Meta Chief Executive Officer (CEO) Mark Zuckerberg has managed to earn the highest wealth in the world so far during 2023.
One from Bloomberg Reports It was reported that Mark Zuckerberg committed to the development of the Metaverse in 2022 had lost a lot of money.
In fact, at one point, his wealth dropped by more than $100 billion and he dropped out of the top 10 richest people in the world.
But in 2023, Mark Zuckerberg took steps to reduce the costs of the meta platform while focusing on the real world.
These initiatives have proven to be good for the company so far and Mark Zuckerberg’s wealth has increased by $44 billion this year.
Mark Zuckerberg is currently the 12th richest person in the world with a net worth of $89.9 billion.
Mark Zuckerberg owns 12.8 percent of Meta’s shares and his wealth also depends on it.
Along with Mark Zuckerberg, Meta’s market value has also increased significantly during this year.
Meta’s market value has reached 245.6 billion dollars.
During the January-March 2023 quarter, Meta posted a profit of $5.7 billion, up 22.7 percent from the last quarter of 2022.
Remember that Meta had laid off thousands of people to cut costs.