Facebook CEO Mark Zuckerberg is world’s third richest person

Facebook CEO Mark Zuckerberg becomes the world's third wealthiest person passing Warren Buffett

Zuckerberg now trails only Amazon founder Jeff Bezos and Microsoft Corp co-founder Bill Gates.

Facebook founder Mark Zuckerberg has leapfrogged legendary investor Warren Buffett to become the third-richest person on earth, according to Bloomberg's Billionaires Index.

Company stock prices are up this year about 15 percent, even though they hit an eight-month low in late March after a wall of complaints over controversial data sharing by the social media giant.

For the first time, the three richest people alive are all tech titans.

A record high for Facebook Inc. stock has reportedly pushed Chief Executive Mark Zuckerberg's wealth beyond that of famed investor Warren Buffett. Berkshire Hathaway bought about 75 million shares of Apple stock during the first three months of the year, adding to the 165 million shares it already had.

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When Mark Zuckerberg said, as CNBC reported, that there hasn't been "any meaningful impact" in the behavior of users or buying pattern of advertisers, he expressed regret over betraying the trust of Facebook users, but the company clearly did not betray the trust of its shareholders.

The so-called bug was active May 29 and June 5, and after the bug issue, Cambridge Analytica data scandal involving 87 million users brought Facebook in the limelight.

Facebook appears to have made it through its worst storm to date, though.

Zuckerberg's net worth increased to $81.6 billion on Friday after Facebook shares went up 2.4%.

Buffett has donated about 290 million of his shares in Berkshire Hathaway to charities - an equivalent of about $50 billion. Forbes recently estimated the United States president's wealth at $US3.1b, based on his inheritance from his father, real estate mogul Fred Trump, and his property holdings today (Mr Trump himself puts his wealth at above $US10b, without offering any breakdown).

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