Founder Of Facebook, Mark Zuckerberg’s Net Worth Increases By $3.5 Billion

Shares of Social Media platform, Facebook have increased by almost 40% since the beginning of 2017 and continue to increase. The figure is expected to soar even higher in the second quarter of the year.

The astronomical increase in shares has padded the net worth of Mark Zuckerberg, the founder and  CEO who holds roughly 17% of Facebook’s outstanding shares and a majority of its voting rights by $3.5 billion.

The 33 years old billion adjuded by Forbes Magazine as the sixth-richest person on the planet is now worth a record high of an estimated $66.7 billion.

Zuckerberg is the only person within the age thirty bracket to rank in the top 50 richest people on the planet.

Facebook was founded by Zuckerberg in 2004 then a sophomore at Harvard but later dropped out. It started as a small social networking platform for Ivy League universities but has grown into a giant company with more than 2 billion monthly active users according to available data.

The Facebook founder is not the only technology billionaire to have a lucrative week. The net worth of Bill Gates, the planet’s wealthiest individual, rose $900 million to an estimated $90 billion.

Amazon founder, Jeff Bezos, the world’s second-richest person also did spectacularly well as his fortune jumped $1.9 billion, to an estimated $85.2 billion.

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