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Monday, February 3, 2014

Zuckerberg Has Already Made $3.4 Billion This Year



On January 31st, the DOW dropped 150 points, marking the worst January in years. It would seem, from a financial standpoint, that 2014 has had a rocky start. That is, unless you're a social networking wunderkind who traded his Harvard diploma for a Silicon Valley startup. Mark Zuckerberg, the man who invented complicated relationships, started off this year with a bang. In 2014 alone (keep in mind, we are one month and three days in), Zuckerberg has increased his wealth by $3.4 billion. In. 2014. Alone.

Bloomberg reports. 
He’s gained $3.4 billion since the start of the year—nearly all of it materializing on Jan. 30, when Facebook reported its quarterly earnings, which showed more than half of revenue coming from mobile devices for the first time.
This is, of course, merely a small addition to his now $28 billion fortune, making him the 22nd richest person in the world. And he's only 29.

On the other side of the Valley, Google's Sergey Brin and Larry Page have only managed to net a profit of $1.4 billion each. My heart goes out to them.

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