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Zuckerberg’s Wealth Soars $3.8
Billion as Facebook Surges

Bloomberg News, by David De Jong

Original Article

Posted By:toledo, 7/26/2013 1:12:17 PM

Mark Zuckerberg’s fortune soared $3.8 billion yesterday as shares of Facebook Inc. (FB), the world’s most-popular social-networking service, rallied 30 percent to the highest level since May 2012. Surging demand for mobile advertising helped profit and revenue top analysts’ estimates in the second quarter Wednesday. The earnings may quell concerns, voiced by analysts and investors since Facebook’s initial public offering last year, that the rising popularity of smartphones and tablets is outpacing its ability to make money selling promotions to mobile users.

      


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Reply 1 - Posted by: Democracy First, 7/26/2013 3:34:47 PM     (No. 9444055)

Where are all the Marxists demanding that he surrender ths evil money in order to redistribute wealth??? ( crickets...). Oh, wait.... Zuckerberg is a demonRat. It is OK for demonRats to be wealthy. Only rich REPUBLICANS are eeeevil.

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Reply 2 - Posted by: Safari Man, 7/26/2013 4:49:07 PM     (No. 9444153)

Bear in mind that in order for him to have this (unrealized) gain, he had to have a much larger (unrealized) loss.


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Reply 3 - Posted by: cgood, 7/26/2013 4:58:48 PM     (No. 9444163)

Facebook´s popularity is in decline so this makes no sense... except as another conspiracy. Perhaps Zuckerberg is being rewarded for his assistance, or his silence.

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Posted By: toledo- 3/31/2014 7:22:40 AM     Post Reply
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