Mark Zuckerberg Made Around $9.6 Million Per Hour Or $230.6 Million Per Day In 2023 — His Major Investments Include A 30-Bedroom/Bathroom Compound And Beer-Drinking Wagyu Cattle

Meta Platforms Inc. CEO Mark Zuckerberg significantly increased his wealth in 2023, adding $84 billion to his net worth, as reported by Business Insider. As of January 2024, he is the fifth-richest person in the world with a net worth of $139.1 billion, according to the Forbes Real Time Billionaire's List.

An increase of $84 billion in one year translates to an estimated $9.6 billion per hour or approximately $230.6 million each day. For context, the median net worth for U.S. families is around $192,900, while the average is about $1.06 million.

In 2021, Facebook’s rebrand to Meta was a strategic move signaling a pivot toward the metaverse. This transition was not just a name change. It also represented a shift in the company’s focus to a future involving shared virtual spaces, augmented reality (AR) and virtual reality (VR) technologies.

The rebrand, however, came at a time when Facebook was facing a series of challenges, including controversies over handling misinformation and mental health issues.

Despite these challenges, by 2023, Meta’s share price had rebounded, nearing its all-time high. This recovery in stock value significantly boosted Zuckerberg’s net worth.

He recently made headlines for his luxurious and secretive compound in Kauai, Hawaii. The compound, known as Koolau Ranch, spans over 1,400 acres and features an array of high-end amenities and security measures. The project is estimated to have cost around $270 million, including $100 million for construction and $170 million for land acquisition.

In addition to the compound, Zuckerberg has also delved into high-end cattle farming on his Hawaiian property. He has invested in raising Wagyu and Angus cattle, which are fed a unique diet including beer and macadamia nuts, aiming to produce some of the highest quality beef in the world.

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Ref: Mark Zuckerberg Made Around $9.6 Million Per Hour Or $230.6 Million Per Day In 2023 — His Major Investments Include A 30-Bedroom/Bathroom Compound And Beer-Drinking Wagyu Cattle (finance)

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