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Mukesh Ambani was left in the dust by Mark Zuckerberg
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Mukesh Ambani was left in the dust by Mark Zuckerberg: Meta CEO’s net worth increased by 81.77 thousand crores in one day, propelling him to the 12th position in the Bloomberg index
On Thursday, April 27, CEO of Meta Mark Zuckerberg‘s net worth increased by more than $ 10 billion, or roughly 81.77 thousand crore rupees. With this increase, Zuckerberg’s total net worth rose from $ 77.1 billion, or approximately Rs 6.30 lakh crore, to $ 87.3 billion, or approximately Rs 7.13 lakh crore.
In fact, Facebook’s first quarter (January to March) had excellent results, which led to a surge in the price of Meta. Zuckerberg’s net worth has been impacted by this boom. The price of Meta’s stock rose by 13.93% to close at $238.56.
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Zuckerberg passed Mukesh Ambani to take the 12th spot.
Mark Zuckerberg has surpassed Mukesh Ambani to take the 12th spot in the Bloomberg Billionaires Index as a result of the increase in Meta’s stock price. Zuckerberg was ranked 13 earlier. Mukesh Ambani, the chairman of Reliance Industries, has moved up to position 13 with a net worth of $82.4 billion (roughly Rs. 6.73 lakh crore).
More ads are displayed as the number of active users rises.
According to Meta’s results released on Wednesday, the company received more advertisements as a result of the rise in Facebook and Instagram user activity. As a result, Meta’s revenue for the quarter increased to $28.6 billion. Compared to last year, this is up 3%. Reels have reportedly extended Instagram users’ sessions by 24%, according to Meta.
Zuckerberg’s net worth had grown to $11.6 billion.
Mark Zuckerberg’s net worth once approached $142 billion, or approximately Rs 11.6 lakh crore. He then announced his entrance into the Metaverse. The company’s name was changed from Facebook to Meta Platforms. His net worth dropped to $ 71 billion (approximately Rs 5.8 lakh crore) as a result of this decision.
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