26.5 C
Pakistan
Saturday, May 18, 2024

Zuckerberg’s wealth increased by 44 billion dollars, the largest increase among the world’s billionaires

Pak Sahafat – The wealth of Mark Zuckerberg, the CEO of Meta Company, grew by about 44 billion dollars this year, which is the highest growth in the “Bloomberg Billionaires Index”.

According to Pak Sahafat News Agency, Bloomberg wrote that Zuckerberg devoted all his attention to Metaverse last year and was willing to spend everything he has to dominate the world of virtual reality.

This matter took a lot of time and money from him. At one point, his wealth decreased by more than one hundred billion dollars.

This year, he has focused a lot on the real world, and in addition to cutting costs, he is working on a platform to compete with Elon Musk’s Twitter.

It seems that his plans have paid off, as his fortune has grown by around $44 billion this year. This is the largest growth observed in the Bloomberg Billionaires Index.

Read more:

All in a day : Zuckerberg loses $29b, Bezos set to pocket $20b

Although the value of Meta Juma’s stock decreased on the New York Stock Exchange, the change in his attitude has caused the company’s stock to record the second best performance in the S&P 500 index.

Meta’s stock has increased by more than 100% and his wealth has reached 89.9 billion dollars.

Meta-affiliated social network Instagram plans to launch a platform to compete with Twitter next month, Bloomberg reported Friday.

In a note about the new platform, Bloomberg analysts Mandeep Singh and Damien Reimerts said: “Meta can attract Twitter users.” This platform can even be a threat to Twitter.

Loop Capital Markets analysts Rob Sanderson and Alan Gould said in a note that Meta’s earnings outlook is bright and the company’s share price could reach $320.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles