Mark Zuckerberg made $3.5 billion last month (November) | Welcome to Linda Ikeji's Blog

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Monday, 3 December 2012

Mark Zuckerberg made $3.5 billion last month (November)

Yes, you heard right. $3.5 billion in just one month. Facebook's stock shot up from $21.08 a share on the first day of trading in November to $28 a share at the end of the day Friday, its highest price since July. Zuckerberg, who owns about 504 million shares of Facebook stock, gained about $3.48 billion as a result...



When Facebook first went public at $38 a share in May, Zuckerberg’s shares were worth $19.1 billion. In the following months, the stock dropped to less than half that IPO price to $17.55 in late August, pushing Zuckerberg’s net worth down to $8.84 billion.

Since then, Facebook’s stock has recovered in fits and starts and so has Zuckerberg’s wealth. November proved to be by far the most robust growth month for the stock to date, thanks to two big factors. First, the company had a strong earnings report in late October, which showed that Facebook was making progress in monetizing mobile. Secondly, the second and largest lockup period for stocks held by employees finally expired in the middle of November, which was something investors had been dreading for months and arguably held down the stock price.

As of last Friday, Zuckerberg’s net worth was $14.1 billion and will likely only continue to grow in December.

59 comments:

  1. Bn wantn to buy facebook shares.... Welll sha

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  2. Congratulations Mark Zuckerberg.

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  3. Wow, using pure brains to aquire all that wealth, fellow Nigerians, why can't u use ur brains like dis young man, instead, na juju una knw. Give ur life to Christ let him lead u to ur destiny, he is ur only salvation, u have ur whole life to give it to him, u may never get a second chance, cause once u die without him, ur goin straighg to Hell, nd its not how u see it in movies, its way worse. U are blessed.

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    1. What about u? Who are u? What is your father's status? Has ur family even appeared in city people? Bitch sit your broke ass down

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    2. If ur willing to give ur life to Christ, say these words with all ur heart: Father, I come before you with all my body nd my soul, I believe that u sent Jesus to die for me on the cross and I accept him as my personal Lord and saviour. Pls b goin to church, that's the only way u will prouve that ur faithfull. Go to serve God, not judge the pastor who God has been blessed, whe Lord will bless you too if u serve him the same way ur pastor does.

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    3. U are just a big fool! Wot happen to u doing the samething yourself...instead of aiming at fellow nigerians! I didn't think so.

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    4. How are you sure dis guy is a. Born again.?do you know if his sucess is from God?

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    5. @ anon 5:20 I'm nt hatin, nd I deff knw dat I'm gonna b great cause God has given me a big destiny. I'm nt like davido to make it frm dadys money. Nd I hav been on a lot of magazines nd newspapers for ur info idiot!!! @8:17 d guys wealth isn't frm God, its frm satan, but God will do things for you for free only if u give ur life to him, but satan will collect sumfin frm if nt b4, but eventually!!!

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  4. Life is not all about drawing tattoos ,wearing skinny jeans & smoking weed. Is about creativity!!! Lesson 2 all young Nigerians

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    1. Ewu what's stopping you from doing yours? Abi no be the same one head wey u get e get... Preach! Pastor ome njo!
      Biko Pass the mic

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    2. Thank you oo...God bless you for this..

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  5. I envy dis boi oooo

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  6. This guy is a sure motivation to we young folks, he is the youngest self made millionaire, as he became that rich without family inheritance. Congrats to him!

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    1. #typo: *Billionaire, I meant. Linda, just like me, you made a mistake too, your theme topic used $ and your intro statement was in Naira, which is which?

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    2. Zuzu pu hia

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  7. Linda pls try and be editing before posting.is it 3.5 billion dollar or 3.5 billion naira why are you confusing the 2?check you post very well.

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  8. This is an example of wealth acquired using the brain God has given to us.....Nigerians, stop complaining and criticising rather seek ways to explore ur creative genius so u can better ur life and those around u. Check out yelnatsfashion.blogspot.com and see ow I am working to be like dis dude.

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  9. With all the wealth @ his age,he's still very humble.hmmmmmm!

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  10. I particularly like the fact that facebook stock is rebounding, the media really made money down grading the stock. Congrats to Mark!
    www.jeenager.com

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  11. That's a great development, wish i could have FB share. Want to have a flat belly, burn fat, maintain your shape and fitness. Visit this web address www.bitly.com/fitnessandweightlossreport

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  12. Wow! Dis is what we call greatness,its a clarion call on Nigeria youths to ask God to open in them wells of creativity to accomplish such amazing feats. I believe there are many untapped ideas in Nigeria where we can still become billionaires in life.Oga mark I tap into your anointing ten times!

