the CEO of the most used social media account Facebook has become the world's sixth richest person in the world after Facebook surpassed Oracle Chairman Larry Ellison's after-hours trading on Wednesday.
The social media's stock climbed by 12% last Wednesday, resulting to Zuckerberg's net worth increase of $4.85 billion. The present value of Zuckerberg is now at $46.25 billion.
According to Facebook's official statement, they have beaten their own revenue and earnings forecasts for the fourth quarter of last year. "Revenue was up 52% in the fourth quarter, with mobile revenue accounting for 80% of the total $5.84 billion in revenue." This came after the social media growth also increased by 17%.
At present, Zuckerberg, who is 31 years old, is now considered to be the youngest of the world's 10 wealthiest people. Zuckerberg is currently the 4th richest in the United States and 6th richest in the world.
Zuckerberg is also considered to be one of the only three billionaires among the 20 richest people on Earth whose worth have increased this year. This is based on the daily ranking of the world's 400 richest people.
Meanwhile, in December 2015, Zuckerberg has vowed to donate 99% of his Facebook shares to the Chan Zuckerberg Initiative for the rest of his life.
On another note, the five billionaires, namely, Bill Gates, Amancio Ortega, Warren Buffett, Jeff Bezos and Carlos Slim, have a combined loss of around $24 billion so far, as reported by The Star, this month through Wednesday trading. This came as a result of "global equities slump amid dimming investor expectations of global growth."
Last year, Zuckerberg ranked as the ninth richest person in the world with a net value of $42.9 billion.
The following are the current values of the top five richest in the world:
Bill Gates, $77.9 billion, down $5.9 billion
Amancio Ortega, $70.2 billion, down $2.7 billion
Warren Buffett, $59.1 billion, down $3.2 billion
Jeff Bezos, $51.9 billion, down $7.8 billion
Carlos Slim, $47.8 billion, down $4.5 billion
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