Mark Zuckerberg surpasses Jeff Bezos to become world's second-richest person [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
The Facebook founder has officially surpassed Amazon founder Jeff Bezos, according to the Bloomberg Billionaires Index. Most Read from Fast Company The businessman's net worth reached a whopping $206.2 billion, making him more than $1 billion richer than Bezos. Both men still trail Elon Musk by around $50 billion, according to the Index. This year has been one of drastic growth for Meta, which owns Facebook, Instagram, and WhatsApp. As shares of Meta Platforms Inc. have been rising this year, most dramatically in the second quarter, when they grew by 23%, so have the CEO's. On Thursday, the stock closed at an all-time high of $582.77, meaning Zuckerberg, who has a 13% stake in the company, saw his net worth take a leap, too. This year alone, the CEO's net worth has risen by $78 billion. With that, he has jumped not one but four spots on the Bloomberg Billionaires Index. Between 2022 and 2023, Meta was going through some major upheaval, including multiple rounds of massive la
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META
News
- Top Europe court rules against Meta Platforms on ad data retention [Seeking Alpha]Seeking Alpha
- Meta's Zuckerberg passes Jeff Bezos as world's 2nd wealthiest person [FOX Business Network]FOX Business Network
- OpenAI's $157 Bln Valuation Requires Hand Waving [Seeking Alpha]Seeking Alpha
- Meta announces new AI model that can generate video with sound [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Meta faces new limits on ad-targeting in Europe as nemesis Max Schrems wins again at EU's highest court [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 7/31/24 - Beat
META
Sec Filings
- 10/3/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form 144
- META's page on the SEC website