Social network founder more than twice as rich as media mogul Rupert Murdoch, $3bn more than Microsoft CEO

Zuckerberg could be worth $19bn after Facebook IPO

Facebook’s upcoming IPO later this month could make founder Mark Zuckerberg worth more than $18.7 billion.

The social networking giant is valued in its IPO filing between $77 and $96 billion, which dwarfs the $23 billion valueation of Google’s IPO in 2004.

The company is planning to raise up to $13.6 billion from stock, and will be priced between $28 and $35 per share.

As reported by The Wall Street Journal, Zuckerberg, who owns 533.8 million Class B shares, would be worth $18.7 billion if Facebook’s public sharing hits its top estimate. This would also make him more than $1 billion richer than the current estimate of $17.5bn.

This would make the Facebook founder twice as rich as media mogul Rupert Murdoch, and worth $3 billion more than Microsoft CEO Steve Ballmer, as estimated by the Forbes 400.

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