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Zuckerberg’s Metaverse gamble pays off with $201 billion fortune

Money ControlMoney Control · 29d
Zuckerberg’s Metaverse gamble pays off with $201 billion fortune

Mark Zuckerberg's net worth has surpassed $200 billion for the first time, driven by the success of Meta Platforms Inc.'s share price. His net worth has increased almost six-fold in less than two years, making him the fourth richest person in the world. The shift from Facebook to Meta, along with investments in the metaverse and augmented reality glasses like Orion, has contributed to Meta's growth and improved stock performance. Meta has also made strategic moves such as cutting its workforce, investing in artificial intelligence, and introducing a share buyback program and quarterly dividend. Zuckerberg's public image has also evolved, with changes in personal interests and a desire to stay out of politics.

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