Facebook CEO Mark Zuckerberg is 29th Richest Person

Neal Alfie Lasta on May 18th 2012 in Facebook 0

Mark Zuckerberg is now 29th richest person in the world (Image: xianrendujia (CC) via Flickr)

Twenty-seven-year-old Mark Zuckerberg’s value is now at $19.1 billion, making him the 29th richest person in the world, according to Bloomberg’s Billionaire Index.

Facebook’s IPO has 421.2 million shares, with each share valued at 38 dollars. The social networking site is now worth $104.2 billion.

This has put Mark Zuckerberg above Larry Page and Sergey Brin of Google, but he is no richer than Oracle’s Larry Ellison, whose value stands at $34.2 billion, and Microsoft’s Bill Gates, whose value is $60.4 billion.

Michael Bloomberg himself, valued at $22 billion, is richer than Mark Zuckerberg.

Aside from Mark Zuckerberg, other Facebook executives benefited from the IPO. Eduardo Saverin, who made news headlines for renouncing his U.S. citizenship, is now valued at $2.7 billion.

Sheryl Sandberg, Facebook’s Chief Operating Officer, is now $1 billion. Dustin Moskovitz, first chief technology officer (CTO) of Facebook, is now worth $5.1 billion.

Saverin congratulated Mark Zuckerberg before Facebook released the share offers in New York. Now based in Singapore, he reminisced the early years of Facebook in a post on the site.

Saverin said, “on the eve of the Facebook public float, eight plus years in the making, I as co-founder wanted to look back and cherish Facebook’s early beginning. Congrats to everyone involved in the project from day one till today… I especially wanted to congratulate Mark Zuckerberg on keeping tremendous stead-fast focus, however hard that was, on making the world a more open and connected place.”