In this week, GSV investment capital fund purchased 225000 shares of Facebook with the approximate price of $30. This laid to the increment of about $70 billions for the social networking circles.
According to FORBES, we can make an approximation that Facebook C.E.O. Mark Zuckerberg has passed $18 billions from these calculations.
Thus it can be concluded that Zuckerberg has now reached to the top three positions of worls’s richest person in technological sector. Other two top men are Bill Gates of Microsoft corporations and Larry Ellison who is co-founder of Oracle.
Steve Job of Apple was also among the list followed by Sergey Brin of Google. But recently they are dropped from the list due to continuous falling of the Google’s share and same thing applies for Apple.
The most amazing thing here to be noticed is that Mark Zuckerberg is also richer than C.E.O. of Microsoft; Steve Ballmer. Estimated earnings of Facebook owner in 2010 was approximately $5 billion. Earlier this year Zuckerberg’s wealth had an increment of $13.5 billion which altogether makes his wealth to $18 billion and 3rd richest person in technological field.
The $70 billion estimation has also surprised other co-workers of Facebook along with Mark Zuckerberg. Some of them are Dustin Moskovitz, Sean Parker, Yuri Milner, Eduardo Saverin and many more. These co-workers also became richer.
Again the most surprising thing to be noted is that the above calculation was done by just keeping in mind the $70 billion share market. If we consider the other sources of their incomes which are being processed by secondry market then It is very difficult for us to calculate the estimated earnings of Zuckerberg and other co-workers of Facebook.
Two months ago, 100000 shares of Facebook was priced for $32.00 per share which makes $80 billion valuation and by 2012 it is estimated that it will make a total valuation of $100 billion.
Unbelievable but true fact of whats happening around the market.
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