Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge::Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break.

  • nomad@infosec.pub
    link
    fedilink
    English
    arrow-up
    4
    ·
    10 months ago

    Jup, people don’t realize that he needs to sell Facebook to realize these gains. And pay tax on that. At this level of wealth, companies are not about earning money but having influence and power.

    • willington@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      3
      ·
      10 months ago

      He doesn’t need to sell, no.

      It’s collateral for a low interest loan.

      Look up “buy borrow die” on a search engine.