It has been a lucky year for Mark Zuckerberg. Facebook not only improved in terms of updates and a better mobile site, it valuation is said to have doubled since 2012. 2013 has been quite a year for the Facebook family. According to Bloomberg Billionaires Index the Facebook CEO’s worth increased by $12.4 billion making it the largest gain of any current Tech executive of course if we exclude Bill Gates and his extravagant aims and achievements.
The massive increase in the revenue earned resulted in a strong growth in Facebook share value which have doubled over the past year. Facebook stock started the year 2013 at $27.44 a share and ended at $54.65, thanks to optimism of investors about the company’s ability to monetize its mobile platform.
Facebook’s mobile advertising and the various modifications on its website have worked well to transform the success into monetary gains. The social media giant has bagged some of the great achievements up its sleeves.
The most significant development came from Zuckerberg and his wife’s end who donated much of their wealth to charitable organisations in order to provide the needy with the basic amenities.
May be that is what’s helping the Facebook CEO to achieve one success after the other.
via SocialAppsHQ Blog http://www.socialappshq.com/blog/2014/01/04/mark-zuckerbergs-worth-increased-yet-again/
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