Showing posts with label Mark Zuckerberg. Show all posts
Showing posts with label Mark Zuckerberg. Show all posts

Thursday, September 22, 2011

Mark Zuckerberg Now Richer Than Larry Page & Sergey Brin on Forbes 400


Facebook CEO Mark Zuckerberg rocketed past Google CEO Larry Page and co-founder Sergey Brin on the 2011 installment of the Forbes 400, the 30th installment of Forbes’ annual list of the richest Americans. Here's a quick rundown of the richest men in search and social and their net worth as of August 26.

14. Mark Zuckerberg, Facebook CEO/President, $17.5 billion. Last year, Zuckerberg was 35th on this list with a net worth of $6.9 billion. Others with Facebook ties on the list include Dustin Moskovitz (91st, $3.5 billion); Sean Parker (200th, $2.1 billion); and Eduardo Saverin (212th, $2 billion).

15.(tie) Larry Page, Google CEO, $16.7 billion. Last year, Page was 11th on the list, with a net worth of $15 billion.

15.(tie) Sergey Brin, Google co-founder, $16.7 billion. Last year, Brin was 11th on the list, with a net worth of $15 billion.

19. Steve Ballmer, Microsoft CEO, $13.9 billion. Last year, Ballmer was 16th on the list, with a net worth of $13.1 billion.

50. Eric Schmidt, Executive Chairman of Google, $6.2 billion. Last year, Schmidt was 48th on the list with $5.45 billion in net worth.

273. Kavitark Ram Shriram, Google shareholder, board member, venture capitalist, $1.6 billion.

375.(tie) David Filo, Yahoo co-founder, $1.1 billion. Last year, Filo was 356th on the list with a net worth of $1.15 billion.

375.(tie) Jerry Yang, Yahoo co-founder, $1.1 billion. Last year, Yang was 356th on the list with a net worth of $1.15 billion.

Other familiar names of note on the Forbes 400 list include Apple’s Steve Jobs (39th, $7 billion) and Reid Hoffman, LinkedIn co-founder (293rd, $1.5 billion). Microsoft founder Bill Gates topped the list for the 18th straight year with a net worth of $59 billion.

Vanity Fair’s New Establishment 2011
Zuckerberg also beat out Brin and Page on another list of tech power players, Vanity Fair’s New Establishment top 50 list, which appeared in the magazine’s October issue. This was the second year Zuckerberg topped this list, though Page and Brin jumped up one spot from 2010. Eric Schmidt was added to Vanity Fair’s top leader’s “Hall of Fame.”

Also appearing on the list: Jack Dorsey, Twitter (5th); Dick Costolo, Twitter (11th); Hoffman (18th); Robin Li, Baidu (25th); Sheryl Sandberg, Facebook (26th); and Dennis Crowley, Foursquare (45th).

Thursday, June 30, 2011

Zuckerberg now richer than Google founders

Boston: Facebook founder Mark Zuckerberg's personal fortunes have soared, thanks to investment fund GSV Capital's recent stake in the social networking site which has put the Harvard dropout at a worth higher than Google founder Sergey Brin and Larry Page.

Earlier this week, GSV Capital Corp bought 225,000 shares in Facebook at an average price of USD 29.28 each.

This stake values the popular social networking site at about USD 70 billion.

Based on the new investment, Zuckerberg in turn is worth approximately USD 18 billion, a report in Time magazine said.

"With the new valuation, Zuckerberg has one-upped Google co-founders Sergey Brin and Larry Page, whose fortunes are estimated to have dropped," the Time report said.

This estimate makes Zuckerberg the third-richest man in the technology sector in the world, only behind Microsoft's Bill Gates and Oracle's Larry Ellison.

While Gates is estimated to be currently worth USD 56 billion, Ellison is the world's fifth-richest billionaire at USD 39.5 billion.

Earlier this year, Zuckerberg's net worth stood at USD 13.5 billion.

He had already shot past Apple's Steve Jobs last year and has now passed Google's Brin and Page, whose fortunes are now estimated to have dropped to USD 17 billion from USD 19.8 billion in March.