Facebook founder Mark Zuckerberg has seen his personal wealth rise to $100 billion after the launch of a new short-form video feature.
On Thursday, Facebook announced the US rollout of Instagram Reels, its rival to controversial Chinese app TikTok.
Facebook shares rose by more than 6% Friday.
Mr. Zuckerberg holds a 13% stake in the company.
He joins Amazon founder Jeff Bezos and Microsoft's Bill Gates in the exclusive so-called 'Centibillionaire Club'.
comments powered by Disqus