Mark Zuckerberg's Fortune Grew $44 Billion This Year
Portfolio Pulse from Bibhu Pattnaik
Meta Platforms Inc. CEO Mark Zuckerberg's fortune has grown by $44 billion this year, ranking him as the 12th richest person with a net worth of $89.9 billion. Meta's Instagram is developing a new Twitter-like text app, and the company's revenue outlook is brightening, with analysts setting a target of $320 a share.
May 20, 2023 | 5:07 pm
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Mark Zuckerberg's fortune has grown by $44 billion, and Meta's Instagram is developing a new Twitter-like app. Analysts set a target of $320 a share for Meta.
Mark Zuckerberg's increased fortune highlights the growth and success of Meta Platforms Inc. The development of a new Twitter-like app by Instagram, a Meta subsidiary, indicates the company's expansion into new markets and services. Analysts setting a target of $320 a share for Meta suggests a positive outlook for the company's stock price in the short term.
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