Facebook CEO and billionaire, Mark Zuckerberg becomes 5th richest man in the world with a net worth of $71.3 billion.
The 34-year-old’s net worth jumped $5.5 billion in the week, April 25th, Zuckerberg’s gain was by far the biggest of the week, but he is in good company. The fortunes of Zuckerberg and four other tech billionaires, including Amazon’s Jeff Bezos, rose by a collective $13 billion in seven days.
The positive quarterly earnings report overshadowed news that Facebook is setting aside as much as $5 billion to pay a fine to the Federal Trade Commission over privacy issues.
Zuckerberg’s gain was by far the biggest of the week.