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Mark Zuckerberg's Assets Were Valued At 57 Billion

Facebook founder Mark Zuckerberg has amassed a fortune of more than 30 billion (over 48 trillion Pakistani rupees) in just two months. 
Mark Zuckerberg's Assets Were Valued At 57 57.5 Billion
Mark Zuckerberg's Assets Were Valued At 57 57.5 Billion

Despite lockdowns and economic shutdowns due to the corona virus outbreak around the world. Bloomberg Index According to the report, Mark Zuckerberg has become the third richest man in the world and now he is the owner of .7 87.7 billion and now Jeff Bezos and Bill Gates are ahead of him.

Mark Zuckerberg's assets were valued at 57 57.5 billion when the lockdown was imposed in Silicon Valley, California, on March 17. Sanctions to control the corona virus in California are still in place and millions of people around the world Unemployed, but Facebook founder's wealth continues to grow.

The possible reason for the increase in Mark Zuckerberg's assets is the increase in the company's economic growth. The results for the first quarter of this year were released on April 29 and they were better than expected. In terms of revenue and daily active users, Facebook outperformed economists' expectations. During the quarter, revenue of 4 17.74 billion and 1.74 billion users turned to Facebook, while monthly users of all its apps for the first time. Worn up to 3 billion. Following these results, the value of Facebook shares increased by 8%.

But Facebook said a significant drop in advertising demand was seen in the last three weeks of the first quarter of 2020 and could have repercussions in the second quarter. With the addition of commerce and video chatting, the Messenger Rooms feature was recently introduced to allow up to 50 people to chat at the same time. Similarly, an e-commerce feature called Shops was launched this week to help small businesses. Will provide an opportunity to work online.

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