The Facebook
Founder Mark Zuckerberg, now has even more money to give away as he emerge the fourth-richest person in the world,
thanks to his company’s surging stock sending his fortune north of the
$50 billion-mark this week, according to Bloomberg.
The total moves
Zuckerberg past Mexican billionaire Carlos Slim Helu as well as Amazon
AMZN
0.98%
CEO Jeff Bezos on Bloomberg’s Billionaires Index.
Zuckerberg still trails third-place billionaire Warren Buffett by nearly $10 billion, while Microsoft
MSFT
-0.31%
founder Bill Gates and Spanish fashion industry billionaire
Armancio Ortega are the first- and second-richest people in the world,
respectively.
Facebook has weathered this year’s global market volatility
relatively well, which helps explain Zuckerberg’s rise through the ranks
of the billionaire class. Bloomberg notes that Zuckerberg is the only
person in the top five of the world’s richest people to see his fortune
increase this year. Facebook’s stock is up roughly 8% this year after
the company delivered a blockbuster quarterly earnings report last week.
It’s been an eventful few months for Zuckerberg. The Facebook
cofounder and his wife welcomed a baby daughter at the end of 2015, at
which point they pledged to eventually give away 99% of their company shares.
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