Thursday, March 6, 2008

Mark Zuckerberg - The Youngest Billionaire

Hacker, Dropout, Now World’s Youngest Billionaire. Mark Zuckerberg, the 23-year-old founder of social networking site Facebook, is the youngest ever self-made billionaire to hit 785 in ranks, according to an annual list published by Forbes magazine. On the same rank is Zhang Keqiang of China. In fact, Forbes put the former Harvard student’s personal wealth at 1.5 billion dollars on top of Facebook’s worth. Moreover, based on Microsoft paying 240 million dollars for a 1.6 percent stake in the company last year the site has been rumored to be worth 15 billion dollars and has been reaping an estimated 150 million dollars in annual sales.

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