Mark Zuckerberg overtakes Jeff Bezos as the second richest man in the world

Mark Zuckerberg, the CEO of Meta (formerly Facebook), has surpassed Jeff Bezos as the world's second-richest person. His net worth has skyrocketed by a staggering $78 billion since the beginning of the year, primarily driven by the impressive growth of Meta's stock value. This surge in wealth has propelled Zuckerberg to the top of the list of the world's wealthiest individuals, second only to Elon Musk.

Meta's shares have experienced a remarkable 68% increase in value since early January, reaching a new all-time high on Thursday. This surge in investor confidence reflects the company's strong financial performance and positive outlook. Zuckerberg's substantial stake in Meta has directly contributed to his meteoric rise in wealth, solidifying his position as one of the world's most influential business leaders.