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Top 10: Social networking billionaires 2011 |
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Top 10: Social networking billionaires 2011 |
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Views: 4679
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Rating:
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#1
03-17-2011, 01:28 PM
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Top 10: Social networking billionaires 2011
In pics: Social networking bilionaires
The social networking frenzy has put several young entrepreneurs and founders in the billionaire bracket. Lets look at the top 10 Forbes' social networking billionaires. Text: Forbes  Mark Zuckerberg Net Worth: $ 13.5 billion Company: Facebook America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion. 
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#2
03-17-2011, 01:56 PM
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 Eduardo Saverin Net Worth: $ 1.6 billion Company: Facebook He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki.
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#3
03-17-2011, 01:57 PM
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 Sean Parker Net Worth: $ 1.6 billion Company: Facebook Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies.
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#4
03-17-2011, 01:57 PM
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 Dustin Moskovitz Net Worth: $ 2.7 billion Company: Facebook The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better.
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#5
03-17-2011, 01:58 PM
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 Peter Thiel Net Worth: $ 1.5 billion Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake.
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