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How Mark Zuckerberg gained more wealth than anyone else this year to become the world's second-richest person [Yahoo! Finance]
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The Meta CEO leapfrogged Amazon founder Jeff Bezos by $1 billion to take the number two spot on Thursday with a net worth of $206 billion, according to the Bloomberg Billionaires Index. He is now behind only Tesla CEO Elon Musk, who boasts a net worth of $256 billion. Zuckerberg's wealth is mostly tied up in his 13% stake of Meta, and it has jumped by about $78 billion this year alone thanks to stock gains. That's more than anybody else on the billionaires list, including Jensen Huang, the CEO of red hot chipmaker Nvidia Meta shares skyrocketed this year, closing at a record high of $582.77 on Thursday. And the stock was trading even higher at $590 on Friday, up nearly 70% year to date. In February, Meta's stock surged after it announced its first quarterly dividend and a $50 billion stock buyback that pleased investors. Since then, Meta's stock has benefited from better-than-expected sales in the second quarter and the company's push into AI. After pouring billions into Zuck
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