Despite the ill effects of the global health crisis, in just two months, Facebook chief executive officer Mark Zuckerberg has added over $30 billion to his fortune. 

Based on Bloomberg Billionaires Index ranking as of May 21, Zuckerberg's rise in net value has granted him the bragging rights of third-richest man in the world. Zuckerberg is currently valued at around $87.8 billion, surpassing billionaires like Berkshire Hathaway chief executive officer Warren Buffett and fashion tycoon, Bernard Arnault.

A recent CNBC reported disclosed that Facebook's stock price also hit an all time peak of $230.75 after the group unveiled Shop, its own online shopping feature.

Facebook and Zuckerberg have had a hectic two months as the social media giant continues to introduce features to help people in their current situations. Messenger rooms, Facebook's answer to Zoom, was unveiled last month.

As a result of the global health crisis impacting all corners of the globe, the internet and most especially social media saw an unprecedented rise in usage. Facebook, one of the first platforms that most people turn to when it comes to interacting on the virtual stratosphere, is one of the most popular subjects in the last few weeks, with its revenue and market value in addition to its growing rate of usage.

On top of the $17.74 billion sales gained by Facebook in the first quarter this year, it can be stated that the platform has been used by around 2 billion people.

Amazon top boss Jeff Bezos and Zuckerberg have registered massive incomes in their wealth as technology stocks rallied in the two months of the pandemic. While Bezos' fortune soared more than 30 per cent to $147.6 billion, Zuckerberg's fortune climbed more than 45 percent.

More than 600 billionaires in the United States became even wealthier in the face of a major advance in tech shares, a study of figures by Wall Street analysts, reveals.

Berkshire Hathaway's Buffet and Microsoft's Bill Gates managed to make decent gains of 0.8 percent and 8.2 percent, respectively in their portfolio. Shares of Facebook and Amazon have recorded gains after new program announcements that lifted their money-making ventures at a time when people are isolated in their homes.

The rise in Zuckerberg's ranking is most likely because of his company's profitability in a period when almost 40 million Americans have lost their jobs. Facebook posted better-than-estimated income for the first quarter on April 29.

Facebook surpassed projections of Wall Street in total sales and daily active users, gaining $17.8 billion and attracting 1.73 billion users in the first quarter this year. The social media behemoth also stated that it had hit its goal of 3 billion monthly users across its portfolio of apps, including Messenger, WhatsApp, and Instagram.