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Mark Zuckerberg Worth $17.6 Billion 

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  #1  
Old 05-04-2012, 10:41 AM
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Mark Zuckerberg Worth $17.6 Billion

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Mark Zuckerberg will become one of the worlds' richest people, worth $17.6 billion (£10.8 billion) when Facebook floats on the stock market on May 18.
Zuckerberg, 27, will be worth more than technology rivals such as Microsoft's fiery CEO Steve Ballmer, who at 56 is twice Zuckerberg's age, according to official documents filed by Facebook yesterday with US financial regulators.
He will also be richer than Michael Dell, 47, and Russian steel billionaire Vladimir Lisin, who at 55 is also twice Zuckerberg's age.
The CEO will also maintain about 58% of the company's voting power.
Facebook has set a price range of $28 to $35 for its initial public offering of stock - potentially valuing Facebook at $79.3 billion, by far the biggest IPO in Silicon Valley history.
The IPO could raise as much as $11.8 billion in Silicon Valley's largest IPO ever.
Investors are expected to flock to the highly anticipated IPO, though some have voiced concerns about the social network's longer-term growth.
Last week, Facebook reported its first quarter-to-quarter revenue slide in at least two years.
Investors took it as a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO.
'It was a faster slowdown than we would have guessed,’ said Brian Wieser, an analyst with Pivotal Research Group.
‘No matter how you slice it, for a company that is perceived as growing so rapidly, to slow so much on whatever basis - sequentially or annually - it will be somewhat concerning to investors if faced with a lofty valuation,’ Wieser said.



Facebook's IPO has been highly anticipated, not just because of how much money it will raise but because Facebook itself is so popular. The world's largest online social network has more than 900 million users worldwide.
If the underwriters sell the extra stock reserved for overallotments, the IPO will value Facebook at $79.3 billion at the high end of the price range.
That's much higher than any other Internet IPO in the past, even Google Inc. in 2004, which raised $1.9 billion. The range came in a regulatory filing Thursday.
After that, Facebook will go on an 'IPO roadshow,' where executives talk to potential investors about why they should invest in the stock.
If all goes well, Facebook's stock is expected to price on May 17 and make its public debut on May 18.
The indicative price range, which is lower than first expected, can be adjusted depending on Wall Street's response.
CEO Mark Zuckerberg, who turns 28 this month, has emerged as a wunderkind leader who's led Facebook through unprecedented growth from its scrappy start as a hangout for Harvard students.
Zuckerberg will keep tight control over the company even after the IPO.
He will control about 58 percent of the company's voting power, through stocks he owns or because other shareholders have promised to vote his way through shares that they own.
This means he will have final say over the biggest decisions facing the company even after it goes public.
Zuckerberg will own 31.5 per cent of Facebook's outstanding stock after the IPO.

Facebook's expected valuation will easily surpass well-known corporations such as Kraft Foods Inc.
It will be listed on the Nasdaq under the ticker 'FB.'
The indicative price range can be adjusted depending on Wall Street's response. Investors are expected to flock to the highly anticipated IPO, though some have voiced concerns about the social network's longer-term growth.
Last week, Facebook reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling just as it prepares to go public. Its stock should begin trading in about a week or two.

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  #2  
Old 05-04-2012, 10:50 AM
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Re: Mark Zuckerberg Worth $17.6 Billion

Smart hipster, without the stupid masses he wouldn't have made all that money.

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Old 05-04-2012, 05:08 PM
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Re: Mark Zuckerberg Worth $17.6 Billion

Sure he has all that cash, but he's still socially retarded.

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Old 05-04-2012, 05:44 PM
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Re: Mark Zuckerberg Worth $17.6 Billion

Now that is one skanky t-shirt for a billionaire to be wearing

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Old 05-05-2012, 07:24 PM
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Re: Mark Zuckerberg Worth $17.6 Billion

The lighting probably has a lot to do with it, but he does look like a crackhead there lol.

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Old 05-05-2012, 09:11 PM
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Re: Mark Zuckerberg Worth $17.6 Billion

I would be so scared knowing that millions of people know I'm worth that much.

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Old 05-05-2012, 09:50 PM
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Originally Posted by Pyramid_Head View Post
I would be so scared knowing that millions of people know I'm worth that much.
Everyone here knows I'm worth double and it's not that bad. That is however my worth in charm.

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Old 05-05-2012, 11:00 PM
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Re: Mark Zuckerberg Worth $17.6 Billion

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Originally Posted by Sharon. View Post
Now that is one skanky t-shirt for a billionaire to be wearing
he drives a honda fit, what do you expect?

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Old 05-06-2012, 08:06 AM
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Re: Mark Zuckerberg Worth $17.6 Billion

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Originally Posted by Sharon. View Post
Now that is one skanky t-shirt for a billionaire to be wearing
It's a facebook t-shirt

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Old 05-06-2012, 08:11 AM
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Re: Mark Zuckerberg Worth $17.6 Billion

Those are some tiny fucking hands right there. Just sayin'.

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