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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns
LeadershipMark Zuckerberg

Mark Zuckerberg Is Now the Sixth-Richest Person in the World

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TIME
TIME
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Victor Luckerson
Victor Luckerson
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TIME
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Victor Luckerson
Victor Luckerson
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January 28, 2016, 11:46 AM ET
INDIA-INTERNET-FACEBOOK-COMPUTERS
Facebook chief executive and founder Mark Zuckerberg speaks during a 'town-hall' meeting at the Indian Institute of Technology (IIT) in New Delhi on October 28, 2015. Speaking to about 900 students at New Delhi's Indian Institute of Technology, Zuckerberg said broadening Internet access was vital to economic development in a country where a billion people are still not online. AFP PHOTO / Money SHARMA (Photo credit should read MONEY SHARMA/AFP/Getty Images)Photograph by Money Sharma — AFP/Getty Images
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Mark Zuckerberg’s Facebook empire just keeps growing.

The 31-year-old CEO of the social network is now worth about $47 billion, making him the sixth-richest person on Earth, according to Bloomberg.

Facebook (FB) on Wednesday released a stellar earnings report for the fourth quarter of 2015, which sent stocks soaring more than 13% in early-morning trading Thursday. Zuckerberg’s wealth is primarily in Facebook stock, so the rally boosted his net worth by $1.2 billion for the year.

 

Charles and David Koch, who Zuckerberg surpassed, have seen their net worth decline due to falling oil prices.

The richest person in the world remains Bill Gates, who has a net worth of $78 billion, according to Bloomberg. He’s followed by Amancio Ortega ($70 billion), Warren Buffett ($59 billion), Jeff Bezos ($52 billion) and Carlos Slim ($48 billion).

This article was originally published on Time.com.

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