Zuckerberg?s wealth up $3.8 billion as Facebook surges

David Paul Morris/Bloomberg

Mark Zuckerberg, chief executive officer of Facebook, speaks during the Instagram video event.

Staff San Francisco Business Times

Mark Zuckerberg?s fortune soared by $3.8 billion in one day Thursday as Facebook's shares rallied 30 percent, following the company's second-quarter earnings report.

Bloomberg reports the gain put 29-year-old Zuckerberg ahead of Microsoft CEO Steve Ballmer and Dell chairman Michael Dell on the Bloomberg Billionaires Index.

Facebook closed at $34.36 Thursday, reaching the highest level since its initial public offering in May of last year.

Facebook (NASDAQ: FB) on Wednesday reported its second-quarter revenue rose sharply to $1.81 billion with a particularly strong showing in mobile.

Source: http://feedproxy.google.com/~r/vertical_43/~3/WG8mwo6RF-4/zuckerbergs-wealth-up-38-billion-as.html

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