Visit Indian Travel Sites
Goa,
Kerala,
Tamil Nadu,
Andhra Pradesh,
Delhi,
Rajasthan,
Uttar Pradesh,
Himachal Pradesh,
Assam,
Sikkim,
Madhya Pradesh,
Jammu & Kashmir
Karnataka
|
Zuckerberg 'biggest dollar loser' on Forbes 400 list after Facebook's IPO crash | | Facebook co-founder Mark Zuckerberg is 'biggest
dollar loser' in Forbes' latest ranking of the 400 wealthiest Americans after he fell from No.14 to No.36 on the list, thanks to the social website's lackluster
IPO in May. The highly-touted IPO, which witnessed a debacle on the New York Stock
Exchange (NASDAQ), resulted in a huge drop in Facebook's market value and cut
the value of Zuckerberg's shareholdings to almost half, costing him 8.1 billion
dollars in net worth. Microsoft Corp. co-founder Bill Gates continues to remain
the richest American by far, as he took the top spot on 'The Forbes 400' list
for the 19th consecutive year, with a net worth of 66 billion dollars, the News.com.au
reports. According to the report, investor Warren Buffett, the head of Berkshire
Hathaway Inc., again took second position on the list with 46 billion dollars,
while Oracle Corp. co-founder Larry Ellison remains third with 41 billion dollars
and brothers Charles and David Koch, co-owners of Koch Industries Inc., tied for
fourth with 31 billion dollars. The Forbes 400 list, which ranked the wealthiest
people in the United States , said that the rich mainly got richer in 2012, with
net worth rising for 241 members of its list and shrinking for only 66. Rising
stock prices, a rebound in real estate values and rare art prices also helped,
the report said. New York City Mayor Michael Bloomberg, who made his fortune with
the financial data services firm Bloomberg LP, is also back with the top dogs
at No.10 with an estimated net worth of 25 billion dollars, it added. The top
10 people on the Forbes 400 list are: 1. Bill Gates - 66 billion dollars 2. Warren
Buffet - 46 billion dollars 3. Larry Ellison - 41 billion dollars 4. Charles Koch
and David Koch - 31 billion dollars 6. Christy Walton and family - 27.9 billion
dollars 7. Jim Walton - 26.8 billion dollars 8. Alice Walton - 26.3 billion dollars
9. S. Robson Walton - 26.1 billion dollars 10. Michael Bloomberg - 25 billion
dollars.
|
|
|
|
|
|
|
