Mark Zuckerberg Soon to Replace Warren Buffett as World's Third-Richest Person
Facebook co-founder gains $1.7 billion after Instagram television announcement.
Facebook stocks rose 2.3 percent after Instagram announced a new television feature on Wednesday, putting another $1.7 billion in Zuckerberg’s pocket.
Buffett, who used to be the world’s richest person, is now worth $81.6 billion. He has given a considerate amount of his fortune to charity over the last 12 years. Zuckerberg is currently only $725 million behind, not even half the amount of money he made yesterday.
Analysts predict Facebook Messenger’s potential monetization to generate an extra $6 billion by 2020, which would put Zuckerberg far ahead of Buffett.
Only 34, Zuckerberg is the youngest person in the world’s richest top ten. Instagram’s new feature made Zuckerberg the title-holder for earning the most money in one day. Following Buffett’s charitable suit, Zuckerberg pledges to donate 99 percent of Facebook stocks over the course of his lifetime.
Entrepreneur Editors' Picks
Kale Was a Garnish Before This Creative Genius Made It Famous. Here's How She Did It — and What She's Planning Next.
Telling Your Brand Story Is Crucial. 4 Steps to Ensure That It Resonates.
This Baker Was Told Not to Speak Spanish With Colleagues, So She Started Her Own Cake Company That Values Employees Just as Much as Customers
Improving Yourself Takes 9.6 Minutes of Work Each Day
Meet the Women Behind Some of McDonald's Most Iconic (and Essential) Ingredients — and How They're Setting New Standards
Remote Work Shouldn't Be Up for Debate
Employees Are Over Foosball Tables and Free Snacks. Your Company Culture Needs This Instead.