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Tuesday, February 8, 2011

Mark Zuckerberg $6.9 B

Mark Zuckerberg

  • Age: 26
  • Title: Founder
  • Organization: Facebook
  • Source: Facebook, self-made
  • Residence: Palo Alto, CA
  • Country of citizenship: United States
  • Education: Dropout, Harvard University
  • Marital Status: Single

"Zuck" runs network of 600 million "friends" who announce births, deaths, breakups, geopolitical revolutions, share photos and harvest squash 30 billion times a month. Site is second-most-visited worldwide, after Google; users spend over 700 billion minutes per month with site. Harvard dropout even runs his own monetary system--Facebook Credits--to facilitate transactions. Personal fortune soared $4.9 billion this year to $6.9 billion as private equity outfits stumbled over each other to buy stock at soaring valuations--at last count the company was valued at $23 billion (Illiquid private shares in secondary markets point higher). Said to end meetings with fist pump and chants of "Domination!" Interests (per Facebook page): minimalism, revolutions and "eliminating desire."