Zuckerberg, Bezos and three other billionaires earn $ 13 billion cumulative



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Mark Zuckerberg at "Tech For Good" at the Elysee

Mark Zuckerberg is now the fifth richest person in the world.

NurPhoto via Getty Images

Mark Zuckerberg has had a lot of difficult days over the last year, but this week has been a good day for him. The Facebook CEO's net worth jumped $ 5.5 billion during the week through Thursday, April 25, mainly due to investors' joy over earnings of $ 2.4 billion recorded in the first quarter by the social media company Wednesday. & nbsp;

The 34-year-old's value rises to $ 71.3 billion, or $ 20 billion more than in early 2019. He is now the 5th richest person in the world, up from 8 in the month Of March. Forbes published the annual list of billionaires of the world. The report on positive quarterly results eclipsed the news that Facebook would set aside up to $ 5 billion to pay a fine to the Federal Trade Commission for confidentiality issues.

Zuckerberg's earnings were by far the most important of the week, but he is in good company. The fortune of Zuckerberg and four other technology billionaires, including Jeff Bezos of Amazon, has grown by $ 13 billion in seven days.

A day after Facebook released its first-quarter earnings report, Amazon announced a quarterly profit of $ 3.6 billion, an all time record for the e-commerce giant. Amazon's stock price rose 2.2 percent in the week of Thursday, driving Bezos's net worth up $ 3.2 billion. The 55-year-old CEO, who owns a 16% stake in Amazon, is now worth $ 157.8 billion.

Bezos announced earlier this month that it will transfer approximately 4% of the company's shares to his wife, MacKenzie, as part of their partnership contract. divorce settlement, which should be completed in early July. Jeff Bezos would still be the richest person in the world, while MacKenzie would become the third richest woman.

WE Day California

Steve Ballmer retired from Microsoft in 2014, but he remains his largest individual shareholder.

2016 Getty Images

The net worth of Steve Ballmer, the former CEO of Microsoft, increased from $ 1.7 billion during the week to Thursday, the share price of the software giant having increased by 4.7% . Microsoft shattered its earnings forecast with a quarterly $ 30.6 billion business boosted by its cloud computing business, which grew 41% year-over-year. Ballmer, the largest single shareholder of Microsoft, stands at $ 48.3 billion. Co-founder and former CEO Bill Gates owns just over 1% of the shares after selling or selling most of his stake in Microsoft, but the increase in shares has increased his net worth by $ 600 million.

Michael Dell, President and CEO of Dell Technologies, earned $ 40 billion after gaining $ 1.4 billion in a week thanks to a 6.6% rise in shares. Last December, the computer manufacturer returned to the public market six years after Dell deprived the company of its activities. The market capitalization of Dell Technologies was $ 46.7 billion Thursday late in the day, up from its rating of $ 34 billion. Dell's net worth has almost doubled in the last 12 months.

Larry Page, co-founder of Google and CEO of its parent company Alphabet, has enriched $ 1.1 billion, with a fortune estimated at $ 57.6 billion. Shares of Alphabet, which will release its first quarter results after the closing bell Monday, have risen 2.2% since last Thursday. Alphabet's "Other Bets" week has been busy. Wing, which became an independent Alphabet company last summer, has recently obtained approval from the Federal Aviation Administration for the delivery of goods by drone. Wing plans to start drone deliveries in Blacksburg, Virginia, later this year. Loon, who uses high-altitude balloons to provide Internet access to remote areas, raised $ 125 million from a subsidiary of SoftBank on Thursday.

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Mark Zuckerberg at "Tech For Good" at the Elysee

Mark Zuckerberg is now the fifth richest person in the world.

NurPhoto via Getty Images

Mark Zuckerberg has had a lot of difficult days over the last year, but this week has been a good day for him. The Facebook CEO's net worth jumped $ 5.5 billion during the week through Thursday, April 25, mainly due to investors' joy over earnings of $ 2.4 billion recorded in the first quarter by the social media company Wednesday.

The 34-year-old's value rises to $ 71.3 billion, or $ 20 billion more than in early 2019. He is now the 5th richest person in the world, up from 8 in the month Of March. Forbes published the annual list of billionaires of the world. The report on positive quarterly results eclipsed the news that Facebook would set aside up to $ 5 billion to pay a fine to the Federal Trade Commission for confidentiality issues.

Zuckerberg's earnings were by far the most important of the week, but he is in good company. The fortune of Zuckerberg and four other technology billionaires, including Jeff Bezos of Amazon, has grown by $ 13 billion in seven days.

A day after Facebook released its first-quarter earnings report, Amazon announced a quarterly profit of $ 3.6 billion, an all time record for the e-commerce giant. Amazon's stock price rose 2.2 percent in the week of Thursday, driving Bezos's net worth up $ 3.2 billion. The 55-year-old CEO, who owns a 16% stake in Amazon, is now worth $ 157.8 billion.

Bezos announced earlier this month that it will transfer approximately 4% of the company's shares to his wife, MacKenzie, as part of their divorce deal, which is expected to be finalized by the beginning of July. Jeff Bezos would still be the richest person in the world, while MacKenzie would become the third richest woman.

WE Day California

Steve Ballmer retired from Microsoft in 2014, but he remains his largest individual shareholder.

2016 Getty Images

The net worth of Steve Ballmer, the former CEO of Microsoft, increased from $ 1.7 billion during the week to Thursday, the share price of the software giant having increased by 4.7% . Microsoft shattered its earnings forecast with a quarterly $ 30.6 billion business boosted by its cloud computing business, which grew 41% year-over-year. Ballmer, the largest single shareholder of Microsoft, stands at $ 48.3 billion. Co-founder and former CEO Bill Gates owns just over 1% of the shares after selling or selling most of his stake in Microsoft, but the increase in shares has increased his net worth by $ 600 million.

Michael Dell, President and CEO of Dell Technologies, earned $ 40 billion after gaining $ 1.4 billion in a week thanks to a 6.6% rise in shares. Last December, the computer manufacturer returned to the public market six years after Dell deprived the company of its activities. The market capitalization of Dell Technologies was $ 46.7 billion Thursday late in the day, up from its rating of $ 34 billion. Dell's net worth has almost doubled in the last 12 months.

Larry Page, co-founder of Google and CEO of its parent company Alphabet, has enriched $ 1.1 billion, with a fortune estimated at $ 57.6 billion. Shares of Alphabet, which will release its first quarter results after the closing bell Monday, have risen 2.2% since last Thursday. Alphabet's "Other Bets" week has been busy. Wing, which became an independent Alphabet company last summer, has recently obtained approval from the Federal Aviation Administration for the delivery of goods by drone. Wing plans to start drone deliveries in Blacksburg, Virginia, later this year. Loon, who uses high-altitude balloons to provide Internet access to remote areas, raised $ 125 million from a subsidiary of SoftBank on Thursday.

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