Anjali Sharma
In 2024, Zuckerberg’s fortune has climbed by $42.4 billion, which has vaulted him to the fourth place on Bloomberg’s Billionaire Index.
MarketWatch reported that Zuckerberg has overtaken Microsoft Co-founder Bill Gates, who dropped to the fifth position.
Zuckerberg has a net worth of $170 billion.
The majority of Zuckerberg’s fortune is derived from a stake of about 13 per cent in Meta Platforms based on the company’s 2023 proxy statement and regulatory filings, as per the Bloomberg Billionaires Index.
Zuckerberg is the Co-founder and Chief Executive of Meta Platforms, the company behind Facebook the world’s largest social-network.
The Menlo Park business had a revenue of $117 billion in 2022 and has about 3.7 billion monthly users. Its initial public offering in 2012 was the biggest-ever technology IPO at the time.
Facebook is the world’s largest social network.
According to a January 2023 company presentation Meta Platforms has about 3.7 billion active users each month, including about 3 billion on Facebook.
