Facebook founder, Mark Zuckerberg, 36, becomes world's 3rd Centibillionaire

-


Facebook founder, Mark Zuckerberg, 36, has become the third centibillionaire in the world.

 

According to the Bloomberg Billionaires Index, Zuckerberg’s fortune has topped $100bn for the first time, placing him among members of the world’s centibillionaires' club, after Facebook’s shares surged by 6% on investor optimism over the news the company plans to launch Instagram Reels, a rival to the Chinese video-sharing application TikTok.

 

Facebook announced the US rollout of Instagram Reels after US President Donald Trump banned US companies from dealing with ByteDance and Tencent, the Chinese owners of TikTok and the WeChat messaging service. 

 

The 36-year old media magnate has now joined Jeff Bezos, the Amazon founder, and Bill Gates, Microsoft’s founder, as the only people who have centibillionaire status, the Bloomberg Billionaires Index said.

 

Mark Zuckerberg, who founded Facebook in 2004 and owns a 13% stake in the company, gained about US$22 billion this year.

 

Comments

Post a Comment

Thank you for comment, please continue to read up our stories

Popular posts from this blog

Pregnancy scare? Vee tells Neo to be scared as she complains about missing her period in the Big Brother House (videos)

-
Image
  Big Brother Naija Lockdown housemates and lovers Vee and Neo are currently trending on Twitter over a private discussion they just had in the Big Brother House.    The pair were in the kitchen cooking when Neo made a pregnancy gesture, to which Vee then threatened to f**k him up and told him to be scared instead. But unbothered Neo played down any fears before Vee replied to him, saying: "It would come by tomorrow.'   When Neo told her that she probably just miscalculated, a visibly worried Vee disagreed and noted that she's been in the Big Brother House for a month and a day.  View this post on Instagram Pregnancy scare? Vee tells Neo to be scared as she complains about missing her period in the Big Brother House : Big Brother Naija Lockdown housemates and lovers, Vee and Neo are currently trending on Twitter over a private discussion they just had in the Big Brother House. : The pair were in the Kitchen cooking when Neo made a pregnancy g...
Read more

Adekunle Gold Releases His Highly Anticipated Album ‘Afro Pop Vol. 1’

-
Image
  Talented singer and Popular songwriter, Adekunle Gold has released his highly anticipated third studio album dubbed Afro-Pop Volume 1. The album comes packed with 10 tracks. Released under EMI with licensing from Universal Music Operations Limited. The 33-year-old had earlier released some tracks as lead singles like AG Baby featuring Nailah Blackman. Talented singer and Popular songwriter, Adekunle Gold has released his highly anticipated third studio album dubbed Afro-Pop Volume 1. The album comes packed with 10 tracks. Released under EMI with licensing from Universal Music Operations Limited. The 33-year-old had earlier released some tracks as lead singles like AG Baby featuring Nailah Blackman. Taking to his Social media pages, he announced the release. He wrote: View this post on Instagram Afro Pop Vol. 1 out now. Welcome to freedom! Link in bio ❤️ A post shared by AG BABY IS YOUR BABY (@adekunlegold) on Aug 20, 2020 at 4:26 see music here: Adekunle Go...
Read more

KOROBA SNIPPET - TIWA SAVAGE

-
Image
Award-winning singer, Tiwa Savage has teased the Savage soldiers with a brand new single titled “Koroba” The singer, who is gearing up for the release of her forthcoming album “ Celia ” released the first single off the album “ Dangerous Love ” a couple of weeks ago. The track amassed over 5 million streams on all social media platforms and is one of the top songs used by Thriller users worldwide. Taking to her social media pages, Tiwa surprised her fans by sharing an already created thriller video of herself dancing to the song. She wrote:  “Surprise Surprise (Round 2) NEW GBEDUUU #KOROBA”. B arely three hours after its release on Twitter, fans started responding to the snippet by recreating their own videos. What do you think of the track? DOWNLOAD MP3 Surprise Surprise (Round2) NEW GBEDUUUU #KOROBA ⚔️⚔️⚔️ pic.twitter.com/emtjdbnSRx — Tiwa Savage ⚔️ (@TiwaSavage) August 5, 2020
Read more

Magu Probe: Olukoyede, EFCC Secretary, Suspended

-
Image
Some officials of the Economic and Financial Crimes Commission (EFCC) have received letters of suspension, TheCable understands. Although details of those suspended are yet to be made public,  TheCable  learnt that Olanipekun Olukoyede, secretary to the commission, is among those who received the letters. The development is not unconnected to the ongoing probe of Ibrahim Magu, suspended acting chairman of the EFCC. Magu was arrested on July 6 and whisked to the presidential villa in Abuja, where he appeared before a panel set up by President Muhammadu Buhari to probe the operations of the EFCC under him. The panel is headed by Ayo Salami, retired president of the appeal court. On July 14, Abubakar Malami, attorney-general of the federation (AGF), sent a letter to Mohammed Umar, acting EFCC chairman, notifying him of the suspension of 12 directors in the commission. TheCable understands that some of the directors affected by the action have been involved in investigating Malami...
Read more

