JMH
Emeritus, Contributor
- Apr 2, 2012
- 7,197
Facebook Surges and Mark Zuckerberg Pockets $3.8 Billion | Daily Ticker - Yahoo FinanceIn just 24 hours Mark Zuckerberg’s fortune swelled by $3.8 billion.
It happened between 4:05 pm Eastern Time Wednesday, when the Internet giant reported second quarter earnings that dwarfed expectations, and the close of trading the following day.
Facebook (FB) shares soared 30% to their highest level since May 2012, earning the company’s founder and CEO the equivalent of $15.83 million per hour.