It’s official: Mark Zuckerberg is now the second richest person in the world. After the decline that Meta went through in 2022 due to the decrease in users and the lack of support for virtual reality, as the company wasted 40,000 million euros in a sector that doesn’t interest many people, Meta saw the value of its shares fall by 24%. As a result, it experienced the second largest drop in its history thanks to the loss of 200,000 million euros in market value. However, to the fortune of both Zuckerberg and his investors, the shares have increased and are now at historical highs.
As indicated by the portal TechSpot in a recent publication, Meta’s shares have grown from the 80 euros they cost in November 2022 to just over 550 euros currently. In this way, Mark Zuckerberg’s wealth has grown 78,000 million in 2023, which is why he has managed to surpass Jeff Bezos by almost 1,000 million euros, but still lags behind Elon Musk and his fortune valued at more than 240,000 million euros.
Meta protagoniza la cara y la cruz
A few months ago, Meta laid off 21,000 employees as part of a cost optimization process, a factor that helped increase the value of the shares. In addition, Meta also reported sales above expectations in 2023, a situation that boosted investor confidence. And, at the same time, Zuckerberg’s company is expanding in the field of generative artificial intelligence, developing both language models and chatbots that attract investor interest.
In terms of the company’s current affairs, just a few days ago they presented the future of virtual reality through compact glasses weighing less than 100 grams. In fact, this device was presented during Meta Connect 2024, an event focused on artificial intelligence and the company’s future in this branch. And, if they live up to the popularity they have generated, as they have attracted the interest of figures like Jensen Huang (CEO of NVIDIA), they will bring more joy to Mark Zuckerberg and his investors.
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