Facebook‘s stock shot up from $21.08 a share on the first day of trading in November to $28 a share at the end of the day Friday, its highest price since July. Zuckerberg, who owns about 504 million shares of Facebook stock, gained about $3.48 billion as a result.

When Facebook first went public at $38 a share in May, Zuckerberg’s shares were worth $19.1 billion. In the following months, the stock dropped to less than half that IPO price to $17.55 in late August, pushing Zuckerberg’s net worth down to $8.84 billion according to Mashable.

SSince then, Facebook’s stock has recovered in fits and starts and so has Zuckerberg’s wealth. November proved to be by far the most robust growth month for the stock to date, thanks to two big factors. First, the company had a strong earnings report in late October, which showed that Facebook was making progress in monetizing mobile. Secondly, the second and largest lockup period for stocks held by employees finally expired in the middle of November, which was something investors had been dreading for months and arguably held down the stock price.
As of Friday, Zuckerberg’s net worth was $14.1 billion and will likely only continue to grow in December.

Facebook’s stock is approaching $30 a share and an**ysts continue to raise their price targets for the stock on the potential to generate money from mobile ads and other revenue sources like the recently launched Gifts service. Arvind Bhatia, an an**yst with Sterne Agee, upped his price target on the stock last week from $26 a share to $32 a share. Likewise, Topeka Capital raised their price target from $34 a share to $36 a share.

Perhaps Zuckerberg and Facebook will manage to end this year on an up note after all.

  • god

    up down up , play with cash

  • MoorFedayeen

    Told everybody Jews control this planet, not the white man. These ppl have built a system of global debt even the most learned accountant, economist or financial wizard couldn’t follow. Because teh system is just an illusion made out of thin air. Props though

    • Thabo

      Shut up ya nut. If you believe Jews control the planet so much how bout you learn from them and pass their secrets on to the black race starting with me. If you can’t do that, then shut up.

      • MoorFedayeen

        Boy you don’t want me to do that. I’d destroy you with facts. You say America (leader of the “free” world) isn’t controlled by Jews when (white) American forces are in the middle east (killing & being killed) doing Israels work. An American bought dome that cost an ungodly amount of US tax dollars protects Israel from Pali rockets. Why do we care so much? Why should we pay?

        Am I really the nut are you the ANS dunce?

        I won’t even get into the Jew owned media or their central system of debt (FED) we all are slaves to. You’re BLIND and I can’t give you sight lil fella. Go find it

        • Thabo

          I asked you something and you veered of the subject, way too go! If the Jew got power learn from it and hand me the secrets. But you acting all sideways.

          It’s good the Jew has power. After being damn near wiped off the earth multiple times by nearly every gahddamn civilization that ever existed, what you expect them to do? Not grab power? We blacks only faced one near genocide event, black slavery which depending on perspectives is still ongoing. So if the Jew can make it am hopeful blacks worldwide can also “make it”.

    • tya

      chris rock said this in 1999 and it still holds to this day Black people don’t hate jews, black people hate white people. We don’t got time to dice white people up into little groups! I hate eeeverybody! I don’t care if you just got here

  • Ice

    Good for him!

  • HAR125LEM

    damn I only made $2324 last month.

  • QueT

    I need to hit him up for a loan or somin.

    • kookutta

      typicAL NICCA..^^

      • Bmo