Social media giant Facebook Inc.’s co-founder and CEO Mark Zuckerberg’s wealth surpassed $100 billion, a report by business publication Bloomberg said.
According to Bloomberg’s Billionaires Index, Zuckerberg’s net worth is now at $102 billion after Facebook’s shares hit a record high due to optimism on the release of Reels, which will be TikTok’s competition.
The tech billionaire joins the ranks of Amazon’s Jeff Bezos and Microsoft’s Bill Gates, who are the only people in the world with a fortune worth at least $100 billion.
Zuckerberg co-founded Facebook in 2002 from his dorm room in Harvard University.
Bloomberg said majority of Zuckerberg’s fortune is derived from his 13% stake in Facebook. He has said that he plans to give away 99% of his Facebook shares over his lifetime.
Source: TED CORDERO, GMA News
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