Home » Business » Zuckerberg can rejoice. He got $ 11 billion a day

Zuckerberg can rejoice. He got $ 11 billion a day

As a result, the billionaire got rich by almost $ 11 billion in a single day. This came after Facebook reported an increase in daily users, a key metric for advertisers, according to Bloomberg.

The daily number of Facebook users reached 1.96 billion, the original estimate of analysts was 1.95 billion. Shares rose 17.6 percent, which is according to the daily ranking Bloomberg Billionaires Index the largest one-day increase in history.

The 37-year-old billionaire moved up six places in the world’s richest people’s index, overtaking Jim and Rob Walton and Alice Walton, for example. Zuckerberg is currently in 12th place.

The positive Thursday news for Zuckerberg is in sharp contrast to Meta’s results for the fourth quarter of last year, due to which at the beginning of february, the stock fell sharply, shrinking the company’s market value by more than $ 200 billion. It was the biggest decline in the history of stock markets.

Meta is currently battling a competition such as TikTok. The meta also announced that it was affected by the war in Ukraine. Facebook and Instagram were blocked in Russia last month.



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