In a year when the members of the
Forbes Billionaires
List had their combined net worth rise more than 15% since 2012 to $5.4
trillion, the world’s wealthiest technologists underperformed.
Among those with lighter pockets
is Facebook
cofounder and CEO Mark
Zuckerberg. Last year when Forbes valued his fortune, Facebook
was still a hot private company with all the buzz and anticipation of a
potential initial public offering in its future. Things didn’t turn out quite
that way, as the stock tumbled along since its May 2012 IPO. It is now far from
its sub-$20 price point, which it hit in August, but still not back up to the
original $38 offering price. As a result, the hoodie-wearing 28-year-old’s net
worth fell $4.2 billion from 2012′s $17.5 billion valuation, dropping him 31 places on this
year’s list to No. 66 out of 1,426 billionaires. Among the wealthiest in tech,
Zuckerberg falls from the sixth richest individual to the ninth.
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