Facebook's (FB) Zuckerberg More Wealthy than Google (GOOG) Co-Founders
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But he still enjoys a hot, steamy bowl of Ramen Noodles...which is nice.
According to reports and SEC filings, Facebook's (Nasdaq: FB) CEO Mark Zuckerberg will be the 29th richest person on planet Earth (probably Mars and Uranus, too) following the IPO slated for Friday.
Facebook has sold 421.2 million shares at $38 each for a kingly sum of $16 billion, valuing the social network giant at $104 billion. Zuckerberg currently holds 503.6 million common shares as well as options, which would be valued at $19.1 billion.
Google's (Nasdaq: GOOG) Sergey Brin and Larry Page have to be ticked.
Facebook is currently valued at 28 times earnings and 100 times net income, both of which are high compared with peers in the S&P 500.
Shares of Facebook are...not yet trading, but will probably shoot higher.
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According to reports and SEC filings, Facebook's (Nasdaq: FB) CEO Mark Zuckerberg will be the 29th richest person on planet Earth (probably Mars and Uranus, too) following the IPO slated for Friday.
Facebook has sold 421.2 million shares at $38 each for a kingly sum of $16 billion, valuing the social network giant at $104 billion. Zuckerberg currently holds 503.6 million common shares as well as options, which would be valued at $19.1 billion.
Google's (Nasdaq: GOOG) Sergey Brin and Larry Page have to be ticked.
Facebook is currently valued at 28 times earnings and 100 times net income, both of which are high compared with peers in the S&P 500.
Shares of Facebook are...not yet trading, but will probably shoot higher.
***SPECIAL BONUS: Add this article to your timeline for an exclusive Streetinsider.com Prize Pack. The Pack includes a secret decoder ring, three sticks of Extra chewing gum (misc. flavors), a year subscription to Cosmopolitan, a 12-ounce jar of handmade pickles, and a T-Shirt from the 1999 Hootie and the Blowfish World Tour!
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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