Mark Zuckerberg’s Net Worth Up $41 Billion

By Douglas A. McIntyre Published Feb 20, 9:15AM EST

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So far this year, Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg’s net worth has risen by $41 billion.
He is the second richest person in the world.

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Mark Zuckerberg’s Net Worth Up $41 Billion — © Justin Sullivan / Getty Images

So far this year, Meta Platforms Inc. (NASDAQ: META | META Price Prediction) CEO Mark Zuckerberg’s net worth has risen by $41 billion to $248 billion. This makes him the second richest person in the world, according to the Bloomberg Billionaires Index. Elon Musk is ahead of Zuckerberg with a net worth of $402 billion.

Most of Zuckerberg’s wealth comes from his ownership in Meta Platforms, a company he co-founded. Meta’s primary business is Facebook, the largest social network in the world. Facebook currently has over 3 billion monthly users.

Meta’s share price is up 20% this year to $703. Its market cap of $1.78 trillion makes it the eighth most valuable company in the world. Zuckerberg owns about 13% of Meta’s shares. However, the company has created a special class of shares that gives him voted control.

Zuckerberg founded Facebook, which is Meta’s largest and oldest product, in 2004 while an undergraduate at Harvard. Beyond Facebook, Meta owns Instagram, WhatsApp, and Messenger.

Facebook has about 18% of the world’s total digital ad revenue. The only platform ahead of it is Google at 39%. In the most recently reported quarter, Meta’s revenue rose 21% to $48.4 billion. Earnings increased 50% to $8.02 per share.

In the past two months, Meta’s shares have been partially driven by the possible shutdown of TikTok, which competes directly with Meta’s Instagram. If TikTok’s 170 million users cannot use the TikTok platform in the United States, one of the likely places for them to go is Instagram. Due to an order from President Trump, TikTok’s U.S. presence in America is still pending.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.