Mark Zukerberg richer than Google founders: Forbes

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Facebook CEO Mark Zuckerberg. Photo - Justin Sullivan/Getty Images)

According to Forbes’ annual “Richest People in America” list,?also called Forbes 400, Facebook CEO Mark Zuckerber?s fortune exceeded Google founders Larry Page and Sergey Brin.

With an estimated fortune of $17.5 billion, Zuckerberg is ranked at No. 14 on the 2011 Forbes 400. Last year, Zuckerberg surpassed Apple’s Steve Jobs with a mighty valuation.

Zuckerberg?donated $100 million to Newark schools and was named?Time magazine’s “Person of the Year.”

Bill Gates is Forbes’ No. 1 spot this year with a net worth of $59 billion, followed by Warren Buffet ($39 billion), Oracle CEO Larry Ellison ($33 billion), and philanthropist brothers Charles and David Koch, worth about $25 billion each.

Other in the list are Michael Dell?(No. 18),?Microsoft CEO Steve Ballmer?(No. 19), Microsoft co-founder Paul Allen (No. 23), Apple founder Steve Jobs?(No. 39), eBay founder Pierre Omidyar (No. 50), Google CEO Eric Schmidt (No. 51), and George Lucas (No. 107).

The reason for Jobs being so low in the list is because most of Jobs’ wealth is in the form of preferentially owned stock. Jobs owns about 5 million shares of Apple and 138 million shares of Disney, which he received when Disney bought Pixar for $7.4 billion back in 2006.

Sources: ibtimes.com, Times of India

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