Chart of the Day

The 11 Days Zuckerberg Spent as One of the 40 Richest Humans

Dino Grandoni
Dino Grandoni 4,283 Views May 30, 2012

We're not exactly crying over the $4.7 billion in net worth Facebook founder Mark Zuckerberg lost over 11 days, but here's one way to measure it: he's no longer one of the 40 richest human beings on the planet, as ranked by the Bloomberg Billionaires Index. The chart above shows his ranking starting at No. 29 in the pantheon of earthly wealth on May 17, the day before Facebook's IPO. His net worth peaked post-IPO at $19.4 billion and so did his ranking, at No. 26. But on Tuesday, after a run of bad news starting with bugs in NASDAQ's computer systempessimistic bankers at Morgan Stanleyand punctured tech bubble, Zuckerberg's net worth, according to Bloomberg, dropped to a mere $14.7 billion, low enough to end his run in their top 40. It was sure nice while it lasted. (He's still very, very rich.)

Want to add to this story? Let us know in comments or send an email to the author at dgrandoni at theatlantic dot com. You can share ideas for stories on the Open Wire.

Related Articles   More by Dino Grandoni

Who's to Blame for Facebook's Messy IPO Debut?

Washington Post Chairman Pledges His $46 Million Facebook Windfall to Charity

Facebook IPO Speculation Has Gotten Out of Hand

 

The Drudge Report Can Thank Obamacare for 45 Million Page Views

Jon Stewart Dines Out on Fox News and CNN's Supreme Blunders

Elsewhere on the Web

User Comments

Please type your comment and click Post. If you’re not already logged in you will be prompted to log in or register

  • The Atlantic Wire on Twitter
  • The Atlantic Wire RSS Feed
  • The Atlantic Wire iPhone App