CELEBRITY
Breaking News: Mark Zuckerberg Now World’s Third-Richest Person—Meta Rally Adds $11 Billion To Fortune.Wow!!
TOPLINE Facebook cofounder and Meta CEO Mark Zuckerberg was rewarded handsomely by Meta stock’s post-earnings rally, getting a $11 billion boost to his massive fortune.
KEY FACTS
Zuckerberg’s net worth jumped from $167 billion to $178 billion on Thursday as Meta’s share price rose by 6%, its second-biggest gain of the last year (most of Zuckerberg’s net worth comes from his 13% stake in Meta).
The bump sent Zuckerberg from the world’s fifth-wealthiest person to its third-richest person, according to Forbes’ real-time billionaires tracker, surpassing Europe’s richest man, LVMH chairman Bernard Arnault ($177 billion), and Oracle chairman Larry Ellison ($172 billion).
Zuckerberg now trails just fellow Americans in Tesla CEO Elon Musk ($237 billion net worth) and Amazon chairman Jeff Bezos ($205 billion) in riches.
SURPRISING FACT
Zuckerberg is more than three times as rich as he was in September 2022, when his fortune fell to below $60 billion as Meta stock flailed, knocking him out of Forbes’ ranking of the 10 richest people for the first time since 2015.
KEY BACKGROUND
His fortune recovered as Meta’s stock did, with shares up nearly 500% from their 2022 bottom, as investors flocked back to the stock as the company recovered from a dreadful four-quarter stretch of double-digit annual profit declines. Meta is the sixth-most valuable company in the world at a $1.3 trillion market capitalization. Bezos, Musk and Zuckerberg all own unusually large individual stakes in massive public companies, with Bezos owning about 9% of Amazon, Musk roughly 12% of Tesla and Zuckerberg about 13% of Meta. Thursday’s rally came after Meta easily topped analyst forecasts for both profits and sales and Zuckerberg calmed fears about runaway expenses tied to artificial intelligence development.
BIG NUMBER
About $691 million. That’s how much Zuckerberg is set to make annually from Meta’s quarterly cash dividend of $0.50 first instituted in March. That’s chump change compared to his 12-figure paper fortune, but it’s nice spending money for the 40-year-old.
What began as a simple charity visit turned into one of the most romantic royal moments in years. As the skies opened and rain poured down, William didn’t rush for cover. Instead, he slipped off his jacket, placed it over Kate’s shoulders, and whispered words that melted hearts: “I’d rather be drenched with you than dry without you” Laughter followed, caught on dozens of phones, and within hours their rain-soaked smiles were being called “the new royal postcard of love”
She Didn’t Deserve This: WWE’s Surprising Decision Leaves Charlotte Flair Fans Reeling
BLACKPINK has suddenly been embroiled in a shocking controversy, accused of bullying and sidelining a fellow entertainer in the industry. Rumors suggest that this action drove an idol into a dead end, forcing them to retire. What has intensified the scandal even further is the gradual emergence of the alleged victim’s identity.
Rihanna’s baby boy’s name has everyone talking! Fans are scrambling to decipher the surprising choice, with theories ranging from a secret tribute to a bold statement. Inspired by some of her most unexpected idols, the name could reveal more about Rihanna than anyone expected. The real story behind her sh0cking decision is blowing up!
Kamala Harris Celebrates 11th Wedding Anniversary with ‘Best Partner’ Douglas Emhoff
“I wish I could take her pain instead” — ASAP Rocky broke down in tears during an interview about the struggles he and Rihanna are facing as they prepare to welcome their third child. Three babies in just five years have left Rihanna battling serious health challenges, yet what keeps her going is her boyfriend’s deep empathy — and the profoundly practical ways he chooses to share her burden.
Diamond The Body said she’s NOT about to be embarrassed on the “Baddies” reunion stage. Sis linked up with undefeated champ Claressa Shields in ATL to sharpen her hands before the reunion drama kicks off. Y’all think the other Baddies gonna test her now⁉️
Nicki Minaj REVEALS What Diddy DID To Meek Mill At Secret Party The hip-hop world is buzzing again — and this time, it’s Nicki Minaj lighting the fuse. In a shocking revelation, the Queen of Rap allegedly exposed details about what really went down between Diddy and Meek Mill at one of Diddy’s infamous “secret parties.” See More…
BREAKING: Rihanna gave birth to her third child in a f@tal birth… A$AP Rocky burst into tears over a choice that haunted his whole life… And then, a long-kept secret was revealed… –
LATEST NEWS: Patrick Mahomes has caused a stir after rumors surfaced that he is dating beautiful Detroit Lions fan Sophia Miller, with leaked seductive photos making fans go crazy. crazy. see more:
The first videos from Bonnie Blue’s filthy nurse stunt are here and they’re grim as ever
