Zuckerberg’s Fortune Passes Kochs
According to Bloomberg, Mark Zuckerberg just became the sixth-richest person on Earth. Priscilla did not do half bad. As a matter of fact she did great in choosing a great husband and provider to her, Max and any more children they have.
The Facebook Inc. founder saw his fortune rise $6 billion in trading Thursday after the world’s biggest social network delivered another quarter of record revenue. That gives the 31-year-old a net worth of $47.5 billion, enough to surpass the $45.9 billion holdings of brothers Charles and David Koch, according to the Bloomberg Billionaires Index.
Facebook reported on Wednesday that fourth-quarter sales were up 52 percent to $5.84 billion and net income had more than doubled to $1.56 billion from a year earlier. More than 1.59 billion users are now logging on every month, according to the company. Thursday’s surge turned a year-to-date decline of more than $4 billion for Zuckerberg into a $1.7 billion gain for the year and pushed him above the Kochs, whose industrial holdings have been hit by lower oil prices.
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