Monday, August 27, 2012

Facebook's Mark Zuckerberg Kicked Off The Billionaires List


Mark Zuckerberg and his wife looking glum on their honeymoon

Things are going from bad to worse for Facebook CEO Mark Zuckerberg, as he has been kicked off Bloomberg's billionaires list, due to his company's IPO turning disastrous on Wall Street this year. Facebook's value was greatly inflated by the company.

Many stockholders were fleeced as a result, losing large sums of money investing in the company, when the stock plummeted as soon as it hit the market. Considering Zuckerberg's documented history of stealing intellectual property and betraying friends to get ahead in business, it is just that he face these issues.