Meta's Zuckerberg and Nvidia's Huang Could Become Wealthier Than Musk by 2024 Thanks to AI Boom

According to a report by Jefferies, Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang could surpass Elon Musk as the world’s wealthiest individuals by 2024 due to the ongoing AI boom. The report suggests that the AI revolution could significantly boost the valuations of Meta and Nvidia, leading to substantial increases in Zuckerberg’s and Huang’s net worth. Jefferies predicts that Meta’s market capitalization could reach $2 trillion by 2024, while Nvidia’s could hit $1 trillion. If these projections hold true, Zuckerberg’s net worth could soar to $321 billion, and Huang’s could reach $201 billion, surpassing Musk’s current net worth of around $180 billion. The report highlights the immense potential of AI and its impact on the tech industry, with companies like Meta and Nvidia poised to benefit greatly from the AI revolution.

Source: https://www.businessinsider.com/meta-zuckerberg-wealth-nvidia-huang-tech-stock-ai-wealth-billionaires-2024-9