Mark Zuckerberg made over $6bn this week
Words: Alex Woodhall
Facebook CEO, 31-year-old Mark Zuckerberg became the world’s sixth richest person on Wednesday, surpassing Oracle’s Larry Ellison, as his wealth soared nearly $5bn in just 24-hours.
According to Forbes, Zuckerberg’s net worth increased by $4.85 billion to $46.25 billion, as Facebook stock climbed 12% after the markets closed, a response to the social network’s strong quarterly earnings report. In the days since, Zuckerberg’s personal fortune has continued to ascend, his real time net worth is currently sat at $47.6bn, $6,2bn more he was worth when he woke up on Wednesday. A feat even more impressive considering the man only returned to work this week and has been on maternity leave since his daughter Max was born in November.
That impressive earnings call that sent Facebook stock to the stratosphere – along with Zuckerberg’s bank account – revealed that the ubiquitous social network had made profits of more than $1bn in the the three-month period ending December 31. In total, the company’s revenue had increased to $17.9bn, a year-on-year increase of 44%, whilst monthly active users also jumped 14% on 2014 to 1.59 billion users.
Having just crossed the threshold into his thirties, Zuckerberg is the youngest on the Forbes top 10 rich list by some distance – although last month he pledged to donate 99% of his Facebook shares to charitable causes over the course of his lifetime.
(Main & featured image: Forbes)
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