The post Mark Zuckerberg Becomes Fourth-Wealthiest After Meta Rebrand appeared first on Coinpedia Fintech News
Mark Zuckerberg has become the world’s fourth-richest person with a net worth of $201 billion, following Facebook’s rebrand to Meta in 2021 and its expansion into the metaverse and artificial intelligence. Meta’s market value surged to over $1.4 trillion, with its stock now trading at around $567, a significant recovery from its 2022 lows of $88. Despite cutting its metaverse budget, Meta continues developing AR and VR products. Zuckerberg’s shift to focus on AI has played a key role in driving Meta’s recent success.