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Zuckerberg's Net Worth Exceeds $100 Billion for the First Time

The coronavirus outbreak is causing difficult times for many companies all over the world, but despite this, the majority of billionaires continue to increase their wealth.

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Zuckerberg's Net Worth Exceeds $100 Billion for the First Time
ZEYNART JOURNAL GENERAL
TL;DR (AI QUICK SUMMARY)

The coronavirus outbreak is causing difficult times for many companies all over the world, but despite this, the majority of billionaires continue to increase their wealth.

The coronavirus outbreak is causing difficult times for many companies around the world, but despite this, the majority of billionaires continue to add to their wealth. According to the new report prepared by Bloomberg, Facebook's CEO Mark Zuckerberg He increased his net worth to 100 billion dollars. Previously, the net worth of Amazon's CEO Jeff Bezos and Microsoft's co-founder Bill Gates 100 billion dollars It was known that he had passed. Now, Zuckerberg, the owner of social media and messaging platforms such as Facebook, Instagram and WhatsApp, has joined this duo.

The $100 billion threshold came after the release of Instagram Reels 

After Instagram released Reels, the company's shares rose by 6 percent. This rise benefited Zuckerberg the most. Facebook's shares 13 percentZuckerberg, who has the reputation of reels With this, he managed to grow his wealth even more and exceed 100 billion dollars. 

Used by billions of people for hours every day Instagram, Facebook, WhatsApp We have seen that platforms such as increased the number of users and duration of use during the pandemic. Although there were minor fluctuations in advertising revenues, it seems that this process had a positive impact on Facebook.

Facebook and Zuckerberg, who have received great criticism, especially in recent years, for interfering in the elections of countries such as the USA, now seem to have completely escaped from this process. Zuckerberg continues to grow both as a company and individually. TikTokReels, which is a rival to , can also reach higher incomes if its popularity increases. 

Mark Zuckerberg, the founder and CEO of Facebook, has owned shares throughout his life in the past years. will sell 99 percent he said. Zuckerberg, who is now only 36 years old, also became the youngest person to exceed the $100 billion threshold. 

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