Meta CEO Mark Zuckerberg has climbed to the position of fourth richest person globally, surpassing Bill Gates.
This development followed a remarkable 22% surge in Meta's stock price, contributing to a substantial increase of over $28 billion in Zuckerberg's wealth.
As reported by the Bloomberg Billionaire Index, his net worth has now reached an astonishing $170 billion, surpassing Gates' $145 billion net worth.
The current ranking places Zuckerberg behind only Bernard Arnault, Jeff Bezos, and Elon Musk in terms of wealth.
Additionally, Zuckerberg is poised to receive around $174 million in cash when Meta distributes its inaugural dividend in March. With ownership of approximately 350 million Class A and B shares, all eligible for the dividend, Zuckerberg's annual earnings could surpass $690 million if Meta maintains its 50-cent quarterly dividend.
Beyond financial milestones, Zuckerberg recently celebrated the 20th anniversary of Facebook via his WhatsApp Channels. He shared a video showing him blowing out candles on cakes shaped like the number 20. He took to Instagram to share a montage chronicling the journey of Facebook since its inception as a college-level social media platform.
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