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article imageZuckerberg Climbing The Forbes Ladder

By KJ Mullins     Oct 1, 2009 in Business
On Wednesday Forbest released their annual 400 richest Americans list with Facebook's Mark Zuckerberg at number 158. Zuckerberg is the youngest person on the Forbes 400 list.
Zuckerberg is the founder of social media network giant Facebook. At just 25 his net worth is $2 million dollars.
Facebook was started in Zuckerberg's dorm room at Harvard University in 2004. It is now the third largest site on the world wide web.
Facebook has 300 million users and a positive cash flow as of last month, a first in this quarter according to Tech Crunch.
The super rich are losing money according to Forbes. The collective worth of the top 400 has fallen $300 billion over the last year to $1.27 trillion. Last year those super rich in America has $1.57 trillion between them.
Warren Buffet took the biggest hit this year with $10 billion leaving his wallet. 'Poor' Buffett is now only worth $40 billion, making him number two on the list.
Bill Gates, founder of Microsoft keeps his title of America's richest man for the 16th year in a row with $7 billion on his balance sheet.
More about Salary, Mark Zuckerberg, Forbes
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