Saturday, 22 September, 2018

Mark Zuckerberg Leaves Behind Warren Buffett In The List Of Richest Persons

Facebook CEO Mark Zuckerberg becomes the world's third wealthiest person passing Warren Buffett Facebook CEO Mark Zuckerberg becomes the world's third wealthiest person passing Warren Buffett. Chesnot Getty Images
Russell Knight | 08 July, 2018, 14:27

The chief executive officer of Facebook, Mark Zuckerberg has been ranked as the third richest person in the world, surpassing famed investor Warren Buffett.

Above Zuckerberg were Amazon CEO Jeff Bezos, in the No. 1 spot, and Microsoft co-founder Bill Gates.

Zuckerberg's ascent has been driven by investors' continued embrace of Facebook, the social-network giant that shook off the fallout from a data-privacy crisis that hammered its shares, sending them to an eight-month low of $152.22 (about Rs. 10,467.41) on March 27.

Zuckerberg is now worth $81.6 billion, almost $400 million more than Buffett, chairman of the Berkshire Hathaway investment group, rankings show.

Fed: Trade Uncertainty Could Erode Investments, Confidence
A narrowing in the gap between short-term and long-term rates has been an accurate predictor of downturns in the past. Beijing has promised to retaliate with tariffs on US goods, including farm products such as soybeans.

Rory McIlroy in no 'panic' to add to four majors - Irish Open
I just haven't been good enough in dealing with what goes on with playing the Irish Open . I played my first major there 11 years ago. You can't put it in bunkers off the tee.

England fans react to goals in Sweden win
It was England's eighth set-piece goal of its 11 in Russian Federation , and the centre back's first in worldwide football. It's only the third time England have reached the last four and their first since Italia 90 they have made the semis.

Zuckerberg becoming the 3rd richest in the world right now means that, for the first time, the 3 richest people alive are all tech titans. The stock closed Friday at a record $203.23.

According to the Bloomberg index around 20 per cent of the wealth which belongs to the world's 500 richest people, equivalent to $5 trillion, is made through technology. The aforementioned ranking index tracks the world's richest 500 people and is updated following the closing of each trading day in NY.

Zuckerberg, the CEO and co-founder of Facebook, leapfrogged Buffett on the Bloomberg Billionaires Index after the social media company's stock rallied 2.4% on Friday.

Buffett has donated about 290 million of his shares in Berkshire Hathaway to charities - an equivalent of about $50 billion. The "Oracle of Omaha" has donated about 290 million Class B shares, which are now worth more than $50 billion, Bloomberg noted.

Recommended

  • Apple Music Is The Number One Music Streaming Service In The USA

    Apple Music Is The Number One Music Streaming Service In The USA

    For years, Spotify has been the number one service for paid subscribers who choose to listen to music that they pick themselves. Three years after making its debut, it is being reported that Apple Music has surpassed Spotify's paid USA subscriber count.
    Russia 2018, Quarter-finals

    Russia 2018, Quarter-finals

    Modric said Subasic told him that the injury should not be a major factor as Croatia prepare for their semifinal. This media house does not correct any spelling or grammatical error within press releases and commentaries.

    UFC 226: Daniel Cormier ends Stipe Miocic's reign with a knockout

    For all the talk about champion-vs. -champion bouts over the years in the UFC, their actual history is just two chapters long. And if you're a BT subscriber but are out of the United Kingdom at the moment, then you can always use a VPN to tune in .
  • Pompeo: Sanctions to remain until N. Korea 'final' denuclearization

    Pompeo: Sanctions to remain until N. Korea 'final' denuclearization

    A meeting will take place between a team from the Pentagon and North Korea at the South-North border next week, Pompeo explained. It contradicted statements made earlier by Pompeo, who signaled the visit made " progress on nearly all of the central issues".
    ‘Very productive talks with N. Korea’

    ‘Very productive talks with N. Korea’

    Some U.S. experts said the disputes highlight the risk of Trump granting premature concessions to North Korea. Secretary of State Mike Pompeo meets Japan's Prime Minister Shinzo Abe in Tokyo, Japan, July 8, 2018.
    Vettel fastest in second British GP practice

    Vettel fastest in second British GP practice

    Canadian Lance Stroll lost control on his very first flying lap, spinning at Brooklands, and ending up beached in the gravel. Williams has only four points this season and Harris acknowledged on Friday she had been "dreading" the team's home race.
  • Father kills teen children in Australia murder

    Father kills teen children in Australia murder

    Det Supt Brett McFadden said two " powerful " handguns registered in Edwards' name were discovered at the Normanhurst house. He told reporters the attack was a "very harrowing experience for those initial responding emergency service providers".
    Oil prices fall as Donald Trump demands OPEC ‘reduce pricing now’

    Oil prices fall as Donald Trump demands OPEC ‘reduce pricing now’

    Over the short-run, Canada's production problems will go away and Libya's issue will probably be contained. The potential trade war between the United States and China comes amid a tight oil market.
    Apps record your on-screen activities and send them to third-parties

    Apps record your on-screen activities and send them to third-parties

    That puts paid to the conspiracy theory that our phones are always listening to us and using what they hear to target us with ads. While some apps belonged to Facebook , around 8,000 others were capable of sending information to the social networking giant.
  • New Toyota Supra to race in NASCAR Xfinity Series

