Investing

Facebook CEO Zuckerberg Get Rich

The focus of the Facebook IPO turned to the wealth of founder Mark Zuckerberg, again. The issue is so much more important than the company itself, or its new investors, that Bloomberg reported Zuckerberg will be worth more than Steve Ballmer.

Ballmer has spent decades laboring at the top, or near the top of Microsoft (NASDAQ: MSFT), the old world tech titan of the 1980 and 1990s. The people who have become really rich in the last year are the founders of LinkedIn (NASDAQ: LDNK), Groupon (NASDAQ: GRPN), and Zynga (NASDAQ: ZNGA).

Zuckerberg is about to take his spot at the top of that pyramid. And, Ballmer gets pushed down the list, at least until Facebook’s stock drops.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.