News

Mark Zuckerberg could buy a Bugatti Chiron everyday for many years before running out of money

  • Zuckerberg’s net worth took a hit in 2022 after rebranding Facebook to Meta, but it’s recovered since
  • At the time of writing, Zuckerberg is the fourth richest person in the world
  • He could buy afford to buy a brand new Bugatti Chiron literally every day for the next 100+ years

Meta founder and CEO Mark Zuckerberg is the fourth richest man in the world at the time of writing.

He has a net worth of $160 billion and, with that kind of money, Zuckerberg could buy an expensive seven-figure hypercar like the Bugatti Chiron every day for years before running out of money.

In fact, it would take him over a century.

The rich are getting richer is more than just a slogan.

In 2023, the world’s 500 wealthiest people added a combined $852 billion to their fortune.

And things are getting even better for them.

Zuckerberg’s net worth is largely tied to Meta stock performance, which is now on the rise after a woeful 2022 and a mild recovery throughout 2023.

Zuckerberg’s attempt to rebrand to Meta was initially perceived as a disaster, and for good reason.

Back then, the ‘Metaverse’ hype was at an all-time high and it could only go down from there, which it did.

Between late 2021 and the first six months of 2022, Meta stock collapsed, accidentally setting a rather unfortunate world record in the process.

The company lost $31 billion in a single day – a world record at the time.

However, things changed since then.

Zuckerberg seemingly decided to put Meta’s various Metaverse and crypto projects in the back burner to focus on what the company does best, ad revenue, and it worked.

Meta

This is why Meta stock recovered quite nicely since then, and it is now trading at $454.72 per share with a market capitalization of $1.159 trillion.

And Zuckerberg owns around 13.68 percent of that.

This explains why and how he can spend so much on private jets and personal security.

And it also explains why he could theoretically buy a Bugatti Chiron every day and still wouldn’t run out of money until, wait for it, the year 2156.

Related Posts

Taylor Swift and Travis Kelce’s Utah date sparks backlash over NFL star’s presence around the pop sensation

Taylor Swift and NFL star Travis Kelce were recently spotted on a dinner date in Park City, Utah, marking their first public appearance since the Super Bowl in…

Breaking News: Last night, NFL superstar Travis Kelce and pop sensation Taylor Swift officially tied the knot in a jaw-dropping ceremony that left fans and A-listers in awe! The couple’s whirlwind romance, which began in 2023, reached its unforgettable climax with a lavish celebration attended by the biggest names in sports and entertainment. SEE 10 EXCLUSIVE PHOTOS of the Star-Studded Wedding!

In an event that had the world buzzing, NFL superstar Travis Kelce and global pop sensation Taylor Swift tied the knot in a stunning ceremony that no one…

Blake Lively Loses Over 1.2 Million Instagram Followers While Justin Baldoni Has Gained Amid Their Feud

In a surprising turn of events, Hollywood stars Blake Lively and Justin Baldoni have found themselves in the middle of a public feud, sparking a massive social media…

Bill Gates Strikes Back at Elon Musk, Announces $333 Million Offer to Buy X—Musk’s Immediate Reaction Shakes the Internet!

Elon Musk, the CEO of Tesla, is known for making headlines with his social media statements. In a recent post on X, Musk made a bold claim, stating…

Elon Musk’s Daughter Reveals The Real Reason He Hates That She’s Trans—And Yep, That Tracks

Tech billionaire Elon Musk’s estranged trans daughter, Vivian Jenna Wilson, revealed why Musk despises her trans identity so much. The SpaceX cofounder has made several transphobic comments, including his belief that gender reassignment surgery was…

In an interview on CNN, MAGA Senator Markwayne Mullin made the correct point that a tariff is a tax that is “passed on to consumers,” a fact that Trump has refused to acknowledge.

Oklahoma Republican Senator Markwayne Mullin admitted the truth about tariffs in an interview with CNN, making the correct point that tariffs are taxes “passed on to consumers,” a…

Leave a Reply

Your email address will not be published. Required fields are marked *