Congratulations to Mark Zuckerberg the World Third Richest man: Checkout his Net Worth

Congratulations to Mark Zuckerberg the World Third Richest man: Checkout his Net Worth

Congrats to facebook CEO Mark Zuckerberg as he secured the third place sit to become the world third richest man. The Facebook co-founder overtakes Warren Buffett who was the third richest man to secure the sit.

Although his the third presently, Zuckerberg is also below Amazon.com founder Jeff Bezos and Microsoft co-founder Bill Gates. Looking at this three great men, you can see that technology is the solidifying way for creator of wealth.

It’s the first time that the three wealthiest people on the ranking made their fortunes from technology. Zuckerberg, 34, is now worth $81.6 billion (approximately N29.4 trillion), about $373 million (roughly N134.4 million) more than Buffett, 87, chairman and chief executive officer of Berkshire Hathaway Inc.

Zuckerberg’s ascent has been driven by investors’ continued embrace of Facebook, the social-network giant that shook off the fallout from a data-privacy crisis that hammered its shares, sending them to an eight-month low of $152.22 (about N54,900) on March 27. The stock closed Friday at a record $203.23 (roughly N73,300).

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Technology fortunes make up about a fifth of the more than $5 trillion (about N1.8 quadrillion) in wealth tracked by the Bloomberg index, more than any other sector. The ranking, which tracks the world’s 500 richest people, is updated after the close of each trading day in New York.

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