{"id":253027,"date":"2018-06-21T08:30:50","date_gmt":"2018-06-21T06:30:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=253027"},"modified":"2018-06-21T08:30:50","modified_gmt":"2018-06-21T06:30:50","slug":"zuckerbergs-fortune-comes-close-to-topping-buffett-on-the-worlds-richest-rankings","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/253027\/zuckerbergs-fortune-comes-close-to-topping-buffett-on-the-worlds-richest-rankings\/","title":{"rendered":"Zuckerberg&#8217;s fortune comes close to topping Buffett on the world&#8217;s richest rankings"},"content":{"rendered":"<p>Facebook co-founder Mark Zuckerberg came within a whisker of leapfrogging Warren Buffett to be the world\u2019s third-richest person this week.<\/p>\n<p>Zuckerberg, more than a half-century younger than the Berkshire Hathaway chairman, is now worth $81.6 billion, having gained $8.8 billion this year as Facebook shook off a data-privacy crisis that caused its stock to tumble 18%.<\/p>\n<p>Its rebound from a low of $152.22 on 27 March to close at a record $202 narrowed the gap with Buffett to a &#8216;mere&#8217; <strong>$29 million difference<\/strong>, according to the Bloomberg Billionaires Index.<\/p>\n<p>The recovery in Facebook shares has rewarded other insiders as well, including chief operating officer Sheryl Sandberg, who\u2019s now worth $1.8 billion, and chief technology officer Michael Schroepfer, whose 0.05% holding is valued at $225 million.<\/p>\n<p>Zuckerberg, 34, also trails Amazon.com founder Jeff Bezos, the world\u2019s richest person with a $144.8 billion fortune, and Microsoft Corp. co-founder Bill Gates, with $92.8 billion.<\/p>\n<p>The Bloomberg index ranks the world\u2019s 500 richest people and is updated after the close of each trading day in New York.<\/p>\n<p>Buffett, 87, once the world\u2019s wealthiest person, is sliding in the ranking thanks to his charitable giving, which he kicked off in earnest in 2006.<\/p>\n<p>He\u2019s donated about 290 million Berkshire Hathaway Class B shares to charities, most of it to Gates\u2019s foundation. Those shares are now worth more than $50 billion, according to data compiled by Bloomberg. Zuckerberg has pledged to give away 99 percent of his Facebook stock in his lifetime.<\/p>\n<p>At 08h00 SAST on Thursday (21 June), these are the world&#8217;s richest people according to the Bloomberg Billionaires Index:<\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"10%\">Rank<\/th>\n<th bgcolor=\"#CCCCCC\" width=\"50%\">Name<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"40%\">Total net worth<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">1<\/td>\n<td>Jeff Bezos<\/td>\n<td style=\"text-align: center;\">$145 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">2<\/td>\n<td>Bill Gates<\/td>\n<td style=\"text-align: center;\">$92.8 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><strong>3<\/strong><\/td>\n<td><strong>Warren Buffett<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$81.6 billion<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><strong>4<\/strong><\/td>\n<td><strong>Mark Zuckerberg<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>$81.6 billion<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">5<\/td>\n<td>Amancio Ortega<\/td>\n<td style=\"text-align: center;\">$74.4 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">6<\/td>\n<td>Bernard Arnault<\/td>\n<td style=\"text-align: center;\">$74.3 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">7<\/td>\n<td>Larry Page<\/td>\n<td style=\"text-align: center;\">$57.2 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">8<\/td>\n<td>Carlos Slim<\/td>\n<td style=\"text-align: center;\">$56.9 billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">9<\/td>\n<td>Sergey Brin<\/td>\n<td style=\"text-align: center;\">$55.7\u00a0billion<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">10<\/td>\n<td>Larry Ellison<\/td>\n<td style=\"text-align: center;\">$49.4 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/wealth\/252297\/a-look-inside-sa-billionaire-douw-steyns-r250-million-palace\/\" target=\"_blank\" rel=\"noopener\">A look inside SA billionaire Douw Steyn\u2019s R250 million \u201cpalace\u201d<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>These are the richest people in the world right now.<\/p>\n","protected":false},"author":59,"featured_media":37221,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26],"class_list":["post-253027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/253027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=253027"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/253027\/revisions"}],"predecessor-version":[{"id":253039,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/253027\/revisions\/253039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/37221"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=253027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=253027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=253027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}