Zuckerberg’s net worth hits record $66.7 billion

Zuckerberg’s net worth hits record $66.7 billion
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Facebook CEO Mark ZuckerbergMark Elliot ZuckerbergOvernight Tech: Dems turn up the heat on Equifax | Trump's science budget | Inside Rupert Murdoch's fight with Facebook | Cyber experts identify Olympics malware Rupert Murdoch pressured Facebook for changes to help news publishers: report Overnight Tech: GOP bill would bar agencies from using Chinese tech | How Russian accounts used Tumblr during the election | Warren, Equifax spar over breach claims | Dem worries about tech addiction | New lobster emoji MORE is now worth an estimated $66.7 billion, a record high for the tech billionaire as stocks of Facebook continue to perform well in 2017.

Forbes reported on Saturday that Zuckerberg hit $66.7 billion after shares of the company's stock rose, netting him $3.5 billion over the past week.

Zuckerberg founded Facebook in 2004, and currently owns 17 percent of the company. Its shares have risen nearly 40 percent since the beginning of the year.


The Facebook executive is now estimated to be the sixth most wealthy billionaire in the world, according to a ranking from Forbes.

He is ranked below Mexican businessman Carlos Slim, who is estimated to be worth $67.1 billion, and above Oracle CEO Larry Ellison, who is pegged at $61.4 billion.

According to the report, this week's gains didn't stem from any particular event, but rather from investors' rosy outlooks for the company's future as it moves into virtual reality and continues with its massively popular social media platform.

Zuckerberg has been touring various states across the country to learn about domestic issues, documenting his travels on the social media platform.