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Mark Zuckerberg briefly became the 3rd richest person in the world, surpassing Bernard Arnault, due to a surge in Meta’s stock.
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Zuckerberg’s net worth increased by $8.6 billion to $175.5 billion, driven by a 5.5% rise in Meta’s share price.
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He currently ranks 4th on the list of the world’s wealthiest individuals, behind Elon Musk, Jeff Bezos, and Bernard Arnault.
Mark Zuckerberg, CEO of Meta, briefly held the position of the 3rd richest person in the world, according to Forbes. This change came after Meta’s stock surged, causing Zuckerberg’s net worth to increase by $8.6 billion to $175.5 billion. However, he has since slipped back to the 4th position.
The ranking of the world’s top billionaires has seen significant changes recently. Elon Musk currently holds the top spot, followed by Jeff Bezos and Bernard Arnault. The rankings have frequently changed, with Arnault and Bezos exchanging positions as the 2nd wealthiest individual earlier this year.
Zuckerberg’s brief moment in the 3rd spot was due to a 5.5% rise in Meta’s share price, while Arnault’s net worth dropped due to a slight decline in LVMH shares. The net worth of these billionaires can fluctuate constantly, leading to changes in their rankings.