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Mark Zuckerberg turned out third richest person in the world overtaking Warren Buffett

Mark Zuckerberg turned out third richest person in the world overtaking Warren Buffett

Facebook’s co-founder, Mark Zuckerberg has further climbed up the list of richest men in the world as now he is richer than Warren Buffet, making it to top 3 in the list of richest people in the world.

According to Bloomberg Billionaires Index, Mark has surpassed Warren Buffett (CEO of Berkshire Hathaway) and is now the third richest person in the world.

Not to know, 34-year-old Zuckerberg previously was on number 5 at the list of richest people in the world with an estimated asset worth $71 billion. After his new Index he has a net worth of $81.6 billion, making him $373 million richer than 87-year-old Buffett.

Despite the eight-month clash and massive Cambridge Analytica controversy over the Facebook’s handling of user data, company went through a short of $152.22 in late March. However, company’s stock has raised about 15% after that. Shares have since raised 2.4 % and were at $203.23 on Friday.

Must Read: Are we moving towards a world without Facebook?

First time top three emerges from Tech field

It is important to mention here, this is the first time that the 3 wealthiest persons on the list have come from the technology sector.

Here you can see the top three richest people in the world, and interestingly they all have tech background.

  1. Amazon CEO Jeff Bezos with $142 billion assets
  2. Microsoft founder Bill Gates with 94.2 billion assets
  3. Facebook’s co-founder, Mark Zuckerberg with $71 billion assets

Once upon a time, Buffett was ranked as the world’s wealthiest person, however, now he has slipped down to number four, mainly in part to his charitable giving. As, since 2006, Buffett has given away about $290 million Berkshire Hathaway B-shares and many of them were for the Gates Foundation. If we calculated that amount for today’s worth then those shares are worth approximately $54 billion, which could’ve easily made him the second richest person on the earth.

On the other hand, Zuckerberg have also made charitable donations, but they’re small enough that they have not had any major effect on his wealth. Zuckerberg also has promised to give away 99 % of his wealth within his lifetime.

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