Homepage / Technology / Mark Zuckerberg added almost $3 billion a month to his net worth this summer
test Due Diligence Blog Digital Data Rooms for the Netherlands Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review Why Companies Use a Data Room Review to Facilitate M&A Transactions The Best File Sharing Services How Online VDRs Are Used in M&A Deals Best Virtual Data Room How to Choose a Best Board Room Provider Choosing a Data Room for Due Diligence What Is a Data Room Business Software? Best Data Room Providers Review Data Room Providers Review Mostbet Tr Resmî Web Sitesinde Giriş Ve Kayıt Olm Kumar Oynamak Için En Iyi Yerdir The Benefits of Cloud Data Services for Enterprises Online Data Room and SSL How to Build a Diverse Board of Directors Best Virtual Data Review A Data Room Service Review How Runn Makes Project Data Accessible, Accurate and Shareable Five Pillars of Information Protection The Importance of Online Business Reports Benefits of Colocation Services Virtual Data Rooms Guide Choosing a Business Virtual Data Room Choosing the Right VDR Service Review How to Conduct a Virtual Data Room Review Glory Online Casino Türkiye En Iyi Oyunları Ve Bahisleri Olan Kumarhane

Technology

Mark Zuckerberg added almost $3 billion a month to his net worth this summer

The stock market was kind to Mark Zuckerberg this summer.

So was life in general.

Facebook shares jumped 14 percent in the past three months, as of Thursday’s close, the best performance among the five most valuable U.S. technology companies. Apple and Microsoft each rose about 7 percent, While Amazon and Alphabet dropped.

As Labor Day weekend arrives and the kids return to school, Zuckerberg finds himself the world’s fifth-richest person, just behind Warren Buffett and ahead of Carlos Slim. Facebook’s summertime rally added over $8 billion to the founder’s fortune, which now sits at $71.7 billion, according to the Forbes billionaires list.

At 33, Zuckerberg is 54 years younger than Buffett, who amassed his fortune through many decades of value-based investing. Zuckerberg earned his wealth by creating an online business that’s grown rapidly around the globe and now has 2 billion users.

The Harvard University dropout started the vacation season by returning to his alma mater to deliver the commencement address at graduation and collect an honorary degree.

In his speech (reprinted here in full), Zuckerberg urged graduates to help build a world where everyone has a sense of purpose. He also added his name to the list of tech executives calling for a universal basic income.

Zuckerberg’s charitable organization — the Chan-Zuckerberg Initiative — has grown thanks to his regular stock sales. The entity, which he started with his wife, Priscilla Chan, has close to 200 employees, including a group of scientists hoping to identify every human cell.

As if that’s not enough, Zuckerberg and Chan welcomed their second daughter last month. The birth of baby August prompted Zuckerberg to plan a two-month leave from his job, the first month right away with the second in December. Facebook allows for four months of maternity or paternity leave.

“Studies show that when working parents take time to be with their newborns, it’s good for the entire family,” Zuckerberg wrote in a Facebook post. “And I’m pretty sure the office will still be standing when I get back.”

Not that Facebook has been able to avoid controversy during this charmed period.

The company has been dealing with the continued fallout of the fake news scandal that gained traction after the presidential election in November. Facebook has been taking steps to remove fake stories through a beefed up editorial group. This week, it said pages that show such stories can no longer advertise on the site.

In January, shortly after the election, Zuckerberg said he planned to travel to about 30 states this year to see how people are “living, working and thinking about the future.” In his travels, he shook hands with people in Iowa and visited a former gold mine a mile under South Dakota. A video of that visit amassed more than 1 million views on Facebook.

He’s now wealthier than anyone in tech except for Bill Gates and Jeff Bezos. Zuckerberg fashioned this life for himself by focusing on one thing for more than a decade: building an internet business.

But in a letter he and Chan wrote announcing the arrival of their daughter, Zuckerberg showed his softer side.

“The world can be a serious place,” the couple wrote. “Make time to go outside and play.”

As Labor Day Weekend arrives, it sounds like advice worth taking.

Source: Tech CNBC
Mark Zuckerberg added almost billion a month to his net worth this summer

Comments are closed.