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Business Insider

Business Insider

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Mark Zuckerberg is almost $54 billion richer this year — and he's closing in on Elon Musk

Mark Zuckerberg's fortune has significantly increased in 2024, making him a strong contender for the position of the world's third-richest person, just behind Elon Musk. Since January, Zuckerberg's wealth has surged by nearly $54 billion, bringing his net worth to $182 billion. Most of his wealth comes from his stake in Meta, the parent company of Facebook, Instagram, and WhatsApp. In contrast, Musk's net worth has dropped by $40 billion due to concerns about Tesla's slowing growth. Despite their previous rivalry, it is unlikely that the two billionaires will settle their differences in a cage match.

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