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Mark Zuckerberg takes Warren Buffett's spot as world's third-richest person

He's got *so* much more money than you.

Abrar Al-Heeti Technology Reporter
Abrar Al-Heeti is a technology reporter for CNET, with an interest in phones, streaming, internet trends, entertainment, pop culture and digital accessibility. She's also worked for CNET's video, culture and news teams. She graduated with bachelor's and master's degrees in journalism from the University of Illinois at Urbana-Champaign. Though Illinois is home, she now loves San Francisco -- steep inclines and all.
Expertise Abrar has spent her career at CNET analyzing tech trends while also writing news, reviews and commentaries across mobile, streaming and online culture. Credentials
  • Named a Tech Media Trailblazer by the Consumer Technology Association in 2019, a winner of SPJ NorCal's Excellence in Journalism Awards in 2022 and has three times been a finalist in the LA Press Club's National Arts & Entertainment Journalism Awards.
Abrar Al-Heeti
Mark Zuckerberg

We'd be this happy too if we were as rich as Mark Zuckerberg.

Getty Images

Facebook CEO Mark Zuckerberg has taken Warren Buffett's place as the third-richest person in the world, Bloomberg reported Friday.

Zuckerberg falls just behind Amazon CEO Jeff Bezos and Microsoft co-founder Bill Gates , according to the Bloomberg Billionaires Index. The publication notes that it's the first time the three richest people became wealthy through technology. 

Zuckerberg, who is 34, is worth $81.6 billion. That's around $373 million more than Buffett, 87, who is chairman and CEO of Berkshire Hathaway. Buffett was once the richest person in the world but has lost that ranking since amplifying his charity efforts in 2006, according to Bloomberg. Zuckerberg has also reportedly said he'd give up 99 percent of his Facebook stock in his lifetime.

Despite Facebook's scandal this year involving Cambridge Analytica, a digital consultancy that improperly accessed data on up to 87 million Facebook users without their consent, the company said in April that sales rose almost 50 percent year over year to $11.97 billion.

Technology fortunes make up around one-fifth of the over $5 trillion in wealth tracked by Bloomberg's index, it said. The ranking tracks the 500 richest people in the world and is updated at the close of every trading day in New York.