Forbes: Zuckerberg Youngest Self-Made Billionaire

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According to Del Jones at the USA Today;

Billionaires are getting younger. Forbes magazine released its list of the world’s mega-rich Wednesday and said Facebook CEO Mark Zuckerberg, 23, became the youngest ever self-made billionaire.

Zuckerberg, born during the Ronald Reagan presidency, is worth $1.5 billion four years after launching the social-networking site and the third-youngest to crack the billionaire list since Forbes began tracking ages a decade ago. The other two inherited their money. Facebook did not respond to requests for comment.

The Forbes list often reflects the times. Bill Gates was once himself like Zuckerberg and dropped out of Harvard to launch a technology upstart. Gates is now 52 and slipped from first place in the rankings after being the richest person in the world for 13 straight years. In 1995, Gates replaced Yoshiaki Tsutsumi, a Japanese real estate investor who subsequently fell on hard times and was removed from the Forbes list in 2007.

Gates is worth $58 billion, $2 billion more than last year, but he is now third on the list. He was dislodged by Warren Buffett ($62 billion) and Mexican tycoon Carlos Slim Helu ($60 billion). Buffett’s Berkshire Hathaway stock climbed $10 billion; Slim’s fortune rose $11 billion.

 

2 thoughts on “Forbes: Zuckerberg Youngest Self-Made Billionaire

  1. Sachin Balagopalan

    Thanks for your comments on my Site about my MZ post.

    Looks like you have a pretty good blog as well. I’ll bookmark it.

  2. Noel

    The Facebook phenomenon is amazing. But I thought he was worth more than 1.5 billion?

    If I remember correctly, Microsoft valued Facebook at 15 Billion. If Mark Z owns 30 percent of Facebook, does he make him 5 billion?

    (Steve Jobs is worth 5 Billion)

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