Mark Zuckerberg Is $8 Billion Richer In One Week After Facebook Earnings Surprise Analysts

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Here's why Mark Zuckerberg is $8 billion richer in one week

on Thursday, though the stock closed Friday down slightly for the day. Still, shares ended the week up 3.8%, also boosting the fortune of Bezos’ ex-wife MacKenzie Scott by $2.2 billion to an estimated $61.2 billion.Tuesday with first quarter revenues of $55.3 billion, 34% higher than last year. That figure helped drive a 2.3% rise in Alphabet stock this week, lifting the fortunes of cofounders Larry Page and Sergey Brin by $2.9 billion each. Page is now worth an estimated $102.

Jiang Rensheng was the week’s biggest winner outside of the U.S. Shares of his Chinese vaccine firm Chongqing Zhifei Biological Products rose 16.6% this week, lifting his fortune by $4.4 billion to an estimated $30.9 billion. Zhifei’s three-dose Covid-19 vaccine was approved for emergency use in China in March; Jiang’s net worth has grown by more than 300% since the beginning of the pandemic.The net worth change is from close of markets Friday, April 23 to Friday, April 30.

 

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