Skip to comments.Facebook's Zuckerberg Gets $3.2B Richer in Single Day
Posted on 01/31/2014 12:28:36 PM PST by rktman
Facebook founder Mark Zuckerberg became $3.2 billion richer on Thursday after the company's stock soared by 14.1 percent to $61.08 a share.
The stock rise was credited to its quarterly results showing that revenues increased by 63 percent to $2.59 billion, beating analysts' estimates of $2.35 billion in projected sales, Bloomberg reports.
(Excerpt) Read more at newsmax.com ...
He should enjoy it while he can. The kids are already moving away from FB onto other social media. By 2015, no one under the age of 20 will be using FB.
He didn’t build that!
These are notional values that cannot be realized. If he started to sell his stock in earnest, it would drop like a stone.
His wealth consists of whatever percentage of FB he owns, and that has not changed.
If he’s smart, he’ll convert it to bitcoin as soon as he can. ;>}
“His wealth consists of whatever percentage of FB he owns, and that has not changed.”
Well, that and the $2.3 billion he cashed out after the IPO.
Made his fortune by making it easier for college kids to get laid.
Good for him. He had a good idea, had the right skills and had the chance like all other Americans to make billions. He is a true American success story.
He sold at least a billion in the beginning, when it was selling sky high, so he really is a billionaire.
Too bad a possible waxman replacement didn’t use fb to get some free condoms. ;>}
What social media sites are they moving to? FB is behind only google in alexa traffic rankings,s o I don’t see exactly what social media sites are overtaking it.
Oh, I don’t begrudge anyone that can make a bundle. Just don’t tout social justice and equality if you don’t pony up. Then again I don’t know what he donates or to..... well I do have an idea but I could be wrong.
Rich today, gone tomorrow.
I guess you didn’t see the Social Network movie?
Zuck: Yeah so if you ever need info about anyone at Harvard
Zuck: Just ask
Zuck: I have over 4,000 emails, pictures, addresses, SNS
[Redacted Friend’s Name]: What? How’d you manage that one?
Zuck: People just submitted it.
Zuck: I don’t know why.
Zuck: They “trust me”
Zuck: Dumb f*cks