According to calculations made by Bloomberg, Facebook Inc. founder Mark Zuckerburg has replaced CEO of Berkshire Hathaway Warren Buffett as the world's third-richest person.
As per the Bloomberg billionaire index, Zuckerberg's new ranking can be attributed to Facebook's shares climbing 2.4% this week. Zuckerburg's total net worth is now estimated at $82.1 billion. Buffett's sliding in the ranking is largely due to his charitable pursuits.
In the number one and two spots on the billionaire's index are tech giants Jeff Bezos ($144 billion) and Bill Gates ($94.9 billion). This is the first time that the top three richest people on the list have all accumulated their fortunes through technology-based ventures.