36-Year-Old Facebook Founder, Mark Zuckerberg, Becomes World 3rd Centibillionaire36-year-old Facebook founder, Mark Zuckerberg, has emerged the third centibillionaire in the World, Bloomberg Billionaires Index says.

Bloomberg Billionaires Index further said that Zuckerberg’s fortune has topped $100bn for the first time, placing him among members of the world’s centibillionaires’ club.

This comes after Mark’s Facebook’s shares surged by 6% on investor optimism over the news the company plans to launch Instagram Reels, a rival to the Chinese video-sharing application TikTok.

Facebook announced the US rollout of Instagram Reels after US President Donald Trump banned US companies from dealing with ByteDance and Tencent, the Chinese owners of TikTok and the WeChat messaging service.

The 36-year old media magnate has now joined Jeff Bezos, the Amazon founder, and Bill Gates, Microsoft’s founder, as the only people who have centibillionaire status, the Bloomberg Billionaires Index said.

Mark Zuckerberg, who founded Facebook in 2004 and owns a 13% stake in the company, gained about US$22 billion this year.

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Ukamaka Doris, a graduate of Mass Communication, from Nnamdi Azikiwe University, Awka has a flair in writing and news reporting which led her into blogging. Previously, Ukamaka Doris has worked as an editor at primepost.ng and presenter at Unizik FM, 94.1, Awka. Ukamaka Doris can be contacted via phone call at 08167016206

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