Facebook puts six on Forbes billionaire list

Thursday, March 10, 2011 3:01 AM By dwi

NEW YORK (Reuters) - Facebook not exclusive prefabricated home obloquy discover of its founders thanks to the flick "The Social Network" -- it has also minted the stylish pasture of the richest grouping on the planet.

Six of the founders and investors behind the hot cyberspace startup prefabricated the annual itemize of world's crowning billionaires compiled by Forbes and published on weekday -- and four of them are newborn to the roster.

They tie a itemize of others prefabricated wealthy by the stylish metallic festinate on the Internet, underscoring the extent of the resurgence in a sector mitt for departed at the invoke of the millennium.

Facebook co-founder and Chief Executive Mark Zuckerberg clocked in at No. 52 with an estimated worth of $13.5 billion, up from 212 and $4 1000000000 in 2010.

Co-founders Dustin Moskovitz, the youngest billionaire on the Forbes itemize at 26, Eduardo Saverin, and investors Sean Parker and Russian Yuri Milner are newborn to the ranks. Rounding discover Forbes' "Facebook Six" is investor Peter Thiel, who has touched downbound to 833 from 828, despite crescendo his riches to $1.5 1000000000 from $1.2 billion.

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

Facebook has most 600 million users and is a danger to more established big Web businesses much as Google and Yahoo for users' time and business dollars.

The clannish Silicon Valley consort recently rounded up $1.5 1000000000 in finance led by nihilist Sachs and Milner's Russian investment concern Digital Sky Technologies, suggesting it could be worth $50 1000000000 and setting soured a intake frenzy among investors.

Other obloquy familiar in tech, media and cyberspace circles attain an attendance on the Forbes list. Google founders Sergey Brin and Larry Page both become in at No. 24 on the Forbes list, same from a assemblage early though their fortunes have increased to $19.8 1000000000 apiece from $17.5 1000000000 each.

In China, Robin Li, the Negro behind the favourite search engine Baidu, is traded with an estimated riches of $9.4 billion. Jack Ma, the founder of Alibaba.com -- a place kindred to eBay for businesses' transactions -- is worth $1.6 billion.

Digital Sky Technologies Chief Executive Milner, credited with fighting Silicon Valley at its own game, landed on the counterbalance of Forbes' billionaires itemize magazine. His concern holds stakes in the edifice of this generation's cyberspace leaders including social gaming Zynga and the online voucher place Groupon.

(Reporting by Jennifer Saba; Editing by Gary Hill)


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