Tech titan: Mark Zuckerberg becomes third-richest in the world with net worth of $81.6 billion
Zuckerberg, who trails only Jeff Bezos and Bill Gates, eclipsed Warren Buffett as FB's shares climbed 2.4 %.
By Bloomberg | Updated:
Mark Zuckerberg overtakes Warren Buffett to become third-richest person in the world
By Tom Metcalf and Jack Witzig
Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth.
Zuckerberg, who trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the Bloomberg Billionaires Index.
How Steve Jobs, Daniel Craig And Mark Zuckerberg Were Lured With A Sweet Deal
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If you’re the man for the job, corporations know all about how to seduce you with a sweet deal:
If you’re the man for the job, corporations know all about how to seduce you with a sweet deal:
Steve Jobs
In the late 1990s, Steve Jobs was Apple’s interim CEO when he started toying with the notion of becoming its full-time boss. The Apple board was keen — luring him with the option of buying 14 million shares of company stock. Jobs had other ideas. He wanted a private plane because he hated flying commercial. “What I really need is a plane where I can take my family to Hawaii on vacation,” he said. Apple bought him an $88 million, 16-seater Gulfstream V jet, all taxes paid for. Oh, and Jobs negotiated a deal for 20 million shares of Apple stock too. Do the math.
Steve Jobs
In the late 1990s, Steve Jobs was Apple’s interim CEO when he started toying with the notion of becoming its full-time boss. The Apple board was keen — luring him with the option of buyin..
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Mark Zuckerberg
Facebook may have been accused of not protecting your privacy, but the company pays $20,000 a day to protect its CEO Mark Zuckerberg. The founder was famous for only drawing a $1 salary, yet his perks do all the talking, especially as it’s a record for security costs of any large corporation CEO. Last year, Facebook spent $7.3 million for security at his residences and during personal travel. Meanwhile, Facebook user privacy be damned.
Mark Zuckerberg
Facebook may have been accused of not protecting your privacy, but the company pays $20,000 a day to protect its CEO Mark Zuckerberg. The founder was famous for only drawing a $1 sala..
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Larry Ellison
Even paradise has its share of serpents and large corporations don’t want to take any risks when it comes to their top bosses. Larry Ellison owns most of one of Hawaii’s largest islands Lanai. Ellison’s company Oracle said it required him to install a state-of-the-art security system at his sprawling home because of his ‘importance’ to the firm. Ellison paid that bill, but the company pays more than $1.5 million for his security personnel there, plus foots the private jet fees for him and his family when he flies in and out of Hawaii. In 2015, Oracle also paid $5,780 in legal help for his political donations.
Larry Ellison
Even paradise has its share of serpents and large corporations don’t want to take any risks when it comes to their top bosses. Larry Ellison owns most of one of Hawaii’s largest island..
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Daniel Craig
In 2015, Daniel Craig famously said that he would rather ‘slit his wrists’ than reprise the role of secret agent James Bond. After almost a decade of playing the suave 007, Craig said he was done, spent, finito. It was time to move on. “If I did another Bond movie, it would only be for the money,” he said. Good thing he laid that out. In 2017, Craig confirmed that he would be back in those Savile Row power suits, with two back-to-back movies, one out in November 2019. What did he sign on for? A fat fee of $150 million for both movies. Enough to leave you shaken and stirred for life.
Daniel Craig
In 2015, Daniel Craig famously said that he would rather ‘slit his wrists’ than reprise the role of secret agent James Bond. After almost a decade of playing the suave 007, Craig said h..
It’s the first time that the three wealthiest people on the ranking made their fortunes from technology. Zuckerberg, 34, is now worth $81.6 billion, about $373 million more than Buffett, the 87-year-old chairman and chief executive officer of Berkshire Hathaway Inc.
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Zuckerberg’s ascent has been driven by investors’ continued embrace of Facebook, the social-network giant that shook off the fallout from a data-privacy crisis that hammered its shares, sending them to an eight-month low of $152.22 on March 27. The stock closed Friday at a record $203.23.
Technology fortunes make up about a fifth of the more than $5 trillion in wealth tracked by the Bloomberg index, more than any other sector. The ranking, which tracks the world’s 500 richest people, is updated after the close of each trading day in New York.
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Buffett, once the world’s wealthiest person, is sliding in the ranking thanks to his charitable giving, which he kicked off in earnest in 2006. He’s donated about 290 million Berkshire Hathaway Class B shares to charities, most of it to Gates’s foundation. Those shares are now worth more than $50 billion, according to data compiled by Bloomberg. Zuckerberg has pledged to give away 99 percent of his Facebook stock in his lifetime.
Mark Zuckerberg Names Daughter, August! Here Are Other Over The Top Celebrity Baby Names
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You live with your name all through your life! It is not just something that goes on your birth certificate.
There's no denying the fact that most celebrities love to create a little attention for themselves. More often than not, they're also creative. So what do you get when you have a group of people that crave attention and want to come up with stuff no one has ever thought of before? A whole lot of crazy baby names, that's what!
There are some celebrities who go with good old-fashioned names, but then there's the category of stars who go all out and conjure up names that could be considered downright weird.
