When you think of Mark Zuckerberg lately, you’re probably thinking about how toilsome of a year that Facebook had between the Cambridge Analytica scandal, testifying in front of Congress, helping spread fake news, providing 60 device makers to the personal data of users, and allowing most of their two billion users accounts to be scraped. But before you shed a tear for Mr. Zuckerberg, realize that despite all of these controversies he is the wealthiest he has ever been in his life. So rich in fact, that he is about to unseat Warren Buffett as the third-richest person in the world. Not too shabby for the dude who invented Facemash, a pre-Facebook hot or not website where you could rate people’s attractiveness.
Zuckerberg is having a heck of a week, as Facebook shares rose 2.3% on Wednesday from the news of Instagram TV. This bump gifted the Facebook CEO and co-founder $1.7 billion. The incredible wealth-creating boon put Zuck on track to take down Buffett for the third-most richest person in the world. The 34-year-old Zuckerberg is only $29 million behind the chairman and CEO of Berkshire Hathaway, who has a net worth of $81.6 billion, according to Bloomberg.
In February, Jeff Bezos dethroned Bill Gates as the richest person in the world with a net worth of $144.8 billion. Zuckerberg, who is the youngest person in the world’s top ten, is only expected to make even more ludicrous amounts of money in the future. Analysts predict the monetization of Facebook’s Messenger could generate an extra $6 billion in revenue by 2020. Imagine having so much go wrong with your company in the span of months and still making billions? nice gig if you can get it.