Meet Co-producer of 6ix9ine's 'YAYA' - Ransom Beatz

-
Image
An Overview: Meet Ransom Beatz, The Abuja-based Co-producer Of 6ix9ine's YAYA NotJustOk interviews Ransom Beatz, a young Nigerian producer who co-produced American rapper, 6ix9ine's "YAYA."  “Oh, sh*t...” Ransom Beatz , an Abuja-based producer, said those words in excitement. It'd been a regular day, he was surfing Instagram, when he checked out a mention. There it was: the familiar sound of a beat he'd produced, sung on by infamous American rapper   6ix9ine . A native of Edo state,   John Iyinbor , 23, started producing from the early days of secondary school –when he was 15 or 16 years old.   “I was very curious about music.   Masterkraft   was very popular back in the day and I watched him closely,”   Ransom Beatz says, mentioning   Sarz   as yet a major influence. “I was not really good with the production cos I couldn't play keys. I was so trash people were telling me I should quit music; that I should just focus on something else. Even ...
Read more

RAPE IS JUST A SIGN OF WEAKNESS BY RAPISTS - ACTRESS FOLUKE DARAMOLA

-
Image
Popular Nollywood actress, Foluke Daramola-Salako, has revealed that about 75% of rape cases her organization had handled were perpetrated by religious leaders. Daramola-Salako disclosed this during an Instagram live session on Saturday while narrating how she was raped by her tenant when she was 17. According to her, “75% of the cases I have on my table are from religious leaders and most times we don’t get to the end of it. "This is because when we start investigating the cases, the family would come and tell us we should leave the religious leader to God.” She further dismissed claims that indecent dressing by ladies is responsible for the increase in the number of rape cases. The actress stressed that rape is just a sign of weakness by rapists, adding that “Nothing attracts rape. Why do they rape minors, teenagers, and even old women. Is that also about indecent dressing? According to her, most victims of rape cases in Nigeria are children, teenagers and elderly women who do n...
Read more

Sad! How Popular Reality Star Passed Away At The Age Of 34

-
Image
Demitra “Mimi” Roche, who appeared on the Oxygen reality show “Bad Girls Club,” has passed away at the age of 34. Record producer and founder of Valholla Entertainment in Miami, where Roche had worked as vice president of A&R since 2011, announced her death via Twitter. “I’m at a loss for words. Don’t know what to say,” Valholla wrote in his post. “Mimi was kind to everyone she came across. She was [a] big dreamer and was a part of our Valholla family. I’m heartbroken by the news of her passing. I’m thankful I got to know and work with her. My thoughts are with her family and loved ones.” “There’s probably not one person who would have something negative to say about her,” Valholla added. “We lost a beautiful soul.” In another tweet, Valholla said that Roche’s death was “out of the blue.” Her cause of death is currently unknown One of Roche’s friends, Ashley Colon, also paid tribute to her in a Facebook post. “Rest easy babygirl Demitra Roche,” she wrote. “I just wished you a happy...
Read more

SUCCESS AND HER PARENTS ARE UNGRATEFUL - NIGERIAN COMEDIAN, MR JOLLOF SAYS

-
Image
Nigerian comedian and social commentator Freedom Okpetoritse Atsepoyi, aka Mr. Jollof says Success and her parents are ungrateful Success Adegor, the little girl whose video "dem go flog me dem go tire" went viral revealed that all the promises made to her by several public figures were not fulfilled. In the video that went viral, Success was explaining how she was sent out of school due to unpain tuition fees. she was heard saying "dem go flog flog, dem go tire" After the video went viral, so many public figures made open promises and pledges to help the school girl who her will to go to school was felt by all that saw the video  One year after the video went viral, Success has debunked claims that her family became rich after the incident. According to her, all the promises were mere promises as virtually all were not fulfilled Full video: ”All the money wey dem promise me, everything na fake, my daddy still dey ride okada" - Success the viral Warri school gi...
Read more

NDDC Spent N4.2b In One Day, Akpabio Tells Reps

-
Image
Contract splitting is rampant in the Niger Delta Development Commission (NDDC), Niger Delta Affairs Minister Godswill Akpabio, said on Monday. According to him, the management of the agency indulges in splitting contracts to outwit the minister and evade approval. Speaking before the House of Representatives Committee on Niger Delta in Abuja, the minister alleged that the agency spent “over N4.2 billion in a day in tranches of N49 million.” The committee is probing how N40 billion was spent by the Interim Management Committee (IMC). Akpabio was invited with the Acting Managing Director of the NDDC, Prof. Kemebradikumo Pondei. Pondei fainted during the proceedings and had to be revived and taken to the hospital. The minister also told the panel why Ms. Joi Nunieh was sacked as the agency’s managing director. Ms Nunieh, Akpabio said, was sacked, following a letter from the late Chief of Staff to the President, Mallam Abba Kyari, that she did not posses the requisite qualification to occu...
Read more