The Catalist
02-05

I'm struggling to understand. Is he the main cause of the social media issues affecting young teens, leading to self-harm, and are we unintentionally contributing to his wealth? Just makes me sick to my stomach 

Zuckerberg Climbs to No. 4 on the Billionaire List, Thanks to Meta's Surge

Meta Platforms CEO Mark Zuckerberg is now the fourth richest person in the world following a surge in Meta's share price that has increased his net worth more than any other individual this year.In 2024 so far, Zuckerberg's fortune has climbed by $42.4 billion, which has vaulted him to fourth place on Bloomberg's Billionaire Index. He has now overtaken Microsoft co-founder Bill Gates, who dropped to fifth-wealthiest billionaire.Zuckerberg, who owns a 13% stake in Meta , is now worth $170 billion, thanks to a surge in shares in the social media company he first set up in 2004 while a student at Harvard University.Zuckerberg now sits behind No. 1 billionaire Tesla CEO Elon Musk and Amazon founder Jeff Bezos, whose wealth climbed to $197 billion from $144 billion on Friday.The fast-paced growth in Zuckerberg's net worth saw him top the ranks of those who have made the sharpest increases in their wealth this year, ahead of Indian steel magnate Gautam Adani and Nvidia CEO Jensen Huang.
Zuckerberg Climbs to No. 4 on the Billionaire List, Thanks to Meta's Surge

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • Miraiyuni
    ·02-05
    TOP
    Its the fact that parents who are negligent on their childs phone usage are at fault but do not want to point fingers at themselves and instead point it at zuckerberg in order to not be held accountable for their actions.
    Reply
    Report
    Fold Replies
    • The Catalist: 
      I believe the issue extends beyond the United States, impacting democracies globally. While acknowledging the role of parental negligence, it's essential to address the broader societal impact and not solely place blame on individuals.
      02-05
      Reply
      Report