7/02/2011

Mark Zuckerberg Net Worth

Mark Zuckerberg Net Worth

Mark Zuckerberg Net Worth has passed $18 Billion mark according to fobers.
Estimation of Zuckerberg’s net worth was considered on the basics of facebook’s 225,000 share which was bought by GSV Capital at an average price of $29.28 per share.which has given social Networking site valuation of $70 billion making facebook founder Mark Zuckerberg the world’s third richest Technology Tycoon. As per valuation Microsoft chairman Bill Gates is still first, followed by Oracle co-founder and CEO Larry Ellison. Looking at falling share of Google it is assumed that he has passed Google co-founders Sergey Brin and Larry Page in Net Worth.

Earlier this year when fobers calculated World Richest People list, Facebook was valued at $50 billion which has made Mark Zuckerberg net worth increased from $4 billion to 13.5 billion. when Facebook announced that it had raised $1.5 billion at a valuation of approximately $50 billion. Now he’s at $18 billion.