Facebook announced the US rollout of Instagram Reels after US President Donald Trump banned US companies from dealing with ByteDance and Tencent, the Chinese owners of TikTok and the WeChat messaging service.
The 36-year old media magnate has now joined Jeff Bezos, the Amazon founder, and Bill Gates, Microsoft’s founder, as the only people who have centibillionaire status, the Bloomberg Billionaires Index said.
Mark Zuckerberg, who founded Facebook in 2004 and owns a 13% stake in the company, gained about US$22 billion this year.
