Mark Zuckerberg, Jensen Huang and Larry Ellison. These are, to date, the big winners of this year in the stock market world. Between them, they have accumulated more than $210 billion in profits and, if there are no surprises in these two and a half months, they will end 2024 on the podium of major investors.
In 2022, the big winner was Gautam Adani, owner of holding Adani Group. Last year this award went to Elon Musk, and today, Mark Zuckerberg He’s the man of 2024. The boss of Meta, the Facebook, Instagram and WhatsApp group, has been on a roller coaster since 2022, when he hit a slap of more than 100 billion dollars, in one of the most brutal falls in business memory. So much so that he went from a fortune of 142 billion in September 2021 to 37,700 in October 2022.
Zuckerberg has a net worth of $204 billion and has accrued profits of $76.1 billion in 2024 (in February, they stood at $4.55 billion), benefiting from a sharp rise in Meta stocks . The company is up 66% on the stock market so far this year and is approaching 1.5 trillion in market capitalization, being the seventh company with the highest value and doubling it in almost a year.
In addition to his business success, Mark Zuckerberg is also known for his acumen in achieving financial security. In this sense, the owner of Meta highlights the importance of focusing on the continuous learning. He believes it is a lifelong process that extends to personal finances. He also advises live below means. He emphasizes that we should avoid spending more as incomes increase. For him, by keeping expenses under control, you can build a solid financial foundation and have resources to deal with unforeseen circumstances.
It also highlights the importance of diversify sources of income. Relying solely on a single source of income can be risky, as job security is not guaranteed. Finally, I recommend invest for the long term And create an emergency fund.
Jensen Huang is the second big winner of this 2024. With profits of 74.6 billion dollars, this American continues to benefit from the needs offered by Nvidia, the fashion company that is already the second with the largest market capitalization, with a worth $3.4 trillion, and hot on the heels of Apple.
Huang co-founded Nvidia more than 30 years ago, in 1993, but the company’s value didn’t really take off until late 2022, when the launch of ChatGPT sparked the artificial intelligence craze (AI). Nvidia’s stock price has soared more than 600% since then, from less than $15 to $140 today.
For this Taiwanese migrant, the key to success is resilience. “One of my great advantages is that my expectations are low,” he said. It may sound strange, but Huang believes that having low expectations helps build resilience, which he believes is essential for success. “People with very high expectations have very low resilience and, unfortunately, resilience is important for success.” Huang also said that resilience is not just a personal trait, but is part of Nvidia’s culture. He often jokes with his team about “pain and suffering,” saying he wants to build character within the company.
For Huang, the eleventh richest person in the world ($119 billion), according to the Bloomberg Billionaires Index, one aspect that has also marked him throughout all these years of his profession is Carpe Diem. “The most important thing is ‘here and now’. Enjoy it.” Therefore, for Huang, one of his big pieces of advice is to don’t wear a watch. “That’s my advice. Almost every opportunity that came my way, I didn’t take it.”
Ultimately, Jensen Huang believes that every day, in every job, is an opportunity to grow and improve. “Don’t stop learning, learn all the time and do it the best you can,” he concluded.
The podium of the big winners of this 2024 closes it Larry Ellisonfourth largest fortune in the world, with 185 billion dollars. Founder of Oracle, the 19th largest company by market capitalization, with a value of almost $500 billion, Ellison is considered one of the biggest tech millionaires, but often because of the very condition of his company – specializing in cloud infrastructure and business services – doesn’t usually make as much headlines.
2024 will be one of the big years for Ellison, which has already racked up a whopping $62 billion in profits. For him, one of the keys is know how to differentiate yourself from others. “The only way to truly be ahead is to be different.” Ellison thinks like Jobs or Musk, two people betting on something people didn’t believe in. In this sense, and in Ellison’s own words, “when you innovate, you have to be prepared for people to tell you that you are crazy.”
Another piece of advice he gives is that “You have to believe in what you do to get what you want”. Like other successful entrepreneurs, Ellison always believed in himself, and from a young age he was determined to pursue software-related jobs.
