Mark Zuckerberg Becomes The Third Richest Man In The World

The founder of facebook, Mark Zuckerberg overtake Warren Buffett to become the third richest man in the world analyzed by Bloomberg.

Bloomberg reports that Mark passed Buffett on Friday as Facebook shares rose 2.4 percent.

Above Zuckerberg were Amazon CEO Jeff Bezos, in the Number 1 and Microsoft co-founder Bill Gates which happens to be number two on the list.

Zuckerberg is now worth $81.6 billion, nearly $400 million more than Buffett, chairman of the Berkshire Hathaway investment group. The daily rankings of the world’s 500 richest people listed in the Bloomberg Billionaires Index showed the top 3 remained the same on Saturday.

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.

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