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Facebook founder, Mark Zuckerberg, loses position on world’s richest list

Facebook founder, Mark Zuckerberg, loses position on world’s richest list
WASHINGTON, DC - APRIL 10: Facebook CEO, Mark Zuckerberg appears for a hearing at the Hart Senate Office Building on Tuesday April 10, 2018 in Washington, DC. Zuckerberg, who is the CEO of Facebook is appearing on Capitol Hill Tuesday. (Photo by Matt McClain/The Washington Post via Getty Images)

Meta founder, Mark Zuckerberg, continues to drop on the wealthiest persons’ list, and he’s just one position away from exiting the top ten global billionaire list after capital market activity on Monday.

Zuckerberg now occupies the ninth position on the Forbes world billionaire index, dropping from the seventh spot within three months, having took the fifth place in the first week of October last year.

The Facebook creator is now worth $111.1 billion, against the $121.6 billion estimated as Zuckerberg’s fortune on the last day of October last year, according to previous report by Ripples Nigeria.

Zuckerberg is just one position above the tenth spot held by Microsoft’s Steve Ballmer who is worth $98.7 billion, and the owner of Instagram and WhatsApp is trailing software businessman, Larry Ellison, worth $111.3 billion.

Other billionaires ahead of Zuckerberg are Sergey Brin of Google, who sits at seventh spot with $112.0 billion, Berkshire Hathaway’s Warren Buffett, who is estimated at a value of $113.2 billion, is sixth on the list.

The fifth position is occupied by Larry Page of Google, worth $116.1 billion, next on the index is Microsoft’s founder, Bill Gates, with a networth estimated at $133.1 billion by Forbes.

Jeff Bezos, the Amazon talisman, has a fortune of $175.5 billion at the close of market on Monday, sitting third, behind Bernard Arnault & family, owners of LVMH, who are worth $194.3 billion.

Tesla boss, Elon Musk, remains the world richest man, since displacing Bezos in 2021. The SpaceX founder has a networth of $242.5 billion, which keeps him at the top of the billionaire index list.

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