    New Toyota Supra to race in NASCAR Xfinity Series

    But rest assured we'll see something from the new, BMW-engined sports auto very soon... The Supra has previously raced in mulitple series both in Japan and the United States.
    UFC 226 Results: Daniel Cormier Makes History Knocking Out Stipe Miocic

    UFC 226 Results: Daniel Cormier Makes History Knocking Out Stipe Miocic

    The second victory last summer was changed to a no-contest when Jones failed a doping test, and he remains out of the sport. Lesnar came out to witness first hand the fight for the UFC heavyweight title between Daniel Cormier and Stipe Miocic.
    Danilo ruled out for the rest of the World Cup

    Danilo ruled out for the rest of the World Cup

    At the end of the day, Neymar's still a bloody popular player - the dude has nearly 99 million Instagram followers and counting. Brazil hasn't had the same coach for two straight World Cups since Mario Zagallo was at the helm in 1970 and 1974.

U.S. warships pass through Taiwan Strait amid heightened tensions with Beijing U.S. warships pass through Taiwan Strait amid heightened tensions with Beijing Two United States warships entered the Taiwan Strait on Saturday at a time of heightened tensions between Washington and Beijing. US officials, speaking on condition of anonymity, said the destroyers Mustin and Benfold carried out the passage.

Wasted chances cost Brazil at the World Cup Wasted chances cost Brazil at the World Cup Brazil chased an equaliser in the last 14 minutes of the match in the wake of substitute Renato Augusto's fine headed goal. But it was not Fernandinho's fault that Brazil's 26 shots returned only a single goal.

Russian fans sad but proud after World Cup exit Russian fans sad but proud after World Cup exit Cherchesov said the hosts, who were ranked 70th by Federation Internationale de Football Association before the World Cup, should aim higher.

Wimbledon: Kyle Edmund responds to cheating claims after Novak Djokovic defeat Wimbledon: Kyle Edmund responds to cheating claims after Novak Djokovic defeat I mean, he was running towards the ball and he just hit it and he dropped his racquet. So, yes, it was quite a odd decision from [the] chair umpire, but it happens".

England's wonderful World Cup hunt alive and kicking England's wonderful  World Cup hunt alive and kicking Performing the moves IRL has become quite the trends, and seeing them outside of the game is a real hoot. Defender Harry Maguire gave his squad a 1-0 lead in the 30th minute and England never looked back.

Federer shows off ‘Sneak Attack By Roger’ party piece in Wimbledon cruise Federer shows off ‘Sneak Attack By Roger’ party piece in Wimbledon cruise Roger Federer was excited to pull out his SABR return to liven up a straightforward third-round victory over Jan-Lennard Struff. Zverev also erased a 2-1 deficit three times to reach the quarterfinals of the French Open, his best result at a Grand Slam.

Wimbledon 2018 -- No. 1 Simona Halep loses in third round at Wimbledon I think because I was exhausted , because I'm exhausted , I couldn't stay focused for every ball", Halep said. But the Serb managed to refocus after a lengthy complaint to umpire Jake Garner. "It was an important point".

China Says U.S. Has Started ‘Biggest Trade War’ in History China Says U.S. Has Started ‘Biggest Trade War’ in History Donald Trump's trade war could potentially drag in products from other American trade partners, undermining relations. Beijing's taxes hit US -made aircraft, cars, computer chips, fuel, pork and soybeans.

Manufacturers Created 36K New Jobs in June, According to US Labor Dept. Of those, 499,000 couldn't find work, but they did show up in the government's survey as searching for a job. The U.S. and China slapped tit-for-tat duties on $34 billion worth of the other's imports on Friday.

Woman begging people not to call ambulance gains national attention Woman begging people not to call ambulance gains national attention Orange Line commuters rushed to the aid of a woman whose leg had gotten stuck in the five-inch gap between the train and the Mass. The unnamed woman was reluctant to go because she was anxious she couldn't afford medical treatment.

WATCH as Three Lions fans across the country celebrate England WIN WATCH as Three Lions fans across the country celebrate England WIN The Swedes were playing in the World Cup quarterfinals for the first time since 1994, when they reached the semifinals. Virtually from kickoff, Sweden sent long passes forward to tall striker Ola Toivonen and looked for a flick-on.

Rescue mission to save boys trapped in Thailand cave underway Rescue mission to save boys trapped in Thailand cave underway Earlier in the day, the Thai Navy Seals released the letters the boys sent to their families, via rescue divers, reassuring them. Some officials said his collapse was due to his oxygen supply running out, but the cause of his collapse was not confirmed.

Fiery Trump Takes Shots at Warren, 'Me Too' Movement Fiery Trump Takes Shots at Warren, 'Me Too' Movement President Trump was in Montana on Thursday for a campaign rally meant to inflict political damage on Democratic Sen. He again referred to Warren of MA as "Pocahontas" to ridicule her claims of Native American ancestry.

APNewsBreak: US Army quietly discharging immigrant recruits APNewsBreak: US Army quietly discharging immigrant recruits The military responded with more security checks, and the Trump administration added to those, creating a backlog. A RAND Corp. study found that these recruits were generally more cost-effective than their native-born peers.

Russian Federation 2 Croatia 2 (aet, 3-4 on penalties) Russian Federation  2 Croatia 2 (aet, 3-4 on penalties) The game went to extra-time with Subasic staying on the pitch despite appearing to injure his hamstring late on in normal time. But against Croatia their unbelievable run ended at the quarter-final stage despite taking the lead after 30 minutes.