Facebook CEO “Zuckerberg” Becomes World’s Third Centibillionaire

According to the Bloomberg
Billionaires Index, Facebook’s CEO has joined Amazon’s CEO, Jeff Bezos, and
Microsoft’s founder Bill Gates, as the only people with centibillionaire

Zuckerberg’s fortune has topped $100bn for the first time, placing him among
members of the world’s centibillionaires’ club. This comes after Facebook’s
shares surged by 6% on the news that the company plans to launch Instagram
Reels, a rival to the Chinese video-sharing application TikTok.
Earlier this week, US President
Donald Trump
 US companies from dealing with ByteDance and Tencent –
the Chinese owners of TikTok and the WeChat messaging service. 

The 36-year old media magnate has
joined Jeff Bezos,
the Amazon founder, and Bill
, Microsoft’s founder, as the only people who have
centibillionaire status, the Bloomberg Billionaires Index said.
Zuckerberg, who
founded Facebook while a student at Harvard in 2004, owns a 13% stake in the
company. Earlier, he said that he was going to give away 99% of his Facebook
shares over his lifetime to charity.

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