberg in 2004.

Meta's stock has shown impressive gains, rising 69% since the start of the year. The company generated $75.5 billion in revenue during the first half of the year, with $39.07 billion coming from the second quarter alone. Meta also reported a net income of $25.83 billion across the first two quarters.

The significant swell in Zuckerberg's fortune reflects not only the success of Meta Platforms but also the dynamic nature of wealth rankings among the world's top billionaires.

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