Tech billionaires are getting richer rapidly. Mark Zuckerberg's assets alone have grown by $ 22 billion since the beginning of the year. The Facebook founder is worth a whopping 100 billion dollars.
Mark Zuckerberg's net worth hit the $ 100 billion mark for the first time. This comes from the "billionaires index" compiled by the financial news agency Bloomberg. The Facebook boss is behind Jeff Bezos and Bill Gates in third place on the list of the world's richest people.
The corona crisis is making a significant contribution to tech billionaires becoming even richer, as many activities are increasingly taking place online due to the pandemic. Against this background, the fortunes of the founders of Facebook, Amazon and Microsoft have grown tremendously this year.
Zuckerberg has grown by around $ 22 billion, Bezos by $ 75 billion and Gates by $ 7 billion. The major Amazon shareholder is now $ 190 billion, the Microsoft founder $ 120 billion.
Zuckerberg's assets mainly consist of his Facebook shares, which he owns 13 percent of the shares. The value of his share package has risen by almost 30 percent since the beginning of the year, on Thursday alone the Facebook shares gained more than 6 percent in value. The reason for the latest boost: The Facebook subsidiary Instagram is challenging the popular Tiktok video platform with its own offer. She announced that the Reels function for creating short video clips, which has been available in Germany since June, will now be offered in more than 50 countries.
Reels can be used to create videos up to 15 seconds long and add music and a range of effects to them. Facebook is copying from the successful competitor Tiktok of the Chinese provider Bytedance. The video platform is part of their everyday digital life for hundreds of millions of young people around the world – and US President Donald Trump wants to force the sale of the platform to Microsoft.
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