Meta CEO's net worth increased by 81.77 thousand crores in 1 day, reached number 12 in the Bloomberg index

Mukesh Ambani left behind by Mark Zuckerberg: Meta CEO's net worth increased by 81.77 thousand crores in 1 day, reached number 12 in the Bloomberg index

Fri, 28 Apr 2023 02:13 PM (IST)
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Meta CEO's net worth increased by 81.77 thousand crores in 1 day, reached number 12 in the Bloomberg index

Meta's CEO Mark Zuckerberg's net worth has increased by more than $ 10 billion i.e. about 81.77 thousand crore rupees on Thursday, 27 April. With this increase, Zuckerberg's total net worth has increased from $ 77.1 billion i.e. around Rs 6.30 lakh crore to $ 87.3 billion i.e. around Rs 7.13 lakh crore.
In fact, Facebook's first quarter (January-March) got great results, after which Meta's stock has seen a boom. The effect of this boom has been seen in Zuckerberg's net worth. Meta's stock closed at $238.56 with a gain of 13.93% on the previous day.
Thanks to the rise in Meta's stock, Mark Zuckerberg has overtaken Mukesh Ambani to the 12th position in the Bloomberg Billionaires Index. Earlier, Zuckerberg was in the 13th position. Reliance Industries Chairman Mukesh Ambani has reached the 13th position with a net worth of $ 82.4 billion (about Rs 6.73 lakh crore).
In the results announced on Wednesday, Meta said that due to the increase in the number of active users on Facebook and Instagram, the company got more ads. This brought Meta's revenue to $28.6 billion in the quarter. This is 3% more than last year. Meta also reported that Reels have increased the time span of people on Instagram by 24%.
At one time Mark Zuckerberg's net worth had reached close to $142 billion i.e. around Rs 11.6 lakh crore. He then announced his descent into the world of the Metaverse. Changed the name of the company from Facebook to Meta Platforms. After this decision, his net worth fell to $ 71 billion (about Rs 5.8 lakh crore).

Muskan Kumawat Journalist & Writer