Facebook’s stock hit another all-time high Tuesday as the social media giant’s shares are up 25% this year, more than 160% from their 2012 initial public offering price. Facebook is now worth an astonishing $275 billion.
The stock’s latest surge has helped make its CEO, Mark Zuckerberg, the ninth wealthiest person in the world, according to Bloomberg.
With a net worth of nearly $43 billion, Zuckerberg surpassed Ikea founder and Sweden’s richest man, Ingvar Kamprad earlier this week. It’s possible he could soon move up to the seventh spot as well.
Zuckerberg now slightly trails Amazon (AMZN, Tech30) CEO, Jeff Bezos and Oracle (ORCL, Tech30) chairman, Larry Ellison, who are both worth about $44 billion.
He’s not the only Facebook billionaire either. According to Forbes, former Facebookers, Dustin Moskovitz and Eduardo Saverin are worth $10.1 billion and $6 billion, respectively.
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