Mark Zuckerberg Tops Warren Buffett to Become the World’s Third-Richest Person

[JonesBones]

Well deserved. Congrats Zuck. You came a long way.

Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth.



Zuckerberg, who trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the Bloomberg Billionaires Index.



It’s the first time that the three wealthiest people on the ranking made their fortunes from technology. Zuckerberg, 34, is now worth $81.6 billion, about $373 million more than Buffett, the 87-year-old chairman and chief executive officer of Berkshire Hathaway Inc.

https://www.bloomberg.com/news/arti...uffett-as-tech-titans-dominate-wealth-ranking

 

[BrotherClaudio]

But how much cash on hand does he have? Buffett's wealth isn't entirely tied into stocks

 

[HAWTRIDDUM]

Thats one rich Android

 

[JonesBones]

But how much cash on hand does he have? Buffett's wealth isn't entirely tied into stocks

He routinely sells loads of shares at around 25 million a pop. I've seen him sell at least 200 million worth just from once in a while looking at insider selling. He has some charity thing set up where the funds go to. He is on a schedule to sell stock and will continue to do it.

 

[JonesBones]

But how much cash on hand does he have? Buffett's wealth isn't entirely tied into stocks

Actually my numbers were quite off. Here is a taste:

 

[JSN]

Crazy. I quit that shit years ago when I got a friend request from my mom.

 

[tonni]

3d place = still a loser.

 

[JonesBones]

Crazy. I quit that shit years ago when I got a friend request from my mom.

Yes, they realized that was a problem and dealt with it. Younger users were being driven to Instagram and Snapchat. Zuck tried to buy Snap but they said no. So he bought Instagram and told them to copy and destroy Snapchat. Which they did. Instagram just hit 1 billion users. It is hotter than Facebook.

 

[Deleted member 457759]

Hes still a scumbag.

 

[Ice That Jaw]

All because of advertising revenue. Yuck. I'm sorry, but I find people who make their fortune off of ads scummy. This goes for all the youtube superstars.

And Facebook as an actual social media platform wasn't even original. At least Bill Gates helped create software that was unique at the time.

 

[Rhood]

It's amazing how much money people will pay for a shit product.

If you're a businessman, killing your rivals with undercover insiders is the smartest way to come out on top.

 

[Prutfis]

4th. Putin in 1st

 

[K1levelgrappler]

 

[Satsui Ryu]

All because of advertising revenue. Yuck. I'm sorry, but I find people who make their fortune off of ads scummy. This goes for all the youtube superstars.

And Facebook as an actual social media platform wasn't even original. At least Bill Gates helped create software that was unique at the time.

Ha. That's funny that you think that.

 

[JonesBones]

Is he eating plain fucking toast? lol.

He's grown on me though. Poor people will hate.

 

[Deleted member 409801]

3d place = still a loser.

If you're not first you're last.

 

[Ice That Jaw]

Ha. That's funny that you think that.

Linux user alert. DirectX wasn't unique? To this day, there still isn't a better alternative that offers the full suite of gaming drivers for video, audio, and controllers.

 

[ThinkGreen]

Actually my numbers were quite off. Here is a taste:

Jesus, must be nice!

 

[IloveTHIS]

Well deserved? Didn't he steal and completely screw over the real creator of FB? And also sell all users personal info off to companies?

Forgive me if I'm wrong, Its been years since I watched that facebook movie.

 

[ToxicShocker]

Actually my numbers were quite off. Here is a taste:

jeeeeeeesus christ. Dude is making like a billion dollars a month.

Any trends in his sales or is it steady? Theres a point at which facebook will no longer look like a peach to investors. That happened for me a few years ago; snapchat sucked from day one. Im glad my short position on snap has been true so far.

Well deserved? Didn't he steal and completely screw over the real creator of FB? And also sell all users personal info off to companies?

Forgive me if I'm wrong, Its been years since I watched that facebook movie.

I think he got the 'idea' for a social networking site from multiple people but he didn't really steal a working prototype.

Those winklevoss cunts played their hand hard cause they knew even a small payoff would be very lucrative. For the record I only call them cunts cause I don't like their faces.