Meta's Zuckerberg sees $28 billion windfall after shares rocket
Publishing timestamp: 2024-02-02 16:38:29
Summary
Mark Zuckerberg's net worth has reached $165 billion after Meta reported a strong quarter with a beat on top and bottom lines. This makes him wealthier than Microsoft co-founder Bill Gates. Meta's profit tripled compared to the previous year, and the company also announced a 50 cent quarterly dividend. Zuckerberg's net worth is closely tied to the performance of Meta stock, and the recent surge in stock price has resulted in a significant increase in his wealth.
Sentiment: POSITIVE
Tickers: META,
Keywords: advertising, bill gates, breaking news: technology, mark zuckerberg, social media, breaking news, technology, business news, dividends, meta platforms inc,