Saturday, September 25, 2010

Mark Zuckerberg Puts Other Billionaires to Shame

The Forbes of the richest four hundred Americans has been updated again and it's already released. Most notable of all the wealthy people on the list is Mark Zuckerberg, who is one of the founders of Facebook. Two notable things seperate him from other billionaires: Most financially significant is his dramatic increase in wealth last year. His net worth increased by two hundred and forty-five percent. That's a very a large increase in such a short period of time. This is of course due largely to the rising popularity of Facebook which practically omnipresent today. The other founders of Facebook also gained a lot of money but not as much as him. The second thing that makes him stand out is his willingness to give a lot of money to charity. He donated over a hundred million dollars to public schools in Newark, New Jersey. This amount puts other Forbes list billionaires to shame.

As for the list, Bill Gates is still number one. Other notable billionaires like the Waltons of Walmart more or less remain in the same positions as before. The lesser known ones got shuffled around. Michael Bloomberg still retains the title as one of the richest politicians. Fortunately for them, the recession in 2009 barely put a dent on their fortunes, but the same thing can't be said for the rest of us.

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