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Once again such a miracle has been seen in the global business world and stock market which has surprised investors all over the world. Mark Zuckerberg, founder and CEO of social media giant Meta Platforms, has created a new history in terms of earnings in a single day. The huge increase in his wealth recorded within a single day is more than the annual earnings of many big industrialists. After the tremendous rise in Meta’s shares in the American stock market, Zuckerberg has got immense wealth. Let us know what is the real reason behind this historic surge and how his wealth started skyrocketing within a few hours.
According to stock market experts, a huge rise of about 12 percent was recorded in the shares of Meta Platforms during trading in the American stock market. Investor confidence in the company became stronger after leading brokerage firm Wells Fargo revised the target price for Meta shares significantly higher. As Meta’s shares soared in the market, the total wealth of Mark Zuckerberg, the largest shareholder in the company, increased by about $ 25 billion (about more than Rs 2 lakh crore) in one stroke. Such a huge jump in the number of the world’s top rich in a single day is being considered a huge event in the world of financial markets.
There are ups and downs in the list of world’s top billionaires every day, but the earnings that Mark Zuckerberg has earned this time have left behind even giants like Elon Musk. According to real-time data from Forbes, this one-day jump is the biggest earning in a single day by any single person among the top ten richest people in the world. For comparison, on the same day, Tesla chief Elon Musk’s wealth increased by about $12 billion, while Zuckerberg’s earnings were double that i.e. $25 billion. With this record-breaking jump, Mark Zuckerberg’s total net worth has crossed $253.6 billion.
Artificial Intelligence (AI) technology has a big role to play in this sharp jump in Meta’s shares and this bumper increase in Zuckerberg’s wealth. The advanced AI assistant and new features recently launched by Meta are being highly appreciated by investors and users. The company is constantly taking its AI platform and advertising revenue to new levels. Analysts believe that given the company’s strong hold in the field of future digital technology and metaverse, global investors are investing money openly in Meta, which is directly benefiting the company’s shares and Mark Zuckerberg’s personal wealth.
The rapid changes taking place in the technology sector have also changed the equations in the list of the world’s richest people. On one hand, while the earnings of businessmen of traditional industries and energy sector are growing at their own pace, on the other hand, shares of tech companies related to artificial intelligence and digital services are moving at the speed of rocket. This record breaking earning of Mark Zuckerberg is proof that the coming era is going to be completely modern technology, AI and data-driven business, in which companies like Meta are at the forefront and leading the global market.