Dec 4, 2012 – Facebook Owner Mark Zuckerberg’s 2012 Net Worth Hits $14.1 Billion; Made $3.5 Billion In November
Facebook, one of the rapidly growing social network site in the world is currently experiencing global profit increase due to increased stock price from $21.08 per share to $28 on the 1st trading day in November this year. naijagists.com
Facebook founder Mark Zuckerberg currently owns 504 million shares of the company’s stock. He made approximately $3.48 billion in profit last month.
In May 2012 when the company first went public, Mark Zuckerberg‘s total shares worths around $19.1 billion.
His net worth was reduced to $8.84 billion in late August due to drop in the shares price.
November 2012 is by far the most productive month for the popular social network site due to the following factors;
- Facebook had a strong earnings report in late October an indication that Facebook was making progress in monetizing mobile.
- The second and largest lockup period for stocks held by employees finally expired in the middle of November, which was something investors had been dreading for months and arguably held down the stock price.
As at November 30, 2012, Facebook owner Mark Zuckerberg’s net worth was $14.1 billion.
If the growing profit trend continues, Mark Zuckerberg’s net worth will likely increase this month.
How Old Was Mark Zuckerberg When He Developed Facebook
Mark Zuckerberg invented Facebook in 2004 when he was only 21 years.