Noteworthy News

[Fake Messiah]

Zucky has entered the $200 billion club although his salary is lower even than of a street bum.

I guess companies around the world find it harder and harder to find places where to run ads and Facebook is one of the few remaining places.

Mark Zuckerberg is now in an exclusive club with only two other members: Elon Musk and Jeff Bezos

It’s one thing to be a billionaire. Only 2,781 members of the world’s population, which is nearing 8 billion people, have reached that status. And even fewer people have a multibillion-dollar net worth, with a select few reaching the coveted $100 billion position.

But now there’s an even more illustrious camp: the $200 billion club. And only three of tech’s biggest leaders have reached that summit: Amazon founder Jeff Bezos, Tesla CEO Elon Musk, and now, Meta CEO Mark Zuckerberg.

Zuckerberg, however, not only just broke into the $200 billion club—he’s also the biggest winner on the list having accumulated dozens of billions in wealth this year.

Zuckerberg’s wealth has ballooned by an incredible $72.2 billion this year, according to the Bloomberg Billionaires Index, bringing his total net worth to $200 billion.

While Zuckerberg, who founded Facebook 20 years ago, only takes a $1 salary, he makes up for it in “other compensation” and his massive stake in Meta. He’s the largest shareholder of Facebook’s parent company, owning about 345.5 million shares, according to Meta’s April proxy statement. Plus, he took home $24.4 million in “other compensation” this year. Much of that other compensation goes toward protecting Zuckerberg, much as with other high-profile CEOs.

https://fortune.com/2024/09/24/mark-zuck...eff-bezos/