Facebook founder, Mark Zuckerberg has become the newest member of the centibillionaire club as his net worth crossed $100 billion on Thursday. The American media magnate joins other tech titans, Amazon CEO Jeff Bezos and Microsoft’s Bill Gates in that milestone.
According to Bloomberg Billionaires Index, 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.
Mark Zuckerberg, who founded Facebook in 2004 and owns a 13% stake in the company, gained about US$22 billion this year.
See his latest net worth below.
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