Mark Zuckerberg's net worth has surged by 54% this year to nearly $200 billion, placing him fourth on the Bloomberg Billionaire list, following Elon Musk, Jeff Bezos, and Larry Ellison.
Meta's valuation has climbed significantly, with a market cap of $1.4 trillion, making it the seventh most valuable public company globally, following a surge in its stock price.
Despite owning only 14% of Meta, Zuckerberg's additional class of shares gives him significant voting control, ensuring that outside shareholders have little influence over the company's direction.
With the company's revenue hitting $40.6 billion last quarter—up 19% year-over-year—and a promising revenue outlook for the fourth quarter of 2024, Meta continues to thrive in the social media landscape.
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