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This is an archive article published on August 21, 2020

Mark Zuckerberg’s net worth surges past $100-billion following rise in Facebook stock

Mark Zuckerberg’s net worth: Facebook shares climbed 2.44 per cent to end at $269.01 apiece on the Nasdaq on Thursday. This led to a $2.36 billion rise in Zuckerberg's net worth, the latest data from the Bloomberg Billionaires Index showed.

Facebook, Facebook content policies, Facebook Trump, Mark Zuckerberg, Mark Zuckerberg to review facebook content policiesFacebook CEO Mark Zuckerberg (AP Photo/Nick Wass, File)

Facebook Founder and CEO Mark Zuckerberg’s total wealth surged above the $100 billion-mark on Thursday following a rise in the shares of the social media giant.

Facebook shares climbed 2.44 per cent to end at $269.01 apiece on the Nasdaq on Thursday. This led to a $2.36 billion rise in Zuckerberg’s net worth, the latest data from the Bloomberg Billionaires Index showed.

The net worth of Facebook’s boss now stands at $102 billion. He currently trails behind Amazon’s founder and CEO Jeff Bezos, who is sitting at the top of the mountain with a net worth of $194 billion, and Microsoft’s founder Bill Gates, who has a net worth of $122 billion, according to the Bloomberg Billionaires Index.

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However, it is not the first time Zuckerberg’s net worth breached the $100 billion mark. Earlier this month, his net worth had crossed $100 billion when Facebook shares had hit a record high.

Following Mark Zuckerberg in the list are Elon Musk – the founder and CEO of Tesla and SpaceX – with a net worth of $95.2 billion. Musk’s total worth has rallied during the past few sessions. In the year-to-date period, Musk’s wealth has swollen by a whopping $67.6 billion, only behind the world’s richest person Jeff Bezos, who has witnessed a rise of $79.2 billion.

Musk is followed by France’s Bernard Arnault – the chairman and CEO of LVMH Moet Hennessy Louis Vuitton – who is having a net worth of $82.4 billion.

India’s own Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani, who is also the richest man in Asia, is placed at sixth position in the list of billionaires, with a net worth of $78.7 billion. He is followed by ace US investor and businessman Warren Buffett with a net worth of $78.0 billion.

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