Technology

59377 readers

2543 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

255

Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge (www.cnn.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

60 comments fedilink hide all child comments

Mark Zuckerberg made $29 billion this morning after Meta stock makes record surge::Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break.

you are viewing a single comment's thread
view the rest of the comments

[–] chemicalwonka@discuss.tchncs.de 17 points 9 months ago* (last edited 9 months ago) (2 children)

$29 billion of monopoly money, this money is pure speculation

[–] Nomad@infosec.pub 3 points 9 months ago (1 children)

Jup, people don't realize that he needs to sell Facebook to realize these gains. And pay tax on that. At this level of wealth, companies are not about earning money but having influence and power.

[–] willington@lemmy.dbzer0.com 3 points 9 months ago

He doesn't need to sell, no.

It's collateral for a low interest loan.

Look up "buy borrow die" on a search engine.