Thursday October 1, 2020

Zuckerberg fails to make top 20 billionaire list

Mark Zuckerberg’s shares of Facebook Inc. may be worth less than $21 billion when the company completes its initial public offering in the months ahead, keeping him out of the top 20 richest people in the world.

5th March, 2012
2
Mark Zuckerberg is just shy of the top 20 list.

Mark Zuckerberg’s shares of Facebook Inc. may be worth less than $21 billion when the company completes its initial public offering in the months ahead, keeping him out of the top 20 richest people in the world.

Zuckerberg owns 28.4 per cent of the social network and is likely to sell about $1.75 billion of Facebook stock to pay off the tax obligation he will incur when he exercises options to buy 120 million shares,...

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