Meta CEO Mark Zuckerberg is now richer, thanks to his Facebook earnings. The billionaire generated around $11 billion in just one day after FB's shares increased by around 17%.
TOPSHOT - Facebook's CEO Mark Zuckerberg leaves after the "Tech for Good" Summit at the Elysee Palace in Paris, on May 23, 2018. (Photo by Ludovic MARIN / AFP)
"We made progress this quarter across a number of key company priorities," said Zuckerberg.
The tech CEO added that they are still confident that their product roadmap will allow their businesses to grow. Aside from this, Mark also shared that they are still hoping to have long-term opportunities.
Meta CEO Mark Zuckerberg Becomes Richer!
According to Independent UK's latest report, Mark Zuckerberg amassed billions of dollars on Thursday, Apr. 28. His massive revenues arrived after Facebook users increased.
TOPSHOT - Facebook founder Mark Zuckerberg speaks at Georgetown University in a 'Conversation on Free Expression" in Washington, DC on October 17, 2019. (Photo by ANDREW CABALLERO-REYNOLDS / AFP)
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Thanks to this achievement, he is now the 12th richest man in the world. This means that he was able to surpass other billionaires, such as Carlos Slim, as well as Alice Walton, and other rich people.
Of course, Elon Musk remains the wealthiest individual. Meta's Facebook stocks are still increasing in value, experiencing a 39% surge.
This is because 3.64 billion users use Meta's social media platforms and apps every month, such as Oculus, WhatsApp, Facebook, Instagram, and Messenger.
The latest revenue increase that Zuckerberg achieved is a massive improvement, given that Meta lost around $49.6 billion in 2021.
How Rich is Mark Zuckerberg?
Aside from knowing his total net worth, Business Insider provided some details that show how rich Mark Zuckerberg really is. Here are some of them:
- Mark Zuckerberg can earn around $2.2 million in less than two hours. This is equal to the common revenue that a bachelor's graduate can earn in their lifetime.
- His average household spending is around $850,000.
- If you distribute his revenues, the CEO can give every living person in the world $100 each. This astounding is that he will still retain half of his net worth.
If you want to see more details about how rich Zuckerberg is, you can visit this link.
Meanwhile, Meta employees are now allowed to go to work even without COVID-19 boosters.
On the other hand, the so-called Meta Zucker-Vision is expected to replace iPhone.
For more news updates about Mark Zuckerberg and other tech billionaires across the globe, always keep your tabs open here at TechTimes.
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Written by: Griffin Davis
