The CEO of popular social media and social networking site Facebook on Friday overtook Warren Buffett to become the third most richest man in the world.
According to Bloombergs report, Mark Zuckerberg took over Warren Buffet as Facebook shares increased by 2.4 percent.
This past few months, the social network giants has face numerous scandals which has lead to the company falling into a stock market and lose some of its dominant position.
But now, the social network giant Facebook has turned around again and has returned to reach a maximum stock market valuation.
These changes however made a great impact to Mark Zuckerberg’s personal fortunes as he now Worth’s $81.6 billion, which is nearly $400 million more than Warren Buffett and securing him the third position in the Bloomberg Billionaires Index.
Amazon CEO, Jeff Bezos now holds the first position on the list with a fortune valued at 142 billion dollars and Microsoft Co-founder, Bill Gates takes the second spot with a personal fortune of 94.2 billion dollars.
Warren Buffett had dominated the top spot for several years and now lost the spot due to his several donations, primarily to the Bill & Melinda Gates Foundation.