Meta's Zuckerberg passes Jeff Bezos as world's 2nd wealthiest person [FOX Business Network]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: FOX Business Network
Platforms CEO's personal fortune swelled to its highest level yet, according to Bloomberg He bumped Bezos, the founder of Amazon , out of that position on the Bloomberg Billionaires Index on Thursday after his net worth rose over $3 billion to a whopping $206.2 billion, the outlet reported. Bezos moved to third-wealthiest at $205 billion, per the index. Bloomberg linked Zuckerberg's feat to the performance of Meta Platforms, the corporate parent of the social media site he co-founded in 2004, Facebook, and the platforms Instagram, Whatsapp and Threads. Meta has seen a 3% increase in its stock price in the past five days and a 69% jump year-to-date. It has generated $75.5 billion in revenue over the first half of the year, including $39.07 billion in the second-quarter. Meanwhile, its net income across the first two quarters was $25.83 billion. Ticker Security Last Change Change % META META PLATFORMS INC. Powered By Zuckerberg's company plans to release its
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META
News
- Mark Zuckerberg surpasses Jeff Bezos to become world's second-richest person [Yahoo! Finance]Yahoo! Finance
- Top Europe court rules against Meta Platforms on ad data retention [Seeking Alpha]Seeking Alpha
- OpenAI's $157 Bln Valuation Requires Hand Waving [Seeking Alpha]Seeking Alpha
- Meta announces new AI model that can generate video with sound [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Meta faces new limits on ad-targeting in Europe as nemesis Max Schrems wins again at EU's highest court [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 7/31/24 - Beat
META
Sec Filings
- 10/3/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form 144
- META's page on the SEC website