Meta co-founder Mark Zuckerberg’s net worth reached the $200 billion mark Thursday, marking the first time the Forbes billionaire list has four billionaires worth $200 billion or more.
Key Takeaways
- Zuckerberg’s estimated net worth is up $2.6 billion Thursday, bringing it to $200.8 billion.
- He trails No. 1 Elon Musk ($259.6 billion), No. 2 Larry Ellison ($203.8 billion) and No. 3 Jeff Bezos ($200.9 billion) on the real-time billionaires list.
- Zuckerberg’s jump to a $200 billion net worth comes amid a small pop in Meta stock, which is trading up 1.4% as of Thursday afternoon at $580.80.
Big Number
$345 million. That is how many Class A and Class B shares Zuckerberg owns in Meta, as the co-founder’s stake in the tech giant is around 13%.
Tangent
LVMH chief Bernard Arnault, who was in the billionaire list’s top three for several months before a string of reductions to his net worth, is now No. 5 on the list with a $185.6 billion estimated net worth.
Key Background
Zuckerberg’s net worth is up more than $22 billion since the start of August, when Meta’s share price jumped 6% and marked one of the strongest days of trading for the company this year. Zuckerberg’s net worth is tied to the performance of his company’s stock, which plummeted to a historic low in 2022 ($90.79) and sent the billionaire’s net worth to $57.7 billion that same year. Since then, Zuckerberg has become more than three times as rich, while Meta shares have rocketed up 67% since the start of 2024.
This article was originally published on forbes.com and all figures are in USD.