Meta CEO Mark Zuckerberg is now the world's 12 wealthiest person as his net worth soared to $88 billion after earning a whopping $667 million in 24 hours. Meta's stock soared by 14% on Thursday, April 27, 2023, after reporting $28.6 billion in the first quarter of 2023.
Zuckerberg's wealth increases by $10 billion Because the Facebook founder's wealth increased by $10 billion to top $88 billion, the highest in 12 months, he is now the 12th richest man on earth, Bloomberg Billionaires Index says.
Zuckerberg's fortunes come from his 13% stake in Meta, the parent company of Facebook, Instagram, and WhatsApp. Forbes reports that Zuckerberg's wealth is $85 billion.
The loss saw him slide down to the 20th wealthiest man in the world on Bloomberg's list in September last year. An industry-wide slump and his heavy investment in the metaverse also badgered Zuckerberg's wealth last year, which left him with $35 billion in net worth in November 2022.
Dangote wealth surges Meanwhile, Nigeria's Aliko Dangote saw his net worth hit $20.5 billion on Friday, April 28, 2023. Africa's richest man made $84. 6 million in 24 hours to wipe off the previous day's loss, which saw him lose close to $1
Dangote's wealth comes from his 85% stake in Dangote Cement, Africa's biggest cement manufacturer. Dangote, however, dropped from one place down the billionaire index from the 81st position he occupied last week, behind Indonesia's Michael Hartono.
Tags:
News