Mark Zuckerberg Is Now Worth $3.7 Billion More - Business Insider

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Mark Zuckerberg Is Now Worth $3.7 Billion More - Business Insider Jul 26th 2013, 11:37 Sharon Hwang/Facebook After reporting its second quarter earnings on Wednesday, Facebook's stock is surging and so is Mark Zuckerberg's net worth. It is trading at the highest price since Facebook's IPO in May 2012. The stock opened then at $38 per share; it closed yesterday at $34.36 up from the low 20s. The nearly 30% increase means Mark Zuckerberg, who worth $3.7 billion more today than he was yesterday morning. That brings his total net worth to about $16.1 billion. The sudden faith in Facebook stems from its visible improvement in mobile. During killing other companies quickly. Facebook's revenue also beat Wall Street expectations on Wednesday. The social network reported revenue of $1.81 billion versus the $1.62 billion analysts were expecting. Importantly, Facebook's mobile monthly active users are also rising. Facebook reported mobile MAUs of 819 million, up 51 percent year over year. Source: http://www.businessinsider.com/mark-zuckerberg-is-now-worth-37-billion-more-2013-7

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