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  13. As my boss said to me yesterday.....This young man has put nigerian politicians to shame. The whole nigerian budget is about 5 trillion naira, mark made one third of this in a month. At the end of the day we all need to use our talent wisely. I'm getting started on mine, do the same with yours and the sky would be our take off point.
    Have a wonderful week ahead LIBers.

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  14. Dis guy should come n marry my sister so I go hammer..IJN amen

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    1. Sorry to dash ur hope bt he's married

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  15. 4:56 u de game life is nt al about dat kudos 4u

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  16. What baffles me most is his modest life!....goush!

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  17. I luv this. Honest Money... N d guy is sooo simple! Some pple dh hav few millions (most stolen)will jus be flashing dia tired peacock colours. Meanwile a simple young guy is hitting it Grande'
    Let us all try to b creative n' humble @ d same time... It sure pays #Jade Said#

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  18. Anon 4:56 u got it right. It disgust me wen I see those F.O.O.L.S dat all d know is drawing tattoos ,smoking weed carrying shoulder claiming d are d greatest. Even those dat made it 2day like Zuckerberg makes no noise . Congrats Mark.

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  19. My God! See my mate. And I dey house dey ping..

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    Replies
    1. Lool!e go better..

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    2. Stop pinging! Start investing your money on something that will earn you cash! Lol.

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  20. I'm guessing this is because of instagram
    The daily increase of instagrammers
    Facebook bought insta over; wise move
    The have failed to mention that which generates this revenue. Instagram is under facebook now and insta for every '1 like' is roughly 30c.
    Go Figure!
    Linda how about LIB shares. I know I would buy. Think about it. Turn ur blog to a registering community

    KINGBEE

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  21. @Anonymous4:56am, exactly what's on my mind.

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  22. And a big lesson to our youths waiting for white collar jobs and following politicians for stipends.

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  23. It's his destiny. Came up with a brilliant idea and made it work!

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  24. Facebook gave Mark all this money and Mark gave me my fiancee..THE GREMLIN LIKES SHARES.

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  25. God abeg no forget me o. I senior ds bobo o.

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  26. This could be you in a few years Linda....All the best.

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  27. Linda sorry o...but is it in naira or dollars...cause d headline na dollars and the first line na naira u write...no vex for d correction oh...

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  28. Linda sorry o...but is it in naira or dollars...cause d headline na dollars and the first line na naira u write...no vex for d correction oh...

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  29. See my mate oh!

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  30. My thoughts exactly.. Headline in dollars and the first 2 lines in naira,,*confused face*.... Anyway,he brought up a good idea and put it work.. Most of us come up with brilliant ideas and fail to put it to work cos of financial issues or laziness.. Either way,2012 has ended alwedi by God's grace.. Make ur 2013 count..

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  31. Linda baby hook me up with this guy now make I do am and share that money with am now plz

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  32. Linda, you may wanna correct the first line

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  33. Uncle Mark, well done Sir. See u soon!

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  34. damn!!!! So this guy makes, more than donald trump's worth (who is standing at$ 3.1 bill as at sept 2012). While trump be bragging over his billonaire status and challenging Obama for $ 5 mill show off; one wont even hear a sound from facebook's owner. Too much money........Dantinz

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  35. Thanks to God for this dude

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  36. Congrats Mark! Am motivated to work harder...www.ucheawaji.blogspot.com

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  37. People keep singing the Nigeria-is-blessed song. I don't believe in that shit. Guys are trying their best, but the environment is not helping matters. The billions that would have been used to develop naija is being carted away to other countries. Our leaders have blood on their hands.

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  38. oh God pls help me as u help that guy

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  39. But he only gets that money if he sells the share while its still at that rate, what happens if it drops right back tomorrow??? I got some of that FB shares (very few o, it was too expensive jo) am hoping for some miracle ;) Your ATL frnd ;)

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  40. Chai!!!!!!!!!!!1 $3.5bn in one month

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  41. The company is a Limited company therefore, it is the shareholders not just Mark!!

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  42. getting bigger by the day.

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  43. GOD SHOW ME THE WAY, ideas are running riot in my head, it is not suppose to be like that, its the devils work. Devil i bind you.

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  44. oh my God chaiii hw i wish i was dis guy......my blog can nt even claim of 20 views per day talkless of S3.5b oh my God....chaii linda tanks 4 d story oo.....i created a link 4rm ur blog to mine..... http://intensetalk.blogspot.com/2012/12/facebook-owner-mark-zuckerberg-made-35.html?m=1

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  45. Its high time we r suppose to be paid 4 using facebook... Lol!!!

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    I found this web page as a most excellent web page for latest updates.
    Also visit my webpage - facebook smileys

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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