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Share price increase nets $6b for Zuckerberg

Fri, Jan 29, 2016, 03:27 PM
The birth of daughter has ushered in Lakshmi, the Indian Goddess of wealth, to the Zuckerbergs.

Just after he returned from paternal leave, Facebook founder Mark Zuckerberg emerged as one of top ten richest people in the world. Facebook share value went up by 13%, which meant $6 billion addition to his wealth. The profits after tax have gone up by $1.56b.

Bloomberg data shows only Bill Gates, Zara founder Ortega Amancio, Warren Buffet, Jeff Bezos and Carlos Slim Helu are ahead of him.

By introducing the internet Basics in India, Zuckerberg might as well be the richest man in the world. But that might mean the end of Digital India, warns IT wizard Nandan Nilekani.

It's not just a superstition, but the birth of a girl in the house is generally linked with prosperity in many families. More than that, a girl may prove good omen for care and security for the family.
Agency: Ap7am Desk

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