Zuckerberg's fortune changed in 175 days, recovering from the crisis, earning Rs 2.33 lakh per second - Newztezz Online

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Thursday, April 27, 2023

Zuckerberg's fortune changed in 175 days, recovering from the crisis, earning Rs 2.33 lakh per second

Mark Zuckerberg's net worth has seen an increase of 123 percent during this period. This means that he has added a net worth of Rs 2.33 lakh every second.

The year 2022 may have been very bad for Mark Zuckerberg, the founder of Facebook and one of the richest people in the world, but the last 175 days have been great. Yes, since November 3, the company Meta and they themselves have made a lot of progress. Mark Zuckerberg's net worth has seen an increase of 123 percent during this period. This means that he has added a net worth of Rs 2.33 lakh every second. If we talk about the present time, then the figures of the first quarter of Facebook have been very impressive and the company's stock has seen an increase of 12 percent. Let's first talk about the company's quarterly results and then tell what kind of growth has been seen in Mark's net worth.

Increase in all from earnings to revenue and users

Meta's revenue in the first quarter has been seen at $ 28.65 billion, while the estimate was made at $ 27.65 billion. Apart from this, talking about earnings, the company's shares reached $ 2.20 per share during this period, but the estimate was made at $ 2.03 per share. Daily active users grew to 2.04 billion, which was estimated at 2.01 billion. Monthly active users also remained as expected and reached 2.99 billion. Average revenue per user reached $9.62, which was estimated at $9.30. There has been an increase of 3 percent in the sales of Meta in the first quarter. The company's earnings have decreased by about 24 percent compared to the same period last year. Net income was $ 5.71 billion, which was $ 7.47 billion last year .

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Tremendous rise in the shares of the company

In the year 2022, there was a big decline in the shares of the company. The value of the company's shares was reduced by two-thirds, but before the earnings report, this year saw an increase of 74 percent. On Wednesday, including the post-report bounce, the company's shares rose to more than $234. At present, the company's shares have come up by about 164 percent from the lower level of around $89 in November 2022.

Mark Zuckerberg's net worth increased

On the other hand, a very good recovery has also been seen in Mark Zuckerberg's net worth. In November 2022, Mark Zuckerberg's net worth reached a lower level with $ 34.6 billion and could not even make it to the top 30 in the list of billionaires of the world, but since then his recovery has also been excellent. According to statistics, since November 3, i.e. in 175 days, Mark Zuckerberg's net worth has seen an increase of 123 percent. According to the Bloomberg Billionaires List, Mark's current net worth has reached $77.1 billion and has increased by $42.5 billion i.e. Rs 3.50 lakh crore since November 3. If we talk about the year 2023, then there has been an increase of $ 31.5 billion in his net worth and an increase of $ 31.5 billion has been seen in the current year.

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