Facebook's Zuckerberg worth $6.9 billion, passes Apple's Jobs on Forbes 400 list

General

We do wonder what it is like to be 26 years old and have a net worth of $6.9 billion. Seems like a pretty awesome problem to have. Forbes is reporting that Facebook founder and CEO Mark Zuckerberg is now ranked thirty-fifth on the Forbes 400 list; a list that details the richest Americans. One notable tech persona that Mr. Zuckerberg leapfrogged is Apple CEO Steve Jobs. Mr. Jobs is currently ranked forty-second on the list with an estimated net-worth of $6.1 billion. The young, social-networking tycoon isn’t just hoarding his cash though. The Wall Street Journal is reporting that the Facebook CEO is expected to announce a $100 million donation to the Newark Public School System. Currently the Newark, NJ system is the lowest performing system in the country; only half of its 40,000 students graduate high school. Nice work Mr. Zuckerburg, we’ll hit the proverbial “like” button for your charitable works.

Read [Forbes, WSJ]

60 Comments
  • http://txhoudini.com txhoudini

    Can someone explain how the president of a company that makes 800 million a year (net) is worth almost 7 billion?

    His liquid worth is minuscule compared to Jobs, Gates, etc, etc, etc.

    As my mother always told me, it’s only worth what someone is willing to pay and if you are willing to sell.

  • http://BGR nancy sandoval

    Is the money going to pay the teachers, buy supplies for the school ( computers, paper, desks ) or all of the above. Whatever it is its, those children are mighty lucky to have him on their side.
    You are an ANGEL Mark Zuckerberg : )

  • DonnyKerabatsos

    I agree with you, just not your particular phrasing, but I definitely agree. The biggest money making scheme out there is the public school teacher union.

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