Nearly two months after losing his spot among the world's 10 richest rich people, Mark Zuckerberg is clawing his way back.
New York Nearly two months after losing his spot among the world's 10 richest rich people, Mark Zuckerberg is clawing his way back.
Shares of Meta, the parent company of Facebook and Instagram, shot up more than 17% Thursday, making Zuckerberg nearly $11 billion wealthier in a single day. The stock had been up as much as 19% earlier in the day, briefly boosting Zuckerberg's fortune by $11.5 billion. Even though Meta missed Wall Street revenue forecasts for the first quarter and posted its slowest revenue growth in years, investors were celebrating its turnaround on user numbers — a key metric for advertisers.
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