Edited by: Ankita Sengupta
moneycontrol.com
Elon Musk has a net worth of $270 billion, while Jeff Bezos is worth $215 billion, as per Bloomberg billionaires index on September 26.
Of the nearly 8 billion people in the world, only 2,781 are billionaires. Among them, only three people are part of the exclusive $200 billion club: Tesla CEO and the richest person in the world Elon Musk, Amazon founder Jeff Bezos, and the recent joiner Meta CEO Mark Zuckerberg.
According to Bloomberg billionaire’s index, Musk has a net worth of $270 billion, Bezos is worth $215 billion, and Zuckerberg stands at $202 billion, as of September 26. This puts the Facebook co-founder ahead of other major tech executives including Oracle co-founder Larry Ellison — who is also fighting for a spot in the club — and former Microsoft CEOs Bill Gates and Steve Ballmer.
Zuckerberg not only broke into the $200 billion club recently, but he has also been the biggest winner on the list having accumulated dozens of billions in wealth in 2024, Fortune reported. The 40-year-old’s wealth has ballooned by an incredible $71.8 billion this year, as per the Bloomberg Billionaires Index. The majority of his fortune is derived from a stake of about 13 percent in Meta Platforms which amounts to about 345.5 million shares, based on Meta’s April proxy statement quoted by Fortune.
The billionaire also famously takes $1 as his salary since he makes up for it in “other compensation” and his massive stake in Meta. He took home $24.4 million in “other compensation” this year, the publication reported.
But Zuckerberg plans to donate the majority of his fortune to charity.
When his wife Priscilla Chan gave birth to a baby girl in December 2015, the same day, he announced plans to give away 99 percent of his stock in Meta to advance philanthropic causes. Moreover, in September 2010, he donated $100 million of Facebook shares to the Newark, New Jersey, public school system. He has also donated 36 million shares to the Silicon Valley Community Foundation, Bloomberg reported. Zuckerberg and Chan are also spending $3 billion in an attempt to end, cure or manage all disease by the year 2100.
