Derek Saul is a New Jersey-based Senior Reporter on Forbes' news team. He graduated in 2021 from Duke University, where he majored in Economics and served as sports editor for The Chronicle, Duke's student newspaper, joining Forbes soon thereafter.
Facebook cofounder and Meta CEO Mark Zuckerberg was rewarded handsomely by Meta stock’s post-earnings rally, getting a $11 billion boost to his massive fortune. Zuckerberg ’s net worth jumped from $167 billion to $178 billion on Thursday as Meta ’s share price rose by 6%, its second-biggest gain of the last year .billionaires tracker, surpassing Europe’s richest man, LVMH chairman Bernard Arnault , and Oracle chairman Larry Ellison .
Zuckerberg now trails just fellow Americans in Tesla CEO Elon Musk and Amazon chairman Jeff Bezos in riches.His fortune recovered as Meta’s stock did, with shares up nearly 500% from their 2022 bottom, as investors flocked back to the stock as the company recovered from a dreadful four-quarter stretch of double-digit annual profit declines. Meta is the sixth-most valuable company in the world at a $1.3 trillion market capitalization.
Mark Zuckerberg Meta $META Meta Stock Facebook Facebook Stock
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas Wins: Attorney General Ken Paxton Reaches $1.4 Billion Settlement with Mark Zuckerberg’s MetaSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Mark Zuckerberg takes a shot at Apple’s closed ecosystemMark Zuckerberg is taking his fight for the future of the metaverse public after warning employees that Meta would be fighting Apple when it came to virtual worlds.
Read more »
The Morning After: Mark Zuckerberg is surprisingly angry about closed platformsMat Smith heads up Engadget’s daily newsletter from London, UK. He has worked at Engadget for over a decade and has covered console gaming, flagship smartphones, the Apple Watch and fitness tech that promises to make him faster or stronger. He’s currently learning how to backflip.
Read more »
Mark Zuckerberg says ‘f*ck that’ to closed platformsKarissa is a senior reporter at Engadget, covering Meta, Twitter, TikTok, Snap and all things social media. Her interests include tech policy, internet culture, and all the ways our online activities shape our IRL selves.
Read more »
Elon Musk’s Wild Week Calling Daughter Dead, Losing Profits and Offering to Fight Mark ZuckerbergIn three head-snapping days Musk called his daughter “dead,” offered to fight Mark Zuckerberg, and lost $16bn of his own cash as Tesla profits plunged.
Read more »
Mark Zuckerberg says it’s ‘time to move on’ from the Elon Musk fightMeta CEO Mark Zuckerberg says X owner Elon Musk isn’t serious enough about MMA or their potential cage match, and thinks everyone should move on from the fight.
Read more »