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Thursday, February 23, 2012

Facebook's Zuckerberg Now Richer Than Apple's Steve Jobs

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Source: Forbes.com

Just 5 years after founding Facebook, Mark Zuckerberg is worth more than Apple’s iconic chief Steve Jobs

This year, Zuckerberg, 26, added $4.9 billion to his fortune–vaulting to #35 on the Forbes 400 with an estimated fortune of $6.9 billion. Why the jump? Recent private equity investments in Facebook valued the firm at around $23 billion–more than triple its 2009 value of $7 billion. Illiquid private shares in secondary markets point to an even richer valuation. (See Quentin Hardy’s feature In Zuckerberg We Trust

Jobs has a net worth of $6.1 billion–$1 billion higher than 2009–placing him at # 42 in the list of America’s richest. Still, he couldn’t keep up with Tech’s new whiz kid.

(Check out the 2010 Forbes 400 list of the Wealthiest Americans)

To read rest of the article visit >> Forbes.com


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