Advertisement
Entertainment

Facebook CEO, Mark Zuckerberg now world’s third richest

Advertisement
Advertisement

Facebook CEO Mark Zuckerberg is now the third richest man in the world, overtaking Warren Buffett on Bloomberg’s list of the world’s richest people.

Zuckerberg passed Buffett Friday as Facebook shares rose 2.4 percent, Bloomberg reported.

Above Zuckerberg were Amazon CEO Jeff Bezos, in the No. 1 spot, and Microsoft co-founder Bill Gates.

The daily rankings of the world’s 500 richest people listed in the Bloomberg Billionaires Index showed the top 3 remained the same Saturday.

Zuckerberg is now worth $81.6 billion, nearly $400 million more than Buffett, chairman of the Berkshire Hathaway investment group, rankings show.

Zuckerberg’s California-based social network business has more than 2 billion active monthly users.

The company’s stock has reached a record high despite ongoing scrutiny over its Cambridge Analytica data breach that leaked personal information of up to 87 million people, MarketWatch reported.

Zuckerberg has pledged to give away 99 percent of his Facebook stock away in his lifetime, his Bloomberg profile shows. Further, Zuckerberg has given $3.58 billion in stock sales away this year alone to a charity initiative he set up with his wife, Priscilla Chan, in 2015.

Buffett has donated about 290 million of his shares in Berkshire Hathaway to charities — an equivalent of about $50 billion.

*Reported by UPI

Advertisement
Tgmedia

Recent Posts

BREAKING: Fire Guts Popular Kantin-Kwari Textile Market In Kano [PHOTO]

BREAKING: Fire Guts Popular Kantin-Kwari Textile Market In Kano [PHOTO]---A fire outbreak on Saturday night…

5 hours ago

JUST IN: Victor Osimhen Out As Eguavoen Announces Super Eagles Vs Libya Squad [FULL LIST]

Victor Osimhen has been ruled Out of Super Eagles Vs Libya squad As Eguavoen Announces…

6 hours ago

Tragic Loss As Nollywood Actor, Saheed Balogun Loses Daughter, Zeenat

Tragic Loss As Nollywood Actor, Saheed Balogun Loses Daughter, Zeenat---Popular Nollywood actor, Saheed Balogun, is…

6 hours ago

BREAKING: Governor Fubara Regains Control As APP Wins 22 Chairmanship Seats In Rivers State LG Polls

BREAKING: Governor Fubara Regains Control As APP Wins 22 Chairmanship Seats In Rivers State LG…

6 hours ago

#ARSSOU: Watch Arsenal Vs Southampton Live Stream Match Here

Arsenal Vs Southampton Live Stream Match has emerged. The Genius Media Nigeria reports that Arsenal…

12 hours ago

BREAKING: Heavy Gunfire At Nyesom Wike’s Ward As Rivers State Local Government Election Turns Violent

BREAKING: Heavy Gunfire At Nyesom Wike’s Ward As Rivers State Local Government Election Turns Violent---The…

13 hours ago
Advertisement