The man who created Facebook in his dorm room is now worth at least $100 billion.
Mark Zuckerberg’s fortunes have risen even more, propelling the Facebook founder and CEO into the ranks of the “centibillionaires” — those whose net worth is at least $100 billion.
As of Thursday, according to the Bloomberg Billionaires Index, the 36-year-old Zuckerberg was the third-richest person in the world, right behind Bill Gates, worth $120 billion, and Jeff Bezos, worth $190 billion. His net worth — the majority of which is derived from a 13% stake in Facebook — is 1,590,552 times the median U.S. household income, Bloomberg reported.
The bump in Zuckerberg’s fortunes occurred as Facebook stock jumped up 6.3% one day after the company’s Wednesday release of Instagram Reels, a short video feature so reminiscent of a certain rival social media network that TikTok CEO Kevin Mayer outright declared it a “copycat product.”
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