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.
In the opposition to be world’s richest person Bezos is well in front of the pack, with about $50 billion more than Gates, his closest rival. However, in the opposition to be world’s greatest giver, he’s getting left in the residue.
Above Zuckerberg were Amazon CEO Jeff Bezos, in the No. 1 spot, and Microsoft co-founder Bill Gates.
Zuckerberg’s net worth is now $81.6 billion, according to Bloomberg, while Buffett’s is about $81.2 billion. Gates is worth about $92 billion, and Bezos is worth an astounding $140 billion.
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. 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 promised to give away 99 percent of his Facebook stock away in his lifetime, his Bloomberg profile appears. Further, Zuckerberg has given $3.58 billion in stock deals away this year alone to a philanthropy activity he set up with his significant other, Priscilla Chan, in 2015.
Buffett has donated about 290 million of his shares in Berkshire Hathaway to charities — an equivalent of about $50 billion.
Zuckerberg survived congressional scrutiny and has looked down a progression of Facebook protection outrages. His latest move, to confine other organizations’ entrance to Facebook’s information by means of its API, has caused devastation for some business visionaries. In any case, it appears to have worked, at any rate the extent that investors are concerned.
The organization’s stock shut at a record high of $203.23 on Friday. That was sufficient for Zuckerberg to push out Warren Buffett as the world’s third third richest person, after Jeff Bezos and Bill Gates.