{"id":24705,"date":"2021-05-16T17:24:00","date_gmt":"2021-05-16T14:24:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=24705"},"modified":"2026-03-27T22:23:19","modified_gmt":"2026-03-27T19:23:19","slug":"top-three-social-media-billionaires-added-70b-to-their-collective-wealth-in-a-year-combined-net-worth-hit-over-150b","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/top-three-social-media-billionaires-added-70b-to-their-collective-wealth-in-a-year-combined-net-worth-hit-over-150b\/","title":{"rendered":"Top Three Social Media Billionaires Added $70B to Their Collective Wealth in a Year, Combined Net Worth Hit Over $150B"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\">The social media billionaires did extremely well during the COVID-19 pandemic, growing their already huge fortunes to a new record high.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to data presented by\u00a0<a href=\"https:\/\/buyshares.co.uk\/\" target=\"_blank\" rel=\"noreferrer noopener\">Buy Shares<\/a>, Mark Zuckerberg, Zhang Yiming and Dustin Moskowitz, as the top three social media billionaires globally, added $70bn to their collective wealth in the last year, with their combined net worth rising to over $150bn as of May.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mark Zuckerberg\u2019s Wealth Swelled to $97B, a 77% Increase in a Year<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Forbes\u2019 real-time billionaire list showed Mark Zuckerberg\u2019s wealth grew by $42.8 billion in the last year, a three-quarter increase fuelled by his\u00a0<a href=\"https:\/\/buyshares.co.uk\/facebook\/\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>. The Facebook shares rose by 50% in the last year, pushing its CEO\u2019s fortune to $97bn in May.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the fifth-largest tech company and the leading social media platform globally, Facebook witnessed impressive growth in 2020. The company\u2019s earnings report revealed Facebook\u2019s revenue grew by 22% YoY to $86bn in 2020. Last year, the social network accumulated a net income of $29.1bn, ranking first among all social media companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statistics also showed the number of Facebook\u2019s monthly active users jumped by 12% year-over-year to almost 2.8 billion as of the fourth quarter of 2020.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>TikTok\u2019s Founder Net Worth Soars by 120% to $35.6B<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although Mark Zuckerberg ranked as the wealthiest social media billionaire and the fifth richest man globally, statistics show that TikTok founder, Zhang Yiming, witnessed even more impressive wealth growth in the last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2020, the net worth of ByteDance\u2019s CEO, one of China\u2019s largest media content platforms and the second-largest unicorn company globally, amounted to $16.2bn. Statistics show this figure soared by 120% to $35.6bn over the last twelve months, the biggest increase among the top three social media billionaires.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ByteDance is most known for its news app Toutiao and social video app TikTok, which saw a remarkable increase of monthly active users amid pandemic. In 2021, the short-form video sharing app was used by 689 million individuals each month, 39% more than before the pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Facebook\u2019s co-founder, Dustin Moskovitz, ranked as the third wealthiest social media billionaire globally. Statistics show his net worth surged by 91% in the last year, reaching $17.8bn in May. After leaving the social network in 2008, Moskovitz cofounded Asana, a workflow software company. Still, most of his net worth lies in his estimated 2% stake in Facebook.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The founder and owner of messaging app Telegram, Pavel Durov, and Facebook co-founder, Pavel Saverin, round the top five social media billionaires list, with a net worth of $17.2bn and $14.6bn, respectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statistics show that Durov, known as Russia\u2019s Zuckerberg because of creating the country\u2019s biggest social network Vkontakte, grew his wealth by $13.4bn in the last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saverin, today a venture capitalist, who still derives most of his wealth from his small but valuable stake in Facebook, increased his net worth by $6.2bn in the same period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The social media billionaires did extremely well during the COVID-19 pandemic, growing their already huge fortunes to a new record high. According to data presented by\u00a0Buy Shares, Mark Zuckerberg, Zhang Yiming and Dustin Moskowitz, as the top three social media billionaires globally, added $70bn to their collective wealth in the last year, with their combined [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":24706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":396,"_extra_hide_author_box":"1","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[396],"tags":[],"class_list":["post-24705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-media","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>social media billionaires - $70B added in a year | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"social media billionaires added $70B in a year, pushing combined net worth over $150B. 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