Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Zuckerberg now the second richest in the world

It's only a week since Mark Zuckerberg was the world's fourth richest person. Now he is the world's second richest.

» Updated: 08 October 2024, 06:44

» Published: 05 October 2024

Zuckerberg now the second richest in the world
Photo: Godofredo A. Vásquez/AP/TT

Facebook founder has surpassed billionaires Jeff Bezos and Bernard Arnault and his fortune is now estimated to be over 206 billion dollars.

This means that Zuckerberg, 40, has increased his fortune the most among all billionaires so far this year, according to Bloomberg. It has grown by 78 billion dollars since the turn of the year.

Zuckerberg's assets consist mainly of shares in Facebook's and Instagram's parent company Meta, which has risen sharply on the stock exchange.

According to Bloomberg's calculations, Zuckerberg is 1.1 billion ahead of Amazon's Bezos but almost 50 billion behind Tesla's Elon Musk.

The value of Meta's shares has increased by 23 percent during the second quarter, an increase that is significantly higher than expected. On Thursday, the share was worth almost 583 dollars, a record high.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Securing Your Savings in the Event of a Trump Victory
3 MIN READ

Securing Your Savings in the Event of a Trump Victory

The Norwegian krone is the weakest in the "currency class"
1 MIN READ

The Norwegian krone is the weakest in the "currency class"

Largest Interest Rate Cut in Ten Years Expected
4 MIN READ

Largest Interest Rate Cut in Ten Years Expected

Financier continues to dump Apple
1 MIN READ

Financier continues to dump Apple

Restaurant chain files for bankruptcy
1 MIN READ

Restaurant chain files for bankruptcy

The Dollar Is Getting Increasingly Expensive
1 MIN READ

The Dollar Is Getting Increasingly Expensive

The Government: FI's Responsibility May be Revoked
2 MIN READ

The Government: FI's Responsibility May be Revoked

The Government Ready to Change Amortization Requirements
3 MIN READ

The Government Ready to Change Amortization Requirements

Criticism: Too Small Price Reduction on Plastic Bags
1 MIN READ

Criticism: Too Small Price Reduction on Plastic Bags

Housing Price Drop – The Regions That Stand Out
3 MIN READ

Housing Price Drop – The Regions That Stand Out

Symbolism as Nvidia surpasses Intel
1 MIN READ

Symbolism as Nvidia surpasses Intel

Amazon led the upswing on Wall Street
1 MIN READ

Amazon led the upswing on Wall Street

Wall Street opens upwards after weak job figure
1 MIN READ

Wall Street opens upwards after weak job figure

Saab signs memorandum of understanding in Thailand
1 MIN READ

Saab signs memorandum of understanding in Thailand

Significantly fewer new US jobs than expected
1 MIN READ

Significantly fewer new US jobs than expected

Swish experienced disruptions
1 MIN READ

Swish experienced disruptions

Fewer people get work permits after stricter salary requirements
2 MIN READ

Fewer people get work permits after stricter salary requirements

Continued headwind for car sales
1 MIN READ

Continued headwind for car sales

Unexpectedly Large Boost for Swedish Industry
1 MIN READ

Unexpectedly Large Boost for Swedish Industry

Swedbank lowers variable interest rate
1 MIN READ

Swedbank lowers variable interest rate