mark-zuckerberg-worlds-sixth-richest-person-forbes-1

Facebook founder Mark Zuckerberg leapfrogged Oracle chairman Larry Ellison on Wednesday to become the world’s sixth richest person, according to Forbes. After the release of a strong quarterly earnings report from the social media giant, Facebook shares climbed 12% in after-market trading, adding an addition $4.85 billion USD to Zuckerberg’s net worth of now $46.25 billion USD, putting him a whole $2.5 billion USD ahead of Ellison’s $43.6 billion USD. Facebook’s performance beat financial forecasts by a wide margin, increasing revenue by 52% in the fourth quarter to $5.84 billion, while user growth increased 17% in the last year. As the youngest person in the world’s top 10 richest people, Zuckerberg has made known his intentions to donate 99% of his Facebook shares over his lifetime, as well as funding a large portion of the Breakthrough Energy Coalition environmental initiative in collaboration with Bill Gates.