While Meta is contemplating layoffs, Mark Zuckerberg’s wealth increased by a record amount in one day. According to an English media report, Facebook owner’s assets increased by 12.5 billion dollars on Thursday alone which is the highest ever increase in a day.
Zuckerberg has witnessed many ups and downs in 2022. Last year in February, he lost 31 billion dollars in one day. He earned 11 billion dollars again in April. But fall again in October. In one day the income decreased by 11 billion dollars.
But the wheel of fortune turned positively at the beginning of the year. The growth rate of his wealth is quite astonishing. According to the Bloomberg Billionaires Index, CEO Zuckerberg’s current net worth is $69.8 billion. And thanks to that, he occupied the 13th place in the list of the world’s richest people.
Investors are happy with Zuckerberg’s progress. In a phone conversation with them on Wednesday, Zuckerberg said that last November, it was decided to cut 11,000 employees, i.e. 13 percent of the company’s total workforce. Planning starts from there. Meta was looking at reducing costs and increasing revenue by laying off more workers in the future.
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