DIGIVESTASI - Meta founder and CEO Mark Zuckerberg 'reaped a windfall' worth $28 billion or IDR 440.47 trillion after his company reported positive financial results in the last quarter of 2023. According to Business Insider, as of the end of Friday (2/2/2024), Zuckerberg became the richest person of all time thanks to a 22% increase in Meta's share price, giving him assets worth 28 billion USD.

The Meta CEO currently has a net worth of $165 billion, making him the fourth richest person in the world, richer than Microsoft co-founder Bill Gates. He will also receive around $174 million in cash when the company pays its first dividend in March. 

Zuckerberg owns about 350 million Class A and B shares, both of which are eligible to pay dividends. Zuckerberg will also earn more than $690 million per year if Meta maintains its quarterly dividend of 50 cents. In 2021, Zuckerberg's net worth peaked at around $142 billion, according to the Bloomberg Billionaires Index, when the Nasdaq hit a new high.

But the widespread market correction hit Meta harder than most. Investors and analysts sharply criticized the company's multi-billion dollar investment in Reality Labs, its virtual reality division. Zuckerberg responded by significantly cutting staff and calling this year a "productive year" for Meta. Many other tech CEOs followed his lead throughout 2022, 2023, and 2024.

However, at the lows of October 2022 and November 2022, Meta stock could cost around $90 and Zuckerberg is worth 36 billion USD. Meta reported fourth-quarter financial results in which revenue and net profit targets were exceeded. Its net profit tripled compared to the previous quarter. Meanwhile, the company is currently valued at $1.2 trillion.

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