Home Entertainment Mark Zuckerberg’s assets surpassed the $140 billion mark

Mark Zuckerberg’s assets surpassed the $140 billion mark

Posted January 26, 2024 by o2005

According to the Bloomberg Billionaires India ranking, Mark Zuckerberg is currently the fifth richest in the world and the fourth richest among technology CEOs, owning a fortune of 141 billion USD.

This result was achieved thanks to the policy of personnel reduction and expenditure optimization at Meta. Accordingly, the company also prospered and reached the trillion USD capitalization milestone.

Mark Zuckerberg is one of the four richest technology CEOs in the world

Previously, in September 2022, when Meta pursued its ambition of a virtual metaverse but failed, causing the company to lose tens of billions of dollars. This loss caused Zuckerberg’s assets to decrease by more than a hundred billion dollars (from 142 billion to 38.1 billion).

To change the situation, Meta CEO decided to lay off a series of employees at the end of 2022 and early 2023. In addition, Zuckerberg focused on AI and spent large sums to build a large language model training system. . However, CEO Meta affirmed that he still pursues the metaverse but has refined it by integrating more AI.

CEO Meta’s changes are considered positive, helping the company’s shares increase 200% over the same period last year, company capitalization reaching 1,000 billion USD.