Facebook chief joins Bezos, Gates as world’s only centibillionaires
Mark Zuckerberg’s fortune has topped $100bn for the first time, placing him among members of the world’s centibillionaires’ club. This comes after Facebook’s shares surged by 6% on the news that the company plans to launch Instagram Reels, a rival to the Chinese video-sharing application TikTok. According to the Bloomberg Billionaires Index, Facebook’s CEO has joined Amazon’s CEO, Jeff Bezos, and Microsoft’s founder Bill Gates, as the only people with centibillionaire status.