Facebook Boss Mark Zuckerberg Made A Whooping $3.4 Billion In Just ONE Hour

Facebook chief Mark Zuckerberg scored a whopping $3.4 billion (£2.5 billion) in just over an hour on Wednesday after the social network giant posted some rather impressive second-quarter earnings.

Pushing the founder and CEO’s net worth to an estimated new high of $56.7 billion (£42.9 billion), the gains bolster Zuckerberg’s position as the world’s fifth-richest person, behind founder and CEO of Amazon.com, Jeff Bezos, who is estimated to be worth $64 billion.

According to Forbes , Facebook’s stock price rocketed 6.5% in after-hours trading to $131.40 at around 5pm yesterday, after the company announced that revenues and earnings had exceeded analysts’ expectations due to unprecedented gains in mobile ad revenue.

Facebook’s impressive second quarter earnings included a rise in revenue of 59% to $6.44 billion, topping the $6.02 billion that analysts predicted. Profits increased, too, soaring to $2.1 billion, which also exceeded analysts’ estimates.

The post Facebook Boss Mark Zuckerberg Made A Whooping $3.4 Billion In Just ONE Hour appeared first on Expocrew.net.

We appreciate you for reading Expocrew.net, but we think it will be better you like our facebook fanpage and also follow us on twitter below.
Follow @Expocrew

Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music on Expocrew.net by clicking here. You can also advertise your product or brand by clicking here.