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Zuckerberg now worth more than the Google guys

Zuckerberg now worth more than the Google guys

Posted by Liliana Castaño on July 26, 2014

Facebook  FB 0.37%  CEO Mark Zuckerberg has had a good week.

The hoodie-clad CEO has seen his company’s strong week on the stock market lift him to a higher ranking on a list of the world’s wealthiest billionaires.

Facebook’s stock soared this week after the social media behemoth’s latest earnings report showed 61% revenue growth in the second quarter and profits that more than doubled year-over-year on stronger mobile ad sales. The 30-year old Facebook chairman, who owns almost 30% of the company, saw his personal wealth surge as the company’s stock rose nearly 6% since Wednesday’s close, finishing at a record high of $74.98 on Thursday. Facebook’s shares have more than doubled in value in the past twelve months and are up 38% year-to-date.

The trading boost has helped Zuckerberg shoot up Bloomberg’s list of wealthiest billionaires, jumping ahead of Google  GOOG -0.81%  cofounders Larry Page and Sergey Brin to put the Facebook chairman at 16th on the list with a net worth of $33.3 billion. Bloomberg reports that Zuckerberg has added about $1.6 billion to his personal fortune this week.

Zuckerberg is also ahead of Amazon CEO Jeff Bezos, who is 20th on the list with $32.6 billion and behind the Google cofounders and Saudi businessman Alwaleed Al Saud. Unlike Facebook, Amazon’s shares have plunged in the wake of its disappointing second-quarter earnings report, which revealed greater-than-expected losses despite increased sales. On Friday afternoon, the day after the company’s earnings came out, Amazon stock was down more than 11%, erasing roughly $15 billion in shareholder value.

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