Business Insider USMark Zuckerberg's net worth is up $11.6 billion this year so far thanks to gains in Meta shares.Meta shares were boosted by the company's announcement that it will continue to cut costs this year.Mark Zuckerberg's cost-cutting measures for Meta have borne fruits for investors — and himself — as the company's share price surged 20% after hours on Wednesday.
The after-hours bump adds to Meta stock's winning streak, taking its gains to over 50% this year. This has in turn boosted Zuckerberg's net worth by $11.6 billion this year — taking his fortune to $57.2 billion, according to theThe rise in Zuckerberg's fortune is impressive because it put him in the fifth spot in terms of year-to-date gains behind fellow billionaires
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