Facebook boss Mark Zukerberg joins Bill Gates and Jeff Bezoz in the Centi-Billionaire’s club
- August 8, 2020
- Comments Off on Facebook boss Mark Zukerberg joins Bill Gates and Jeff Bezoz in the Centi-Billionaire’s club
Facebook founder Mark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centi-billionaire.
The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for the first time.
The latest boost to Zuckerberg’s wealth came after Facebook launched a new short-form video feature on Wednesday.
Instagram Reels is a rival to Chinese app TikTok and it prompted Facebook shares to jump more than 6% on Thursday, having risen by almost 30% this year.
The news comes after US President Donald Trump signed an executive order banning US transactions with ByteDance, the Chinese company that owns the video-sharing app TikTok.
Zuckerberg’s personal wealth has gained about $22bn (£16.8bn) this year according to Bloomberg.