Facebook’s CEO has joined Amazon’s CEO, Jeff Bezos, and Microsoft’s founder Bill Gates, as the only people with centibillionaire status. According to the Bloomberg Billionaires Index Bloomberg Billionaires Index, Mark Zuckerberg’s fortune has topped $100bn for the first time, placing him among members of the world’s centibillionaires’ club. This comes after Facebook’s shares surged by 6% on the news that the company plans to launch Instagram Reels, a rival to the Chinese video-sharing application TikTok. The 36-year old media magnate has joined Jeff Bezos, the Amazon founder, and Bill Gates, Microsoft’s founder, as the only people who have centibillionaire status, the Bloomberg Billionaires Index said. Zuckerberg, who founded Facebook while a student at Harvard in 2004, owns a 13% stake in the company. Earlier, he said that he was going to give away 99% of his Facebook shares over his lifetime to charity.
President Bola Tinubu has cleared the outstanding payment that the Federal Government owed the Super Eagles and other sporting...
Super Eagles goalkeeper, Stanley Nwabali is now a chief in his hometown in Rivers State. Nwabali, who led Nigeria...
Judge’s absence has stalled the trial of Nigerian singer Azeez Fashola, a.k.a Naira Marley, who has been charged with...