Sunday, March 13, 2011

Welcome the Facebook Billionaire’s Club

When I signed up for Facebook I did so as a means of keeping up with different trends in social media. I enjoy using it to communicate with friends. However, I had no idea that Facebook would become as big as it is. The site has taken over MySpace as the top social networking site in the world and has even been used as a place for brining all kinds of people together.

The site has influenced a variety of films and has even been used to help support the revolution in Egypt by linking people in the area together for the event. Today the site continues to be influential in that a number of people in Facebook are now on Forbes’ list of billionaires. There are six people from Facebook who are on this prominent list.

Who’s on the list?

Of course, founder and executive Mark Zuckerberg is the most prominent figure on the list. He has earned about $13.5 billion off of the site. Eduardo Saverin and Dustin Moskovitz, the two co-founders of the site, are also high on the list. Moskovitz is actually the youngest person on the site.

Three other investors are also on the list. These include Yuri Milner, Napster founder Sean Parker and Peter Thiel.

The value keeps going up

The value that is found on Facebook is going up quickly. The worth of Zuckerberg has increased by more than three times. This has been the case since the end of the last year. Also, the growth of the site in terms of users and visitors has helped to make the site more prominent and valuable to more people.

What happens next?

There is a potential for the value of Facebook to keep going up to where these billionaires will be even more prominent and valuable. The site has been evolving and is continuing to growing even as other sites have begun to pop up and become valuable. Of course, there is a potential with this growth that there could be some additional people getting into the list of billionaires.

I would not be surprised if Zuckerberg even made it into the top ten at some time in the future. The rise of the site has made it so it is more popular and prominent over other social media sites. I expect Zuckerberg’s value to keep going up as time goes by, thus making him one of the wealthiest people in the country and even on par with some other big executives.

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