Mark Zuckerberg, World's Youngest Billionaire

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By cgull8m

Mark Zuckerberg, founder and CEO of Facebook. - Photo courtesy Facebook
Mark Zuckerberg, founder and CEO of Facebook. - Photo courtesy Facebook

Mark Zuckerberg, founder of Facebook, has become the youngest billionaire in the world at age 23 according to a Forbes estimate. He is ranked 785 on the World’s Billionaires list.

Zuckerberg started Facebook in 2004 from his Harvard dorm room. He left the school to concentrate on building the site.

Zuckerberg got initial investment of $500,000 from PayPal co-founder Peter Thiel. And since then, the site has become a hot product.

Microsoft purchased a minority stake of 1.6 per cent from Facebook for $240 million last year and the deal made Facebook valued at more than $15 billion.

Then, Zuckerberg owned 27 per cent of the company according to reports, and with the company being valued so high, it means Zuckerberg owns about $5 billion in shares. Forbes and other investors however think the company’s value is lower. Forbes thinks the best estimate for Zuckerberg now is $1.5 billion.

Facebook currently has 66 million active users, and 55,000 networks and with estimated annual sales of $150 million.

In the Forbes list of billionaires Zuckerberg is ranked 785, Warren Buffett ranks number 1 and Bill Gates ranks number 3.

He is the youngest billionaire in this and the previous lists and “possibly the youngest self-made billionaire ever” according to Forbes.

Here is the full list of billionaires.

Top 10 Billionaires List

Rank Name Country Age Billions Country of Residence

1 Warren Buffett United States 77 62.0 United States

2 Carlos Slim Helu & family Mexico 68 60.0 Mexico

3 William Gates III United States 52 58.0 United States

4 Lakshmi Mittal India 57 45.0 United Kingdom

5 Mukesh Ambani India 50 43.0 India

6 Anil Ambani India 48 42.0 India

7 Ingvar Kamprad & family Sweden 81 31.0 Switzerland

8 KP Singh India 76 30.0 India

9 Oleg Deripaska Russia 40 28.0 Russia

10 Karl Albrecht Germany 88 27.0 Germany

Comments

Stacie Naczelnik profile image

Stacie Naczelnik 4 years ago

Is he single? Ha ha.

cgull8m profile image

cgull8m Hub Author 4 years ago

Yes he is Stacie :), aren't you married LOL.

funride profile image

funride 4 years ago

Is he gay!? Eheheheh!

As you can imagine I´m just kidding but I really would like to find myself a good godfather :D

Angela Harris profile image

Angela Harris 4 years ago

I had no idea that Bill Gates wasn't the richest man anymore. Warren Buffett has more money than him?

I've got a good-looking college aged daughter that he needs to meet.

cgull8m profile image

cgull8m Hub Author 4 years ago

Hi Funride, I think he has a hot girlfriend :), but will still make a great god father. Cheers :)

Angela, yes Buffett has a strong investment portfolio, even to buy one share costs $1,800 or so and has a very healthy returns about 20 percent per year.

Isabella Snow profile image

Isabella Snow 4 years ago

Well its nice to see he still dresses like a 23 year old. ;)

cgull8m profile image

cgull8m Hub Author 4 years ago

Hopefully he will have better taste after he gets married. This is geek dress :)

linjingjing profile image

linjingjing 3 years ago

Mark Zuckerberg Worlds Youngest Billionaire

I am in favor of

cgull8m profile image

cgull8m Hub Author 3 years ago

He started it at the right time like Google.

ontheway profile image

ontheway 3 years ago

Mark Zuckerberg Worlds Youngest Billionaire

very good, I support you, come on , welcome to my hub!

cgull8m profile image

cgull8m Hub Author 3 years ago

Thanks ontheway.

compu-smart profile image

compu-smart 2 years ago

Tremedous!!One laptop! one guy! one billion dollars!! Top bloke!!

cgull8m profile image

cgull8m Hub Author 2 years ago

Compu-smart, thanks he was at the right place at the right time. He was given a project by a group of his friends, he tinkered it and used it for himself.

Facebookfail 2 years ago

This guy stole the idea for facebook and then pushed his co-founder the guy who put up all the original money out. He is one more example of unchecked greed! But at least he did actually create it unlike Gates who just outright cheated his way up and has never created anything.

eve dhlamini 23 months ago

wow mark well done wish he could come to zimbabwe and give young people a talk

Don Rose 23 months ago

Jealousy is never a good sign of an evolved race of people and it is one of the seven deadly sins. Say only good things and pretty soon you'll have no choice but to think and feel them as well. I rescue stray, abandoned and injured pets and have been doins so since 1975. If you'd like to help, my PayPal account is the same as my email, or you can just drop me a line if you want to talk poetry or higher intelligence, execsales123@aol.com

chijioke_uzomba 22 months ago

So for certain mark is not gay! I would have freaked out and closed my fb account If he was.

sligobay profile image

sligobay Level 6 Commenter 20 months ago

This is a good tight article that conveys alot of interesting information. Cheers.

hpncpsc 20 months ago

how do you duys know if is or isn't gay....idiots...

Didintle Mokase 18 months ago

worlds yougest billiuonaire.congrulation and your the best.

umer 17 months ago

well done Mark !

umer 17 months ago

well done Mark !

Udochukwu 16 months ago

yes i think the list is quite Okay with me

Ewwwwww 16 months ago

He's not gay... he's bi I think.

He blatantly flirts with my best friends boyfriend whenever he can. He's a narcissistic douche bag also. No one has to believe me, but that's what I know.

lollipopqueen101 7 months ago

not sure mark zuckerberg is the youngest billionaire anymore. his coworker Dustin Moskowitz is now the youngest billionaire according to the charts

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