Mark Zuckerberg’s virtual wealth is more than $18 billion in the form of shares

Mark Zuckerberg (Credit: AP)

Mark Zuckerberg, Founder and CEO of Facebook, has 29.3% of the Facebook shares accounting for about 632.7 million shares as shown by the SEC filing announced by Facebook.

Trading the shares at $28.50 (current value), Zuckerberg will get slightly more than $18 billion.

With the largest number of shares Zuckerberg has not only a good amount of personal wealth but also holds a good level of voting power. Read More …

Only Mark Zuckerberg in the world of Facebook could be costly to talk

Facebook is charging $100 to send message to Mark Zuckerberg, founder and CEO of Facebook.

Mashable has found that the users, who are not one of the followers of Zuckerberg, would be charged with $100 for sending message to Mark Zuckerberg. Facebook is already testing its $1 pay-to-message plan.

Mark Zuckerberg on Facebook (Credit: Mashable)

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Mark Zuckerberg of Facebook has seen a biggest loss of money in America in the Forbes 400 list

Mark Zuckerberg at TechCrunch Disrupt conference on Sept. 11, 2012 in San Francisco Mark Zuckerberg, Facebook’s CEO, became the biggest dollar loser in the latest ranking of 400 wealthiest Americans by Forbes. He dropped in the list from the number 14 to the number 36. One main reason behind this drop is the drop in value of the stocks since IPO launch in May. The value of the stock of the company dropped from $38 in the start to below $20 in August. This drop in the value cost him $8.1 billion dollar in net worth. However, still his net worth is $9.4 billion as reported by the magazine.

According to the magazine, he is still at number 9 on the list of the powerful people.

In the list, Microsoft’s Bill Gates is the richest man in America with net worth of $66 billion. He took the top spot for the 19th year running. Warren Buffett, the head of Berkshire Hathaway, is at the second position with the net worth of $46 billion and Larry Ellison of Oracle is at third position. Read More …

Global market rise put about $16 billion in the pockets of 40 wealthiest people of the world


There is a rise and fall of global economy but in the recent rise of global market 40 richest people of the world has added $15.7 billion to their collective net worth. The global market rises in the times of reports that central banks will develop strategies to improve the global economy. Read More …

Mark Zuckerberg’s interview with The Wall Street Journal

Mark ZuckerbergThe Wall Street Journal has published an interview with Mark Zuckerberg, 27, Facebook Co-founder and CEO, on the website on January 14.

In the interview, Zuckerberg admired Amazon, Apple and Google.

WSJ: What companies do you admire?

Zuckerberg: Amazon is a great recent example of focusing on the long term and accepting shorter margins on the short term. [Amazon CEO] Jeff [Bezos] went through years of people thinking he’s crazy. Apple is amazing in terms of the quality of stuff that they do. And Google, too, for the same thing.

WSJ: Do you place Facebook in the same category as those businesses?

Mr. Zuckerberg: I hope one day we will be. We’re a lot younger than all of them and still quite a bit smaller in terms of size of employees. Because we focused so much over the past five or six years on building things that are going to have lasting value for people, I think we have a good shot at that.

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