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Mark Zuckerberg’s Wealth Grows $44 Billion in 2023

FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. (AP Photo/Andrew Harnik, File)
FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. (AP Photo/Andrew Harnik, File)
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Mark Zuckerberg’s Wealth Grows $44 Billion in 2023

FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. (AP Photo/Andrew Harnik, File)
FILE - In this April 11, 2018, file photo, Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce hearing on Capitol Hill in Washington about the use of Facebook data to target American voters in the 2016 election and data privacy. (AP Photo/Andrew Harnik, File)

Mark Zuckerberg's fortune grew $44 Billion this year, most among billionaires tracked by the Bloomberg Billionaires Index during that same period.

After the latest growth, Zuckerberg’s net worth is now estimated at $89.9 billion.

According to the Bloomberg Billionaires Index, Meta’s CEO now ranks as the 12th richest person, and tops the list of billionaires whose wealth expanded since the beginning of this year, followed by LVMH’s CEO Bernard Arnault, and US entrepreneur Elon Musk.

Zuckerberg's fortune mainly consists of his share in Meta, which owns Facebook, Instagram, and What’s Up.

This record growth comes after Facebook’s founder lost more than half of his wealth last year, estimated at $71 billion due to a sharp plunge in the number of Meta’s users.

This year, Zuckerberg has focused on reducing the costs of Meta. In November, he announced plans to lay off over 11,000 of the company’s employees.

In the meantime, Meta’s CEO is gearing up to launch a new app that rivals Twitter. People familiar with the matter told Bloomberg that the new app is currently being tested by celebrities and influencers.

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Taipei Zoo's Veteran Giant Panda Celebrates 20th Birthday

Panda Yuanyuan enjoys her birthday cake for her 20th birthday at the Taipei Zoo in Taipei, Taiwan, Friday, Aug. 30, 2024. (AP Photo/Chiang Ying-ying)
Panda Yuanyuan enjoys her birthday cake for her 20th birthday at the Taipei Zoo in Taipei, Taiwan, Friday, Aug. 30, 2024. (AP Photo/Chiang Ying-ying)
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Taipei Zoo's Veteran Giant Panda Celebrates 20th Birthday

Panda Yuanyuan enjoys her birthday cake for her 20th birthday at the Taipei Zoo in Taipei, Taiwan, Friday, Aug. 30, 2024. (AP Photo/Chiang Ying-ying)
Panda Yuanyuan enjoys her birthday cake for her 20th birthday at the Taipei Zoo in Taipei, Taiwan, Friday, Aug. 30, 2024. (AP Photo/Chiang Ying-ying)

With politics set aside, well-wishers gathered to wish the Taipei zoo’s senior panda a happy 20th birthday.
Visitors crowded around Yuanyuan's enclosure to take photos of her with a birthday cake in the shape of the number 20.
Yuanyuan was born in China and arrived in 2008 with her partner Tuantuan. He died in 2022 at age 18 but not before fathering two female cubs, Yuanzai and Yuanbao, now 11 and 4 respectively and still living at the zoo.
Danielle Shu, a 20-year-old Brazilian student in Taiwan, said she found online clips of the pandas an enjoyable distraction. “And I just find it really funny and cute,” The Associated Press quoted Shu as saying.
Giant pandas are native only to China, and Beijing bestows them as a sign of political amity. Yuanyuan and Tuantuan arrived in Taiwan during a period of relative calm between the sides, which split amid civil war in 1949. China claims the island its own territory, to be annexed by military force if necessary.
Faced with declining habitat and a notoriously low birthrate, giant panda populations have declined to around 1,900 in the mountains of western China, while 600 pandas live in zoos and breeding centers in China and around the world.