*** Not sure what is going on with this topic. I had no intention or desire to reopen this topic, it's pretty old. However, someone posted a reply yesterday, which is now gone or removed, and I added an update reply to the topic. There was also a reply posted "after" my reply which is also gone or removed. So my reply update is the only one left standing ... why, have no clue?
In summary ... I did not revive this topic.
Well, when I started that topic last year ... Facebook seem to be getting a lot of "negative" press and the stock wasn't all that hot ... after the rough start.
However ... months later he (CEO Mark Zuckerberg) has become very rich ... good or bad, Facebook has made a lot of money for him and others.
Facebook CEO Mark Zuckerberg is world 16th richest man: Surpassed Google co-founders and Amazon chairman
Vamien McKalin, Tech Times | July 26, 2014
Facebook CEO, Mark Zuckerberg, is now richer than both Google founders and Amazon's chairman. On Thursday, Zuckerberg's net worth rose to $33.3 billion, which makes the hoodie-wearing CEO number 16 on the Bloomberg Billionaire Index.
On the Bloomberg Billionaire Index, Google's co-founders Larry Page and Sergey Brin ranks number 17 and number 18 respectively, with a net worth of around $33.1 billion and $32.8 billion. Furthermore, Zuckerberg has also grown richer than Amazon's chairman, Jeff Bezos, whose net worth is somewhere around $32.6 billion, which makes him the 20th richest person in the world.
The reason why Zuckerberg has surpassed the Google co-founders and Amazon's chairman is mainly because Facebook closed at a new record on Thursday. The social network managed to report second-quarter sales at around $2.91 billion, which exceeds the $2.81 billion estimated by analysts.
This jump in profits added around $1.6 billion to Mark Zuckerberg's personal coffers.
At the moment, Zuckerberg is 30 and already the 16th richest person in the world. However, he has a lot of grounds to cover if he's interested in surpassing the richest man in the world, Bill Gates. As of now, Gates net worth is somewhere around $84.7 billion, and as long as he owns shares in Microsoft, it may take a long time before Gates slips from the top. Though, it would depend on how well the software company performs in the coming years.
Bill Gates isn't the only ahead of Mark Zuckerberg, obviously. He sits behind number 2 richest man in the world, Carlos Slim, who has a net worth of $78.8 billion. Slim made his billions by being a telecommunication tycoon. Furthermore, there's also Spain's Amancio Ortega, who is the majority owner of the Inditex, the world's largest clothing retailer.
Ortega currently has a net worth of around $63.9 billion.
We can't talk about the billionaire party boys without including Warren Buffet, the 4th richest man in the world with a net worth of $63 billion.
With increased competition from Google+ and Pinterest, Facebook's future growth might not be enough to kick Zuckerberg's profits to Gates-like worth. Already, we're seen that social network users tend to prefer Pinterest and Google+ over Facebook, according to a recent report.
Edited by monroe, 01 August 2014 - 03:45 AM.