36-Year-Old Facebook Founder, Mark Zuckerberg Becomes World’s 3rd Centibillionaire

August 8, 2020
11 Views

Mark

Mark Zuckerberg

Facebook founder, Mark Zuckerberg, 36, has become the third centibillionaire in the World.

According to the Bloomberg Billionaires Index, Zuckerberg’s fortune has topped $100bn for the first time, placing him among members of the world’s centibillionaires’ club, after Facebook’s shares surged by 6% on investor optimism over the news the company plans to launch Instagram Reels, a rival to the Chinese video-sharing application TikTok.

Facebook announced the US rollout of Instagram Reels after US President Donald Trump banned US companies from dealing with ByteDance and Tencent, the Chinese owners of TikTok and the WeChat messaging service.

The 36-year old media magnate has now joined Jeff Bezos, the Amazon founder, and Bill Gates, Microsoft’s founder, as the only people who have centibillionaire status, the Bloomberg Billionaires Index said.

Mark Zuckerberg, who founded Facebook in 2004 and owns a 13% stake in the company, gained about US$22 billion this year.

You may be interested

News

BBNaija: Organisers Tell Viewers To Expect ‘Most Shocking Eviction Show’

Webby - September 20, 2020

Big Brother Naija organisers have warned fans and viewers, to expect the most shocking eviction show this Sunday.This message was…

‘Oshio Baba’ Has Turned To ‘Oshio Pikin’: Dino Melaye Releases New Video To Mock Oshiomhole Over Edo Election
News
News

‘Oshio Baba’ Has Turned To ‘Oshio Pikin’: Dino Melaye Releases New Video To Mock Oshiomhole Over Edo Election

Webby - September 20, 2020

Dino Melaye said Oshiomhole should no longer be called ‘Oshio Baba’, but ‘Oshio Pikin’, henceforth. Melaye and Oshiomhole Adams Oshiomhole,…

BBNaija: I Hope Laycon And Trikytee Go Home Today – Dorathy Opens Up
News
News

BBNaija: I Hope Laycon And Trikytee Go Home Today – Dorathy Opens Up

Webby - September 20, 2020

Dorathy, who is up for eviction alongside Ozo, Trikytee and Laycon, said this during her diary session with Biggie. Dorathy…

Leave a Comment

Your email address will not be published.