Zuckerberg overtakes Buffett and Arnault on billionaire list

Zuckerberg has seen his wealth rise significantly over the last year (istock/COM & O)

Facebook’s co-founder and CEO Mark Zuckerberg is now richer than Warren Buffett and Bernard Arnault.

That’s according to Bloomberg’s Billionaire Index, which estimates that the 36-year-old has a net worth of AED 322.5 billion.

Berkshire Hathaway chairman, Buffett, is said to be worth AED 253 billion, while the net worth of Arnault, chairman and CEO of LVMH Moet Hennessy - Louis Vuitton, stands at AED 298 billion.

It marks a significant increase for Zuckerberg compared to one year ago, when he was estimated to have a net worth of AED 266 billion, while Buffett and Arnualt have both seen their wealth drop, from AED 306 billion and AED 329 billion respectively.

Amazon CEO Jeff Bezos continues to top the list, followed by Microsoft co-founder and philanthropist Bill Gates.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!