Facebook CEO Mark Zuckerberg
After the recent announcement from the Facebook CEO that he is not running for a political office visiting many states in the US, He is now said to be the number 5 richest man in the world.
Recently Facebook’s second quarter earnings report which showed the company’s stocks hit a record high, CEO Mark Zuckerberg has achieved a personal milestone too, becoming the world’s fifth richest person.
Fortune on Thursday reported that the Facebook CEO’s net worth hit $72.7 billion (roughly Rs. 4,66,466 crores) on Thursday. This increase of more than $3 billion (roughly Rs. 19,248 crores) sent him past Mexico’s Carlos Slim to become the world’s, fifth-richest man.
“Most of Mark Zuckerberg’s wealth is tied up in Facebook stock, meaning it rises and falls along with the company’s shares,” the reporters stated.
Facebook, the long time social networking giant in the world has been showing huge positive results since the year started this 2017 and still pushing up to more success. Its shares have risen more than 50 per cent and reached two billion monthly users across the globe.
Facebook shares have also risen more than 50 per cent and reached two billion monthly users across the whole wild world.
According to Forbes’ real-time rankings of the world’s billionaires, Amazon’s Jeff Bezos overtook Bill Gates to become the richest person in the world.
According to Independent report, Bezos, who is also Chairman and Chief Executive of the Seattle-based company, was worth almost $91 billion after Amazon’s share price rose more than one percent in morning trading in New York.
That has put his fortune ahead of Microsoft co-founder Bill Gates. The latter has a net worth of around $90.7 billion (roughly Rs. 5,81,899 crores) and has been at the top of Bloomberg’s rich list since 2013.