Zuckerberg lags the 40th placed billionaire on Bloomberg’s list.

Facebook founder Mark Zuckerberg has fallen out of the billionaire big league fewer than two weeks after taking the social network public.

The 28-year-old has seen over $4bn wiped off the value of his fortune since the company went public in an initial public offering (IPO), dropping him off the list of the top 40 billionaires measured by Bloomberg Billionaires Index, a daily ranking of the world’s wealthiest.

Zuckerberg’s fortune stood at $18.95bn before the IPO when Facebook’s shares were priced at $38. The company’s shares hit new lows Wednesday, coming close to $28, $10 below the IPO price and valuing Zuckerberg at close to $14.75bn. For more details click herehttp://goo.gl/irr7eaviator


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s