Mark Zuckerberg’s fortune surged by $4.6 billion Thursday after Meta Platforms Inc. reported strong second-quarter earnings, joining his billionaire peers at Alphabet Inc. in benefiting from a resurgence in advertising spending.
Shares of Menlo Park, California-based Meta, the parent company of Facebook, rose as much as 9% in New York before closing up 4.4%, the most since April.
Zuckerberg, Meta’s co-founder and chief executive officer, has seen his net worth increase $67.7 billion this year to $113.3 billion, the second-largest increase among those in the Bloomberg Billionaires Index behind only Elon Musk.
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