Youngest Billionaire in History Mark Zuckerberg.....Not a Billionaire Anymore........


According to the never-wrong Wikipedia, Forbes recently declared Facebook founder Mark Zuckerberg "possibly the youngest self-made billionaire ever." That was before this year's stock market crash.
Mark Zuckerberg owns 20%-30% of Facebook (reporting varies). Facebook's common stock is now trading on private markets at about a $2 billion valuation. 20%-30% of $2 billion is $400-$600 million.
Now, few people we know would object to having a net worth of $400-$600 million, especially at age 24. But let us not muddy the meaning of the word "billionaire."


Read more: http://www.businessinsider.com/2008/12/youngest-billionaire-in-history-mark-zuckerberg-not-a-billionaire-anymore#ixzz15SflsmMd

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