Mark Zuckerberg’s fortune passed a $100 billion mark for the first time on Thursday, August 6, after his company Facebook Inc hit a record profit after the release of Reels.
According to Bloomberg, Zuckerberg joined the league of centibillionaires of Jeff Bezos and Bill Gates.
It should be noted that his fortune largely comes from his 13% stake in Facebook.
The development adds to the fact that American tech titans have had their fortune take a huge surge in 2020 as the coronavirus pandemic makes people conduct their activities online more.
The Facebook founder gained about $22 billion in 2020 alone, while Bezos is said to have raked in more than $75 billion.
This sudden jump of fortune also came with its pressures too as the American tech founders have lately been under a lot of scrutinies.
For instance, Tim Cook, CEO of Apple Inc. had to defend the allegation that their power was uncontrollable.
The same media reported all five American largest tech companies; Apple, Amazon, Facebook, Alphabet, and Microsoft have a market value estimated to be around 30% of US GDP, 9