Facebook CEO Mark Zuckerberg shares his feeling of joy as he joins Jeff Bezos and Bill Gate in bearing the centi-billionaire status according to Bloomberg Billionaire index. With his 13% stake in Facebook, Zuckerberg made $22 billion and Jeff Bezos $75 billion added to their fortune this year despite the sinking US economy. Adding to his fortune, the billionaire is now worth $100 billion and more, on announcing his release on TikTok reels.
News of Zuckerberg’s expanded fortune comes soon after Facebook released Instagram Reels, a feature largely perceived as a TikTok competitor. Facebook is also still in the limelight following the Big Tech and congress showdown on July 29 in which Zuckerberg and the CEOs of Amazon, Apple, and Google were grilled by lawmakers over antitrust concerns.
zuckerberg, who founded the social media giant from his Harvard University dorm room in 2004, has said he plans to give away 99% of his Facebook shares over his lifetime.