Facebook Mark Zuckerberg is richer than Amazon CEO Jeff Bezos now
Not only was Jeff Bezos bested by Elon Musk in the race to space, he has also fallen a step behind a much younger rival in the race for riches.
Mark Zuckerberg, the founder and CEO of Facebook and All-American Dad, passed Amazon CEO Jeff Bezos on Tuesday to become the fourth richest person in the world, according to data from the Bloomberg Billionaires Index.
Zuckerberg's net worth, hovering around the $50 billion mark, is now ahead of all his billionaire peers in the technology industry except one: Microsoft founder Bill Gates.
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The Facebook CEO has seen his fortunes soar in recent days after the social networking company posted flawless holiday quarter earnings results fueled by its continued success making money from smaller smartphone and tablet screens.
Amazon, on the other hand, posted its first $100 billion sales year, but disappointed Wall Street by doing what it always does: re-investing that back in the business and turning a scant profit.
Zuckerberg and his wife Dr. Priscilla Chan have pledged to commit nearly all of their vast wealth to philanthropy and public advocacy through the newly created Chan Zuckerberg Initiative.
Bezos appears intent to spend his wealth on rockets and newspapers.
To each his own.
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Seth Fiegerman was a Senior Business Reporter at Mashable, where he covered startups, marketing and the latest consumer tech trends. He joined Mashable in August 2012 and is based in New York.Before joining Mashable, Seth covered all things Apple as a reporter at Silicon Alley Insider, the tech section of Business Insider. He has also worked as a staff writer at TheStreet.com and as an editor at Playboy Magazine. His work has appeared in Newsweek, NPR, Kiplinger, Portfolio and The Huffington Post.Seth received his Bachelor of Arts from New York University, where he majored in journalism and philosophy.In his spare time, Seth enjoys bike riding around Brooklyn and writing really bad folk songs.
