August 3, 2012 |
Facebook's Mark Zuckerberg, who owns 503.6 million shares of the world's largest social network, has lost about $9 billion since the company went public in May. The 28-year-old co-founder has seen the value of his company fall by nearly half since its initial public offering at $38 per share. On Thursday alone, his fortune fell by $423 million when the stock price reached a new low of $20.04. Photos: Facebook and Mark Zuckerberg At market close Thursday, Zuckerberg was worth $10.2 billion, according to the Bloomberg Billionaires Index.
May 18, 2012 |
What do you do when you've just rung the Nasdaq bell at the opening of trading on the day your stock is listed? If you're Mark Zuckerberg, you update your Facebook page, of course. Who else, really, could post this one: "Mark Zuckerberg just listed a company on NASDAQ. " And he tagged five others with him -- Chris Cox, Cipora Herman, Dave Kling, David Ebersman and Sheryl Sandberg. It hit right as he was marking the open of trading. And he's already received 300 likes and 22 comments on his " recent activity . " PHOTOS: Facebook shares make their stock market debut [ Updated, 8:50 a.m. May 18: Amid the ovations and congratulations, there was also some speculation about what might have been for Zuckerberg if Facebook had never been.
December 20, 2013 |
Mark Zuckerberg this month is donating nearly $1 billion worth of Facebook stock to a Silicon Valley charity as part of a pledge he's taken to devote half of his wealth to philanthropy. In total, Zuckerberg is donating 18 million shares to the Silicon Valley Community Foundation, which gives grants to other nonprofit organizations in the region that work in areas ranging from education to the environment. Based on the current price of Facebook's stock, the donation is worth about $985 million.
May 29, 2012 |
Facebook's foreign co-founder, Eduardo Saverin, finally addressed publicly the rift between himself and Facebook Chief Executive Mark Zuckerberg, saying there were "no hard feelings" between the two. Saverin, 30, one of the social network giant's original four founders, spoke of his relationship with Zuckerberg, how it was portrayed by Hollywood, his recent decision to give up his U.S. citizenship and his current work in Singapore in a cover story...
April 11, 2013 |
SAN FRANCISCO -- Joe Green, Mark Zuckerberg's Harvard roommate, is famous for having turned down an offer to move to Silicon Valley to join Facebook. Instead Green finished his college degree and worked for 2004 Democratic presidential nominee John Kerry, missing out on a once-in-a-lifetime payday. Now he's reuniting with his college pal on a project that straddles two worlds for which he has great affinity: technology and politics. Green, 29, is the founder and president of Fwd.us., a new political advocacy group funded by Zuckerberg and other prominent Silicon Valley executives to press for immigration reform and other technology industry causes.
May 30, 2012 |
The plunging price of Facebook stock aside, Mark Zuckerberg seems to have become ensnared in a kerfuffle over his apparent decision not to leave a tip on a meal during his honeymoon in Rome. The online Telegraph newspaper reports the Facebook tycoon failed to leave a tip after spending about $40 on fried pumpkin flowers and sea bass-stuffed ravioli at Nonna Betta in the Italian capital's historic Jewish quarter. What he ate isn't important, but what he should have known about tipping etiquette is. Travel outfitter Magellan's says 10% above the service charge is appropriate throughout Italy . Conde Nast Traveler 's tipping guide says leave as close to 10% as possible, no more than that, when in Italy.