Facebook CEO Mark Zuckerberg has surpassed Oracle Chairman Larry Ellison
to become world’s sixth richest person after-hours trading on
Wednesday.Zuckerberg’s net worth increased $4.85 billion to $46.25
billion, as Facebook stock climbed 12% in reaction to reports of
Facebook’s strong quarterly earnings report. That puts Zuckerberg more
than $2.5 billion dollars ahead of Ellison, who has a net worth of $43.6
billion.
During Wednesday’s earning call, Facebook announced that it had beat
revenue and earnings forecasts for the fourth quarter 2015. Revenue was
up 52% in the fourth quarter, with mobile revenue accounting for 80% of
the total $5.84 billion in revenue. Facebook’s user growth increased 17%
in the past year.
At the age of 31, Zuckerberg is the youngest of the world’s 10
wealthiest people. In September 2015, when Forbes released its annual
Forbes 400 List, Zuckerberg became one of the 10 richest people in the
United States for the first time. He’s now the 4th richest in the United
States and 6th richest in the world. Zuckerberg first appeared on
Forbes’ ranking of the 400 richest people in America in September 2009
with a net worth of $2 billion, more than two years before Facebook’s
IPO in May 2012.
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