Mark Zuckerberg’s Wealth Increased as per Bloomberg Billionaires Index: Meta’s CEO Mark Zuckerberg’s wealth increased by more than $ 10 billion on Thursday. Facebook’s impressive quarterly results and the subsequent boom in Meta’s shares saw a huge jump in Zuckerberg’s wealth. Shares of Meta Platforms Inc. closed up about 14%, which affected Mark Zuckerberg’s wealth.
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With this, Zuckerberg’s wealth increased from $ 77.1 billion to $ 87.3 billion. This is the third biggest jump in his wealth in a day.
beat Mukesh Ambani
Zuckerberg climbed one spot to No. 12 on the Bloomberg Billionaires Index after Meta shares soared 14 percent after the company reported earnings. Zuckerberg has pushed Mukesh Ambani, chairman of Reliance Industries, down a notch. Mukesh Ambani has now reached number 13 with $ 82.4 billion. There are currently 8 Americans in the top 10 list including Elon Musk, Jeff Bezos and Bill Gates.
Significantly, the increase in the assets of Meta’s CEO has been included in the maximum 3 changes. The biggest one-day increase in Mark Zuckerberg’s wealth was recorded on February 2 at $ 12.5 billion and an increase of $ 11 billion was recorded about a year ago.
It is noteworthy that at one time his wealth had reached a peak of $ 142 billion and the price of Facebook shares had reached $ 382. After this he had landed in the world of Metaverse. He started Meta and changed the name of the company from Facebook to Meta Platforms. This move proved fatal for him and his wealth had dropped to $71 billion.
Mark Zuckerberg used Thursday’s results to push for investment in areas such as artificial intelligence (AI) and virtual reality. Meta has also focused on reducing costs through downsizing and layoffs this year, which Zuckerberg has called the ‘Year of Efficiency’.