Mark Zuckerberg is among the top gainers in wealth this year as Meta shares surge on the company's cost-cutting spree
Gains in Meta's share prices are boosting Mark Zuckerberg's net worth this year so far.Mark 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.
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Meta’s Mark Zuckerberg Says 2023 Is “Year of Efficiency” As Revenue, Income DeclinesDaily active users on Facebook hit 2 billion during December, and the company saw its shares rise in after-hours trading after it posted earnings results.
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Meta CEO Zuckerberg steadfast on metaverse plans despite $13.7B setbackLosses in Meta’s metaverse building division, Reality Labs, have racked up to nearly $14 billion marking the business's largest ever yearly loss since its founding over two years ago.
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