Facebook Mark Zuckerberg Worth Increases To $100bn

Facebook co-founder, Mark Zuckerberg, has seen his personal wealth hit $100 billion (£76 billion), 16 years after commencement from his university dorm room.

He has joined Jeff Bezos of Amazon and Microsoft’s Bill Gates in the “Centibillionaire Club”.

The latest upsurge to Zuckerberg’s wealth came following Facebook launch of a new short-form video feature on Wednesday.

The 36-year-old’s personal wealth gained about $22bn (£16.8 billion) this year, while Mr Bezos’s wealth has grown above $75bn (£57 billion), according to Bloomberg.

This news came just after US President Donald Trump approved an executive order placing ban on US trade with ByteDance, the Chinese company, owner of the video-sharing app TikTok.

The order, which will be effective in 45 days, comes after his government alerted it was putting more efforts to purge “untrusted” Chinese apps.

Tencent, owner of WeChat app, is being targeted with same measures.

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