Zuckerberg is now positioned just behind Amazon founder Jeff Bezos ($211 billion), LVMH Chairman Bernard Arnault ($207 billion), and Tesla's Elon Musk, who holds the title of the world’s richest perso

Meta’s current market capitalization exceeds $1.4 trillion, positioning it among the most valuable companies globally. Following Facebook’s rebrand to Meta in October 2021 and the company’s expansion into metaverse hardware and artificial intelligence, Mark Zuckerberg has become the fourth-wealthiest billionaire, with a net worth of $201 billion.

There has been an increase of USD 73.4 billion in Zuckerberg's net worth this year with Meta's share appreciating by 60 per cent since January 2024. The shares have reached record-high of USD 560.

An expensive demo, an unfulfilled Metaverse—Meta has become the Queen of Vaporware. This story originally appeared in The Technology Letter and is republished here with permission. Oh, the Metaverse!

Mark Zuckerberg’s bet on the metaverse initially looked like a colossal mistake, wiping more than $100 billion from his net worth. But now it’s paying off big-time.

According to the Forbes Wealth Index, the Facebook founder has increased his net worth from 73.4 billion dollars to 201 billion dollars in 2024. The Meta CEO is currently the fourth richest person in the world.

The Orion glasses propelled Meta shares to a record high, supporting Mark Zuckerberg's Metaverse bet, which initially looked like a mistake