Mark Zuckerberg Now Worth $132 Billion as Facebook Hits $1 Trillion Valuation
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Facebook hit a $1 Trillion valuation yesterday, becoming only the fifth American company to do this
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This has moved the company’s founder Mark Zuckerberg’s net worth to $132 billion, with an increase of $5.2 billion
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In total, Zuckerberg has seen his net worth increase by $28.7 billion in 2021 and he is the fifth richest person in the world
Mark Zuckerberg’s net worth added significant gains after this company Facebook hit a $1 Trillion valuation on Monday.
The world’s biggest social media company, Facebook Inc. passed $1 trillion in market valuation after stock prices reached $355.64, a yearly gain of 61.2%.
Facebook is only the fifth American company to do this after, Apple, Microsoft, Amazon, and Alphabet.
Investors kept buying into the stocks following news that antitrust complaints against the company got dismissed.
Following this positive news for Facebook, Mark Zuckerberg’s net worth increased by $5.2 billion.
Zuckerberg is now worth $132 billion, taking him closer to Microsoft founder Bill Gates who is the 4th richest man in the world, with a net worth of $146 billion.
Read also: Elon Musk Earns $8 Billion in a Day As His Net Worth Moves to $180 Billion
Zuckerberg reportedly holds about 2.48% ($3.28 billion) of his net worth in cash.
In total, the Facebook CEO has amassed $28.7 billion in 2021, although he had pledged to give away 99% of his fortune in his lifetime.