Zuckerberg drops off world’s 40 richest billionaires list post Facebook shares freefall
Submitted by Jamie Williamsonon Wed, 05/30/2012 – 09:27
Washington, May 30 : Facebook co-founder Mark Zuckerberg has dropped off Bloomberg”s list of the richest 40 billionaires in the world after his social networking firm’s disastrous launch on the US stockmarket.
Earlier, Bloomberg”s Billionaire Index had declared Zuckerberg the 29th richest person on Earth after Facebook Inc. sold 421.2 million shares valued for 38 dollars each.
But now, the Facebook founder has fallen off the list entirely, The Los Angles Times reports.