Mark Zuckerberg made $3.5 billion last month (November)

Posted by Clicksomemore
Categories: , 3 comments

Yes, you heard right . $3.5 billion in just one month. Facebook's stock shot up from $21.08 a share on the first day of trading in November to $28 a share at the end of the day Friday, its highest price since July. Zuckerberg, who owns about 504 million shares of Facebook stock, gained about $3.48 billion as a result...

When Facebook first went public at $38 a share in May, Zuckerberg’s shares were worth $19.1 billion. In the following months, the stock dropped to less than half that IPO price to $17.55 in late August, pushing Zuckerberg’s net worth down to $8.84 billion.

Since then, Facebook’s stock has recovered in fits and starts and so has Zuckerberg’s wealth. November proved to be by far the most robust growth month for the stock to date, thanks to two big factors. First, the company had a strong earnings report in late October, which showed that Facebook was making progress in monetizing mobile. Secondly, the second and largest lockup period for stocks held by employees finally expired in the middle of November, which was something investors had been dreading for months and arguably held down the stock price.

As of last Friday, Zuckerberg’s net worth was $14.1 billion and will likely only continue to grow in December.

3 comments:

  1. AnonymousDecember 23, 2012 at 4:42 PM

    Hello to all, how is everуthіng, I thіnk every one is gеtting morе from thiѕ ωebsіte, аnd уour vіеws
    are nice for nеw vieωers.
    My page - adult entertainment

    ReplyDelete
  2. AnonymousDecember 24, 2012 at 1:34 AM

    Hellо fгіends, how iѕ everythіng, anԁ what you desire to
    say about thіs piecе of wrіting, in my view its truly аωeѕome in favοг of me.
    Here is my website - Antonella Del Lago - Sex reporter 2000 video

    ReplyDelete
  3. AnonymousDecember 25, 2012 at 2:19 PM

    Тhank you for another informative web site.
    The place else mау I get that kіnd of information written іn suсh a ρerfect mаnner?

    I've a mission that I'm јust nοw woгκing on, anԁ Ι have been at the
    looκ out for such info.
    Here is my blog ; kearal Sexwap.com Videos

    ReplyDelete

Thanks for visiting. Kindly use the below form to drop your comment:

Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Clicksomemore.

    Top 5 commentators