After his personal wealth rocketed by $3.2 billion in just one day on the back of Facebook, Mark Zuckerberg is now believed to be the richest person in U.S. history under 30, UK MailOnline reported.
The social network was founded ten years ago by the 29-year-old in his Harvard room. Despite accumulating an unimaginable fortune from his invention, Zuckerberg maintains the altruistic belief that the website is a "service for the world."
On Thursday, Facebook's stock closed at an all-time high after shares rose as much as 17 percent to $62.50.
According to UK MailOnline, Zuckerberg credited his company's phenomenal success to the fact that he, and his employees, simply "cared more."
In an interview with the Today show's Savannah Guthrie, due to air in full on Tuesday, Zuckerberg said, "At the time I thought, 'You know, someone needs to build a service like this for the world.' But I just never thought that we'd be the ones to help do it."
After ten glorious years, Zuckerberg's personal wealth now stands at around $32 billion.
However, all of it has come with a share of problems. "In 2004, Zuckerberg faced lawsuits from fellow Harvard students the Winklevoss twins and Divya Narendra who claimed he had stolen their ideas. Zuckerberg settled with them for 1.2million in shares (which equated to $300million at the company's IPO in 2012)," UK MailOnline reported.
In 2013, the company ended with 1.23 billion users.
This week, it appears that the company has had the largest single-day rise in Facebook's stock since July 2013, which would value the world's largest social network at more than $200 billion, UK MailOnline reported.
"Facebook and rival Google Inc have been looking for ways to generate more revenue by harnessing the mobile platform, as more and more users rely on smartphones to access the Internet," UK MailOnline reported. "Deutsche Bank estimated 4 billion people would be accessing the Internet on smartphones in 2017, with spending on global mobile advertisement set to reach $70 billion by the same year."
The company's new photo-sharing service, Instagram, as well as a new video ad format and social search feature, were dubbed by analysts as the next big areas of growth for Facebook, UK MailOnline reported.