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Zuckerberg Falls From Tech’s Richest as Facebook Falters

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Fri, 03 Aug 12 4:02 PM | 33 view(s)
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Zuckerberg Falls From Tech’s Richest as Facebook Falters

By Peter Newcomb and David de Jong - Aug 3, 2012 12:00 AM ET
Facebook Inc. (FB) co-founder Mark Zuckerberg is no longer among the world’s 10 richest technology billionaires.

The 28-year-old’s fortune dropped by $423 million yesterday as shares of the world’s largest social media company fell 4 percent to $20.04 in New York, a record low. Zuckerberg is now worth $10.2 billion. He is about $400 million behind James Goodnight, the co-founder of Cary, North Carolina-based software maker SAS Institute Inc., who now ranks as technology’s 10th- richest person, according to the Bloomberg Billionaires Index.

More: http://www.bloomberg.com/news/2012-08-03/zuckerberg-falls-from-tech-s-richest-as-facebook-falters.html




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