$28 billion windfall after stock jumps

Facebook CEO Mark Zuckerberg is seen after dueling in the “Metaverse” with an Olympic gold medalist fencer during a live-streamed virtual and augmented reality conference to announce Facebook's rebranding as Meta, in this screen grab taken from a video Released on October 28, 2021.

Facebook | Via Reuters

Meta CEO and co-founder Mark Zuckerberg has 28 billion reasons to celebrate the company's big quarter.

As of Friday's close, Zuckerberg is the richest ever, thanks to a 22% surge in Meta shares that left him with a $28 billion windfall. The CEO's net worth now stands at $165 billion, making him richer than Bill Gates, one of Microsoft's co-founders.

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