Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,935 members, 7,956,514 topics. Date: Monday, 23 September 2024 at 01:10 PM

Mark Zuckerberg Is The Sixth-richest Person On Earth - Science/Technology - Nairaland

Nairaland Forum / Science/Technology / Mark Zuckerberg Is The Sixth-richest Person On Earth (725 Views)

21 Overwhelming Images Showing The Effects Of Humans On Earth / Ten of the greatest threats that could wipe out all life on Earth / Extreme Weather Conditions: 19 Coldest And Hottest Inhabited Places On Earth. (2) (3) (4)

(1) (Reply)

Mark Zuckerberg Is The Sixth-richest Person On Earth by cyndidamsel(f): 3:32pm On Jan 29, 2016
Mark Zuckerberg became the sixth-richest person on Earth today.

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.

More from Bloomberg.com: The $29 Trillion Corporate Debt Hangover That Could Spark a Recession

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.

The five billionaires that remain above the tech entrepreneur in the ranking -- Bill Gates, Amancio Ortega, Warren Buffett, Jeff Bezos and Carlos Slim-- have lost a combined $19 billion so far this month as global equities slump amid dimming investor expectations of global growth. Bezos, last year’s top-performing billionaire, was down $3.9 billion at the close of trading Thursday, and slipped as much as $8 billion more in extended trading after Amazon.com Inc. reported fourth-quarter earnings that missed estimates.

Billionaire Net Worth Change YTD
Bill Gates $78.0 billion -$5.8 billion
Amancio Ortega $69.7 billion -$3.2 billion
Warren Buffett $59.4 billion -$2.9 billion
Jeff Bezos $55.8 billion -$3.9 billion
Carlos Slim $48.6 billion -$3.6 billion
Mark Zuckerberg $47.5 billion +$1.7 billion

Zuckerberg is now one of only seven billionaires among the 100 richest people on Earth to see an increase this year, according to the Bloomberg index, a daily ranking of the world’s 400 richest people. The billionaires have a combined net worth of $3.7 trillion, a 14 percent decline from their peak of $4.3 trillion on May 18, 2015.
source - www.bloomberg.com
Re: Mark Zuckerberg Is The Sixth-richest Person On Earth by gabylzy(m): 3:50pm On Jan 29, 2016
baba pick my call in 2016 oooo

lalatisclala

(1) (Reply)

Free Airtel Data Accumulation New And Hot / Tip To Get 7GB For N700 On Airtel Network / My 3d Drawings

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.