Facebook founder Mark Zuckerberg’s worth has now surpassed $100billion (£770m) as of Thursday, according to the Bloomberg Billionaires Index.
It happened after the company released Reels which is designed to be a main competitor to social media platform TikTok.Investors became more optimistic in Facebook following the releaser of the new Instagram feature, which was released as TikTok faces a potential ban in the US as president Donald Trump continues to crack down on China.Stock in the company climbed by 6.5% on Thursday, just one day after the launch of its new platform.The company itself is now estimated to be worth an eye-watering $720billion (£550billion).Billionaire Zuckerberg, 36, now joins an exclusive group of cenibillionaires who.