Mark Zuckerberg's net worth has risen by nearly $5 billion in the first two weeks of 2017. (AP Photo/Esteban Felix)
Happy New Year, Mark Zuckerberg.In the first two weeks of 2017, the Facebook founder's net worth has soared by nearly $5 billion, by far the biggest gain of any person in the world. Bolstered by climbing revenues and a series of bullish analyst reports, Facebook's shares are inching closer to October's all-time high.
As a result, Zuckerberg, who owns 410 million company shares, has more than recouped the losses he suffered in the weeks following Donald Trump's election, when his net worth fell 7% to $49 billion.
He is now worth an estimated $53.8 billion, according to FORBES' real-time rankings of the world's billionaires, and clocks in as the planet's fifth-richest person; Zuckerberg trails only Bill Gates, Warren Buffett, Jeff Bezos and Amancio Ortega of Spain, each of whom holds a fortune of more than $70 billion.
Zuckerberg’s $5 billion surge vastly outpaces the gains of any other individual on the FORBES billionaires list, based on data compiled between the start of normal trading hours on January 3 and the end of normal trading at 4:00 P.M. EST on Friday, January 13.
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