Mark Zuckerberg became the second richest person in the world for the first time in the fifth exhibition, overtaking Jeff Bezos in the actions of Meta Platforms Inc.
Zuckerberg's bet on the turnaround — which initially looked like a major flop — has paid off in recent months, lifting his net worth to a record $206.2 billion, according to the Bloomberg Billionaires Index. Isso or puts $1.1 billion ahead of Bezos, of Amazon.com Inc., and nearly $50 billion behind Elon Musk, of Tesla Inc.
Target numbers will rise 23% since announcing better-than-expected Q2 sales and revealing its investment in the kind of big language models we feed to AI chatbots. Today, Expo 5 has reached a historic high of $582.77.
The goal is to spend big on data centers and computing power as Zuckerberg works to build a leadership position in the AI race across the sector. The company is also developing other long-term projects, including the Orion augmented reality glasses, which the company recently launched.
Zuckerberg, who owns a 13% stake in the Menlo Park, California-based company, has seen his wealth grow by $78 billion so far this year, or more than any of the 500 richest people in the world tracked by the Bloomberg Index.
The 40-year-old co-founder and CEO gained four spots this year in the wealth index.
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