(Image source from: Zuckerberg becomes $6 billion richer in just one day})
Facebook‘s stock soared 13%, making the company’s co-founder and CEO Mark Zuckerberg surpass oil magnates Charles and David Koch. The development makes him, the sixth wealthiest person in the world.
Yesterday, the social networking company reported sales rise of 52% in the fourth quarter, while the net income raised two times, reporting $1.56 billion. Street estimates were bet these earnings, resulting in shares rise.
Zuckerberg's fortune is linked up with his holdings in Facebook. The increase in the Facebook stock price made him $6 billion richer in just one day. Thus, the 31-year-old is now worth $47.5 billion.
According to Bloomberg data, people wealthier than Zuckerberg include:
Microsoft co-founder Bill Gates ($78 billion)
Zara founder Amancio Ortega ($69.7 billion)
The Oracle of Omaha Warren Buffett ($59.4 billion)
Amazon founder & CEO Jeff Bezos ($55.8 billion) and
Telecom magnate Carlos Slim Helu ($47.5 billion).
Notably, these five top world richest people saw their wealth decrease over the past year.
-Sumana
