Meta CEO Mark Zuckerberg will overtake Bernard Arnault to become the third richest person in the world in 2024. After Meta’s strong second-quarter earnings, Zuckerberg’s wealth rose to $184 billion, marking a significant rebound from 2022, when his net worth was reduced due to Metaverse’s investments.
Zuckerberg’s new focus on AI and cost-cutting initiatives has seen his wealth grow by $55.7 billion this year. Meanwhile, Arnault, now in fourth place, has seen his wealth drop by $23.9 billion. Elon Musk and Jeff Bezos are ranked first and second respectively.