Facebook Cofounder Mark Zuckerberg has leapfrogged Berkshire Hathaway's Warren Buffett and jumps into third position in the list of world's wealthiest people. Zuckerberg now sits behind technology giant Microsoft's owner Bill Gates and Amazon founder Jeff Bezos.

Zuckerberg now worth $81.6 billion (Rs. 5.61 lakh crore), $373 million more than Buffet.

Facebook has shown an amazing turnaround after the social networking community giant had suffered a setback in the form of data-privacy crisis that hammered its shares as well. Meanwhile, Warren Buffett's shares have shown a steady decline, mainly due to his charity giving. Buffett has already donated about 290 million Berkshire Hathaway Class B shares to charities. Buffett was once the world's wealthiest person.