Yahoo CEO Marissa Mayer is now worth $310 mn

The net worth of struggling Internet giant Yahoo Inc’s CEO Marissa Mayer is estimated to be $310 million, according to Wealth-X, a global wealth intelligence and prospecting company. Mayer’s net worth is estimated to be $310 million, based on the most recent publicly available disclosure of her shares and options as well as her residential and other investments. “Mayer’s net worth is calculated after accounting for shares in public and private companies, residential and passion investments such as art, planes and real estate, and is based on the most recent publicly available disclosure of her shares and options in Yahoo,” a Wealth-X release said. According to Yahoo’s latest quarterly report, the Internet giant has earned $348 million, or 33 cents per share, a 28 percent increase from $272 million, or 23 cents per share, a year earlier. The fourth quarter results announced on Tuesday show that revenue of the company fell 6 per cent to $1.27 billion. Shares fell nearly 5 per cent after results came out. Mayer joined Yahoo in 2012 after a 13-year stint in Google. PTI