According to the Bloomberg Billionaires Index, Facebook CEO Mark Zuckerberg is now the sixth-richest person on earth and the fourth-richest person in the United States, his net worth surpassing that of the politically influential Koch brothers.
Facebook reported 1/4 of the reported income, with gross sales up 52% and web earnings more than doubling since the final year. Zuckerberg’s wealth rose by $6bn on Thursday, taking his net worth to $47.5bn.
Charles and David Koch, who run the privately held firm Koch Industries and are known for their financial support of Republican candidates, are valued at $45.9bn.
Out of the 100 richest people, Zuckerberg is one of only seven billionaires to see their web value rise this year, according to Bloomberg’s daily ranking of the world’s richest 400 people.
The 31-year-old social media CEO remains to be positioned behind 5 different billionaires: Microsoft founder Bill Gates ($78bn), Spanish Vogue businessman Amancio Ortega ($69.7bn), American businessman Warren Buffett ($59.4bn), Amazon CEO Jeff Bezos ($55.8bn) and Mexican enterprise magnate Carlos Slim ($48.6bn). But collectively, the 5 billionaires have misplaced $19bn this month due to the world inventory slide.
Last month, with the start of his first child, Zuckerberg promised to donate most of his fortune to the Chan Zuckerberg Initiative, an organization arranged by himself and his spouse, Priscilla Chan. The initiative will lobby for political change, fund philanthropic causes, and invest in firms.
