Facebook founder, Mark Zuckerberg is now the third richest man in the world

Facebook founder, Mark Zuckerberg has made the third richest man in the world, overtaking Warren Buffett on Bloomberg’s list of the world’s richest people.

Zuckerberg achieve this fit on Friday as Facebook shares rose 2.4 percent, Bloomberg has reported. Before Zuckerberg were Amazon  giants CEO Jeff Bezos, in the No. 1 spot, and Microsoft co-founder Bill Gates.

The daily rankings of the world’s 500 richest people compiled by the Bloomberg Billionaires Index showed the top 3 remained the same as at  Saturday. Zuckerberg is now valued at $81.6 billion, which is $400 million more than Buffett, chairman of the Berkshire Hathaway investment group.

Zuckerberg’s California-based facebook business has more than 2 billion active monthly users. The company’s stock has reached a record high despite ongoing questioning over its Cambridge Analytica data breach that leaked personal information of up to 87 million people, MarketWatch reported.

Zuckerberg has however pledged to give away 99 percent of his Facebook stock away in his lifetime, his Bloomberg profile shows. Further, Zuckerberg has given $3.58 billion in stock sales away this year alone to a charity initiative he set up with his wife, Priscilla Chan, in 2015