Mark Zuckerberg’s net worth has surged to $200 billion, placing him among an exclusive group of billionaires in the United States.
According to the Bloomberg Billionaires Index, the CEO of Meta Platforms saw his fortune increase by $1.06 billion from the previous trading day and a remarkable $72.2 billion since the beginning of the year.
This milestone puts Zuckerberg in the rare company of just two other billionaires with personal fortunes exceeding $200 billion.
Tesla CEO Elon Musk, the world’s richest person, had a net worth of $265 billion as of Monday, according to the Bloomberg Billionaires Index.
Amazon founder Jeff Bezos ranked second with a net worth of $216 billion.
Much of Zuckerberg’s personal fortune comes from his holdings in Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads.
The company’s stock price has surged nearly 62.5% year-to-date, contributing to a market capitalization of $1.42 trillion as of Tuesday.
A report from Informa Connect Academy projected earlier this month that Zuckerberg could potentially become a trillionaire by the beginning of the next decade, based on the average annual growth rate of his net worth.
However, the organization identified Musk as the “clear favourite” to reach a trillion-dollar net worth before any other billionaire, with the potential to achieve this milestone by 2027, according to Informa Connect Academy.
