Mark Zuckerberg is $9 billion richer after Meta earnings, and has more than doubled his net worth in 2023 to $118 billion
and investor enthusiasm around the successful launch of its Twitter competitor, Threads.
Zuckerberg, who owns just over 13% of the company he founded in 2004, has seen his total net worth more than double this year after a dismal 2022. The bulk of his wealth is tied to his stake in the social media giant. When Meta stock plunged more than 70% in 2022, Zuckerberg's total net worth was torched, falling from about $125 billion at the start of 2022 to a low of about $35 billion in November, according to theSince hitting that low last fall, it has more than tripled to about $118 billion today.
Assuming the 9% gain in Meta stock holds on Thursday, Zuckerberg is set to leapfrog four billionaires to become the world's sixth richest person. Steve Ballmer, Warren Buffett, and Larry Pagewhile Sergey Brin has a total net worth of about $111 billion. The 165% year-to-date surge in Meta stock has added about $70 billion to Zuckerberg's wealth so far this year. That year-to-date gain only trails Tesla CEO Elon Musk's $103 billion increase in wealth this year.
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