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Zuckerberg, Bezos And Three Other Billionaires Gain $13 Billion Combined




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Mark Zuckerberg in & # 39; Tech For Good & # 39; in the Elysee Palace

Mark Zuckerberg is now the fifth richest person in the world.

NurPhoto through Getty Images

Mark Zuckerberg has had many difficult days in the last year, but last week was good for him. The net worth of the CEO of Facebook jumped $ 5.5 billion in the week through Thursday, April 25, mainly due to the joy of investors for the $ 2.4 billion in first-quarter earnings reported by the social media firm on Wednesday. . & nbsp;

The 34-year-old is worth $ 71.3 billion, $ 20 billion more than in early 2019. He is now the fifth richest person in the world, compared to number 8 in March, when Forbes He published the annual list of billionaires of the world. The positive quarterly earnings report overshadowed the news that Facebook is reserving up to $ 5 billion to pay a fine to the Federal Trade Commission for privacy concerns.

Zuckerberg's profit was by far the largest of the week, but he's in good company. Zuckerberg's fortune and four other technology billionaires, including Jeff Bezos of Amazon, increased by $ 13 billion in seven days.

One day after Facebook published its first quarter earnings report, Amazon announced a quarterly profit of $ 3.6 billion, a record high for the e-commerce giant. Amazon's stock price rose 2.2% in the week through Thursday, which caused Bezos' net worth to increase by $ 3.2 billion. The 55-year-old CEO, who owns a 16% stake in Amazon, now has a value of $ 157.8 billion.

Bezos announced earlier this month that it will transfer approximately 4% of the company's shares to his wife, MacKenzie, as part of its divorce agreement, which is expected to be completed by the beginning of July. Jeff Bezos would still be the richest person in the world, while MacKenzie will become the third richest woman.

US day california

Steve Ballmer retired from Microsoft in 2014, but remains its largest individual shareholder.

2016 Getty Images

The net worth of Steve Ballmer, former CEO of Microsoft, increased $ 1.7 billion in the week through Thursday, as the stock price of the software giant increased by 4.7%. Microsoft broke profit estimates with a quarterly revenue of $ 30.6 billion, driven by its commercial cloud business, which has grown 41% year-over-year. Ballmer, Microsoft's largest individual shareholder, now has a value of $ 48.3 billion. The co-founder and former CEO, Bill Gates, only owns a little more than 1% of the shares, since he sold or gave away most of his stake in Microsoft, but the rally of the shares raised his net worth by $ 600 millions.

Michael Dell, president and CEO of Dell Technologies, now has a value of $ 40 billion after earning $ 1.4 billion in a week due to an increase in shares of 6.6%. Last December, the computer maker returned to the public market six years after Dell took over the company privately. The market capitalization of Dell Technologies was $ 46.7 billion at the end of Thursday, above its $ 34 billion listing. Dell's equity has almost doubled in the last 12 months.

Larry Page, the co-founder of Google and CEO of its parent company Alphabet, was enriched with $ 1.1 billion, with an estimated fortune of $ 57.6 billion. Shares of Alphabet, which will report its first quarter earnings after Monday's close, have risen 2.2% since last Thursday. It has been a busy week for the "Other bets" of Alphabet. Wing, which became an independent Alphabet business last summer, recently received approval from the Federal Aviation Administration to deliver products by drone. Wing plans to begin deliveries of drones in Blacksburg, Virginia, later this year. Loon, who uses high-altitude balloons to provide internet access in remote areas, raised $ 125 million from a SoftBank affiliate on Thursday.

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Mark Zuckerberg in & # 39; Tech For Good & # 39; in the Elysee Palace

Mark Zuckerberg is now the fifth richest person in the world.

NurPhoto through Getty Images

Mark Zuckerberg has had many difficult days in the last year, but last week was good for him. The net worth of the CEO of Facebook jumped $ 5.5 billion in the week through Thursday, April 25, mainly due to the joy of investors for the $ 2.4 billion in first-quarter earnings reported by the social media firm on Wednesday. .

The 34-year-old is worth $ 71.3 billion, $ 20 billion more than in early 2019. He is now the fifth richest person in the world, compared to number 8 in March, when Forbes He published the annual list of billionaires of the world. The positive quarterly earnings report overshadowed the news that Facebook is reserving up to $ 5 billion to pay a fine to the Federal Trade Commission for privacy concerns.

Zuckerberg's profit was by far the largest of the week, but he's in good company. Zuckerberg's fortune and four other technology billionaires, including Jeff Bezos of Amazon, increased by $ 13 billion in seven days.

One day after Facebook published its first quarter earnings report, Amazon announced a quarterly profit of $ 3.6 billion, a record high for the e-commerce giant. Amazon's stock price rose 2.2% in the week through Thursday, which caused Bezos' net worth to increase by $ 3.2 billion. The 55-year-old CEO, who owns a 16% stake in Amazon, now has a value of $ 157.8 billion.

Bezos announced earlier this month that he will transfer approximately 4% of the company's shares to his wife, MacKenzie, as part of their divorce agreement, which is expected to be completed by the beginning of July. Jeff Bezos would still be the richest person in the world, while MacKenzie will become the third richest woman.

US day california

Steve Ballmer retired from Microsoft in 2014, but remains its largest individual shareholder.

2016 Getty Images

The net worth of Steve Ballmer, former CEO of Microsoft, increased $ 1.7 billion in the week through Thursday, as the stock price of the software giant increased by 4.7%. Microsoft broke profit estimates with a quarterly revenue of $ 30.6 billion, driven by its commercial cloud business, which has grown 41% year-over-year. Ballmer, Microsoft's largest individual shareholder, now has a value of $ 48.3 billion. The co-founder and former CEO, Bill Gates, only owns a little more than 1% of the shares, since he sold or gave away most of his stake in Microsoft, but the rally of the shares raised his net worth by $ 600 millions.

Michael Dell, president and CEO of Dell Technologies, now has a value of $ 40 billion after earning $ 1.4 billion in a week due to an increase in shares of 6.6%. Last December, the computer maker returned to the public market six years after Dell took over the company privately. The market capitalization of Dell Technologies was $ 46.7 billion at the end of Thursday, above its $ 34 billion listing. Dell's equity has almost doubled in the last 12 months.

Larry Page, the co-founder of Google and CEO of its parent company Alphabet, was enriched with 1,100 million dollars, with an estimated fortune of 57,600 million dollars. Shares of Alphabet, which will report its first quarter earnings after Monday's close, have risen 2.2% since last Thursday. It has been a busy week for the "Other bets" of Alphabet. Wing, which became an independent Alphabet business last summer, recently received approval from the Federal Aviation Administration to deliver products by drone. Wing plans to begin deliveries of drones in Blacksburg, Virginia, later this year. Loon, who uses high-altitude balloons to provide internet access in remote areas, raised $ 125 million from a SoftBank affiliate on Thursday.


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