Key Points
It seems Meta CEO Mark Zuckerberg is now even richer as the net worth of the executive has increased by a massive margin..
His net worth has reportedly increased by $10.2 billion, which pulls him up to the 12th position in the Bloomberg Billionaires Index..
The tech giant earned a net profit of $5.7 billion in the quarter ending March, which is 22.7 percent higher than what the company gained in the four quarters of 2022...
A report from Bloomberg reveals that this hike has helped him reach the highest net worth ever in over a year, making up for the loss that he incurred back in 2022 when his net worth dropped to $71 billion..
Last year, Zuckerberg lost about $29 billion of his net worth because Metas stock fell by 26 percent, which reduced $200 billion from the social media companys market capitalisation...
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