Facebook 6 founders, investers in Forbes billionaire list

Six of the founders and investors behind the popular social networking site Facebook have made it to the Forbes annual list of the world's top billionaires.

It may not have been Facebook's year at the Oscars, with 'The Social Network', the film depicting its creation, being trounced by The King's Speech, but its creators have marked their spot on the list of billionaires.

Created in a Harvard dorm room in 2004, Facebook rocketed from an online directory for college students to the world's No. 1 social network, quickly surpassing its predecessor Friendster and dominating its rival News Corp's MySpace in popularity, The Guardian reports.

Facebook co-founder and Chief Executive Mark Zuckerberg ranks 52 in the Forbes list, with a fortune estimated at 13.5 billion dollars.

His wealth, along with the other 5, massively increased this year when Goldman Sachs invested 1.5 billion dollars, in capital into the site, increasing the value of the company, which remains private, at 50 billion dollars.

Next among the 6 to feature in the list is Dustin Moskovitz, a co- founder. His wealth is estimated at 2.7 billion dollars, making him the world's youngest billionaire

Other members of the Facebook team featuring on the list include Sean Parker (1.6 billion dollars), Peter Thiel (1.5 billion dollars) and a Russian investor in the company, Yuri Milner (one billion dollars).

The final member of the group is Eduardo Saverin, whose falling out with Zuckerberg and the eventual lawsuit and settlement provided the dramatic core of the film 'The Social Network'. Forbes estimates that the agreement that was reached makes Saverin worth 1.6 billion dollars.

However, the top three spots of the Forbes billionaire list remain unchanged, with Carlos Slim Helu, the Mexican Telecom Tycoon ranked at the top spot, with his wealth estimated at 74 billion dollars, followed by Bill Gates (56 billion dollars) and Warren Buffet (50 billion dollars).

Posted by imran Thursday, March 10, 2011


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