Like these.
In Pic: Mark Zuckerberg and his wife Priscilla Chan have announced the birth of their second daughter, who they have named August after she was born this month.
(Image: Facebook)
You live with your name all through your life! It is not just something that goes on your birth certificate.
There's no denying the fact that most celebrities love to create a little attention for t..
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Beyoncé and Jay-Z welcomed fraternal twins Rumi and Sir Carter, on June 17, 2017. They also have a daughter, Blue Ivy, who was born in 2012. There was not any reason given for the name. Reportedly, Blue is Jay Z’s favourite colour.
(Image: Instagram)
Beyoncé and Jay-Z welcomed fraternal twins Rumi and Sir Carter, on June 17, 2017. They also have a daughter, Blue Ivy, who was born in 2012. There was not any reason given for the name. Reportedly, B..
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No, apparently it wasn't just to fit neatly with her last name. There's a meaning behind the moniker. The parents, Kim and Kayne West, have been informing everyone that that, North means highest power. Also, they went with Saint for their boy, was because they felt that the child was truly 'a blessing' in their lives 'because she had such a difficult pregnancy'.
(Image: Instagram)
No, apparently it wasn't just to fit neatly with her last name. There's a meaning behind the moniker. The parents, Kim and Kayne West, have been informing everyone that that, North means highest powe..
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When it comes to naming his children, Jamie Oliver, 41, isn't one for conventional names. The famed TV chef, who already has children Poppy Honey, 14, Daisy Boo, 12, Petal Blossom, six, and five-year-old Buddy Bear with wife Jools, welcomed his fifth child and has opted for another unusual moniker for his newborn son. He took to social media, to announce that the name of his bouncing baby boy is none other than River Rocket.
(Image: Instagram)
When it comes to naming his children, Jamie Oliver, 41, isn't one for conventional names. The famed TV chef, who already has children Poppy Honey, 14, Daisy Boo, 12, Petal Blossom, six, and five-year..
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Does anyone remember the 80s WWF wrestler Dusty Rhodes? Huge, orange guy with bulging muscles, white hair and a crazed look in his eyes. If so, the name Maroon 5's Adam Levine and Victoria's Secret angel Behati Prinsloo have given their daughter may surprise you. The couple, who recently welcomed their baby, have since revealed they are calling her Dusty Rose.
(Image: Instagram)
Does anyone remember the 80s WWF wrestler Dusty Rhodes? Huge, orange guy with bulging muscles, white hair and a crazed look in his eyes. If so, the name Maroon 5's Adam Levine and Victoria's Secret a..
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Forget the computer company and the Beatles’ publishing company as influences. Gwyneth Paltrow, 31, and Coldplay’s Chris Martin, 27, were inspired by a friend to name their baby girl Apple. Apparently, Martin’s North American booking agent's daughter is named Apple, and the couple sought his permission to give their child the same first name if they had a girl. The baby’s middle names, Blythe and Alison, are the names of Paltrow’s and Martin’s mothers, respectively.
(Image: Instagram)
Forget the computer company and the Beatles’ publishing company as influences. Gwyneth Paltrow, 31, and Coldplay’s Chris Martin, 27, were inspired by a friend to name their baby girl Apple. Apparentl..
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Kate Winslet and her first husband, Ned Rocknroll met in unusual circumstances, when a house fire broke out on Richard Branson's Necker Island where they were both holidaying. And, Winslet revealed that she and her then-husband Rocknroll wanted to mark their memorable first meeting by naming their first baby Bear Blaze.
Kate Winslet and her first husband, Ned Rocknroll met in unusual circumstances, when a house fire broke out on Richard Branson's Necker Island where they were both holidaying. And, Winslet revealed t..
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Former One Direction band member, Liam Payne and Cheryl decided to call their baby Bear, and the tot will also be taking his One Direction star dad's surname, Payne. They decided on the unusual name after spending a week getting to know the infant.
(Image: Instagram)
Former One Direction band member, Liam Payne and Cheryl decided to call their baby Bear, and the tot will also be taking his One Direction star dad's surname, Payne. They decided on the unusual name ..
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When Toni Braxton was asked why she had chosen the following names for their children, this was her response: My son Denim, it was supposed to be spelled D-e-n-h-a-m, like Oldham, but when we were in the hospital, in Atlanta, the nurse said ‘how’s little baby Den-ham?’ So we started spelling it like the jean. Some people say it’s French, and some people say it’s English. Diesel,her other son's name she says is German. Her husband is half German, so Diesel is after, Rudolf Diesel, who did the Diesel engine.
(Image: Instagram)
When Toni Braxton was asked why she had chosen the following names for their children, this was her response: My son Denim, it was supposed to be spelled D-e-n-h-a-m, like Oldham, but when we were in..
Read More
Former Spice Girl Geri Halliwell named her daughter, Bluebell Madonna. She opted for this name because the singer's mother had told her that the flowers are becoming increasingly rare.
(Image: Instagram)
Former Spice Girl Geri Halliwell named her daughter, Bluebell Madonna. She opted for this name because the singer's mother had told her that the flowers are becoming increasingly rare.
(Image: Insta..