Mark Zuckerberg Surpasses Google Founders in Wealth
Bill Gates still holds the top spot with an estimated $59 billion, followed by Warren Buffet with $39 billion and Oracle's Larry Ellison with $33 billion. Thanks to the stratospheric rise of Facebook stock value, Mark Zuckerbergh is now listed at rank #14 with an estimated wealth of $17.5 billion.
Sergey Brin and Larry Page follow right behind him with $16.7 billion each. Other insanely rich tech executives include Amazon's Jeff Bezos (#13, $19.1 billion), Michael Dell (#18, $15 billion), Steve Ballmer (#19, $13.9 billion), Paul Allen (#23, $13.2 billion) and Steve Jobs (#39, $7 billion).
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Zuckerbergh?
*whoop! whoop! whoop! whoop!*
That's only because people like bragging..
he doesn't deserve that wealth, how's this possible, his company is producing nothing but he is taking a lot of money.
That's only because people like bragging..
and most people don't have friends in real life...
More than a "lol, noob" can't be said on that topic.
FB has yet to generate money, I don't even want to know how much they invested in it.
When the bubble bursts...
More than a "lol, noob" can't be said on that topic.FB has yet to generate money, I don't even want to know how much they invested in it.When the bubble bursts...
Doesn't matter, live like a billionaire while the good times last, when the bubble bursts simply live life as a lowly multi-millionaire.
This is a bit misleading, the wealth attributed to Zukerburg whilst impressive is down to the stocks he owns in the company that runs Facebook (like most of the guys on this list) but IMO the value the stockmarket attributes to Facebook is massively overpriced.
If Zukerburg is worth $17.5 billion you would think Facebook would have revenues and profits to match buts that simply not the case. Facebook turns over a impressive $2 billion a year but last year its profits were $335 million, that's good but not Microsoft, Google, Apple good. To put it another way Zukerburg is worth $17.5 billion in paper money only although I'm sure he could call it day tomorrow and have enough money to never work another day in he's life again.
This is a bit misleading, the wealth attributed to Zukerburg whilst impressive is down to the stocks he owns in the company that runs Facebook (like most of the guys on this list) but IMO the value the stockmarket attributes to Facebook is massively overpriced.If Zukerburg is worth $17.5 billion you would think Facebook would have revenues and profits to match buts that simply not the case. Facebook turns over a impressive $2 billion a year but last year its profits were $335 million, that's good but not Microsoft, Google, Apple good. To put it another way Zukerburg is worth $17.5 billion in paper money only although I'm sure he could call it day tomorrow and have enough money to never work another day in he's life again.
Zuckerberg is one of these people who would cash out and sell the company for $100 billion, about 25 minutes before the bubble burst.
Then he would buy IBM & Google.
Then retire.
On an island populated entirely by topless Balinese dancing girls.
And poop on a solid diamond toilet.
This tells me one thing, because Google is much larger then Facebook, and has more revenue streams, it means Zuckerberg is playing himself a hell of allot more the the google founders do.
This also means that facebook isn't good value for money when compared to google for anyone putting money into it.
Paying himself rather, why doesn't tomsguide have an edit button in its forum like tomshardware does.
For anyone who doesn't understand how Facebook make money, it's the same situation has 99% of Googles income. Adverts on a website that generates billions of hits.
You can be a real billionaire, like Gates (MSFT actually makes products that sell), or you can be a paper billionaire, like Z-berg. Not to mention the huge difference in character.
How can facebook be worth anything if the company's stock doesn't trade publicly?
Yeah, he doesn't need to play with himself. With that kind of money he can have them topless Balinese dancing girls do it for him.
Paying himself rather, why doesn't tomsguide have an edit button in its forum like tomshardware does.
That movie sucked
Just more proof that there's something very wrong with the universe.
How much would Google and its owners be worth if it didn't spend/give so much money outside of ventures that directly impact its revenue? Seriously, how much money have they invested in alternative energy projects, environmental grant competitions, and all kinds of other philanthropic stuff...
Does Mark or Facebook do ANYTHING for ANYONE else but themselves? The only things I have heard about are commitments to do or give in the future, money that they don't actually have. He only gave money to the Newark school system right before he knew he was going to get bad publicity from the Social Network movie...
By the way, that 100 Mil going to Newark... its in stock options... so they don't see a dime until they go public, correct?
How much would Google and its owners be worth if it didn't spend/give so much money outside of ventures that directly impact its revenue? Seriously, how much money have they invested in alternative energy projects, environmental grant competitions, and all kinds of other philanthropic stuff...Does Mark or Facebook do ANYTHING for ANYONE else but themselves? The only things I have heard about are commitments to do or give in the future, money that they don't actually have. He only gave money to the Newark school system right before he knew he was going to get bad publicity from the Social Network movie...
To be fair to Zuckerberg, Facebook has not reached a mature enough state for him to be doing this yet. Neither Page/Brin or Gates did much philanthropic work till they created a mature titan that couldn't be shaken by much. That Said, I greatly admire the latter 3 while Zuckerberg is impressive but only filled a void left behind in the market created/expanded by Msft, Google, Apple, Oracle and whatnot. The average joe was not thought of by those guys because they are so far out of the league of the average intelligence that they didn;t create something 'for the masses'
This is insane. I feel good knowing I'm not generating any revenue for Facebook. The only reason I use it is it's the only way to keep in touch with friends these days. I don't use Farmville, buy gifts, play Mafia Wars, or any other crap like that. I don't even see ads because of AdBlock.
F*** facebook. Everyone is always on it. Do people have nothing better to do?
Interesting.. So Steve Jobs is worth $7 Billion yet doesn't donate to charity? What a douche!
Steve jobs is worth $7 Billion and doesn't donate to Charity?
and where does all of this money get you??? all you want is more and your always worried about losing it
Considering that we're in a tech bubble right now, Zuckerberg's worth is only theoretical while Gates' worth is actually based on hard, solid products he sells.
all these insanely filthy rich people could chip in to buy a small island and call it SillyCon Republic
he doesn't deserve that wealth, how's this possible, his company is producing nothing but he is taking a lot of money.
That's not our decision to make
You can be a real billionaire, like Gates (MSFT actually makes products that sell), or you can be a paper billionaire, like Z-berg. Not to mention the huge difference in character.
Being a Billionaire at 27 is no small feat. He IS the world's youngest billionaire after all.
Microsoft controls 90% of the world's computers. You're forced to use their software. But FB forces you to use it because all of your friends are on it. The guy only tried to create a way to connect with people everywhere. He also made it for free. So, if he becomes the world's richest man out of the ads on his site, that's fine with me
I don't think they make money just with ads!! It's the info of users what is valuable!
This is not bad achievement for somebody like Zukaburg,I myself is proud of mr. Network achievements it's just a matter of creativity and you wipe youself from the rest of people state of earning, why other people so evious of his financial status?Bravo Zuk sodier on,Fredrick Onyango from Africa-Kenya.