Facebook CEO is youngest self-made billionaire in history

Mark Zuckerberg CEO of FacebookAt only 23 years old, the founder of social networking website Facebook Mark Zuckerberg reign in as the youngest self-made billionaire in the world. Announced by Forbes magazines yearly billionaire list Mr. Zuckerberg shot up to #785 on the list. You can view his bio page at Forbes here.

Matthew Miller, Forbes Associate Editor announced that billionaire history had been made when he stated, “He is the youngest billionaire in the world right now and we also believe he is the youngest self-made Mark Zuckerberg CEO of Facebookbillionaire in history.” Mark Zuckerberg is even hanging around the likes of Oprah Winfrey who has $1.5 billion network. Although Winfrey is ranking above Zuckerberg they are both stated to be worth $1.5 billion.

One question that has been raised was how Mark Zuckerberg’s net worth was calculated. Some argue that Mr. Zuckerberg is much richer than $1.5 billion when taking into account the $240 million dollar Microsoft invested in Facebook for a 1.6 percent stake in Facebook in 2007. With Microsoft’s investment it places Facebook at market valuation of $15 billion. Mark Zuckerberg holds a 30% stake in the company which would have placed him with $5 billion in net worth.

The Forbes magazine made a statement about how they came up with the valuation when they said, “Would it really fetch that much today? Some analysts — and a few Facebook investors — doubt it.” The Facebook valuation is said to be stated on the estimated annual sales of $150 million dollars. The annual sales were mainly in advertisement revenue deals with Microsoft.

Mark Zuckerberg founded Facebook in February 2004 from his Harvard dorm room. After dropping out of school and moving to Silicon Valley Facebook found venture capitalists ready to made their stake in the fast growing social network. Now Mr. Zuckerberg can have his bragging rights, he is the youngest self-made billionaire in history.

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7 Responses to “Facebook CEO is youngest self-made billionaire in history”

  1. mr ogunger said:

    i will to be your penpal friend.

  2. Javier Sanchez said:

    Hey I’m happy that you made Facebook, but we have a problem I just got hacked by someone and he/she put that I was gay and that I like dick and I want you to put a stop to it thank you.

  3. joy said:

    im happy with facebook but i got hacked please help me to stop this incident, im worried because he is blockmailing and bullying me.thank you…..he hacked my fb, ym, yahoomail….he is also using franklin evans in skype and joy chan descuatan in fb.

  4. Artista said:

    this is such an achievent..

  5. ABDULSALAM said:

    thank for this new web werw everybody is geting look be social with frends and get connected in net and l said GOD BLESS Mr MARK for this wandefull word of tchnology. thank

  6. Constance McQuoid said:

    FB blocks my comments because I told Bank of America was playing predator with my mortgage.
    the kid who “invented” facebook is younger by six years of my youngest child and this little snot nosed thief now is censoring us if they don’t like the content.

  7. Gloria said:

    Mark plz anwer me ASAP!! It very important to me that you do….I.want the whole world to see and know how much of a blessing u are and have been to a woman of christ, a mother who has one daughter that I have not seen in years … Mark she has found meee!!!!! I say this with tears of joy I thank you so, so, so much…wow thank u and the team for Facebook

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