Meta has let dozens of employees leave, which is certainly having a significant effect on employee enthusiasm and performance at the company. However, CEO Mark Zuckerberg has one reason for celebration.
The company’s stock increased 14% on Thursday as it revealed first-quarter 2023 sales of $28.6 billion, smashing Wall Street projections.
As a result, Zuckerberg’s net worth increased by $10 billion to reach $87 billion, the greatest level in more than a year. According to the Bloomberg Billionaire Index, he is currently the 12th wealthiest person on the globe. The majority of the Facebook co-founder’s wealth comes from his 13% ownership of Meta. According to Forbes, he is worth roughly $85 billion.
According to Fortune, Zuckerberg even climbed one rank on Bloomberg’s index, passing Asia’s wealthiest person Mukesh Ambani, who Bloomberg estimates to be valued at about $82.5 billion.
The 38-year-old Harvard graduate seems to live a simple life while being one of the wealthiest individuals in the entire globe. However, according to Insider’s Avery Hartmans, Katie Canales, and Lloyd Lee, he will spend on Hawaiian property and Italian sports vehicles.
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