Zuckerberg Moves Up The Forbes 400 List. Net Worth Now $2 Billion | Hacker News Reader

Zuckerberg Moves Up The Forbes 400 List. Net Worth Now $2 Billion

techcrunch.com

17 pointsvaksel12 comments

I find it really hard to take these lists seriously.

How many billionaires (or even millionaires that you know) keep the fact close to their chest? There's probably a lot of quite rich people out there who are more than happy to let you think someone else is richer than them.

Keeps the vultures and losers away from them and lets them get on with enjoying life.

In fact I'm certain there's quite a few people to go to extensive lengths to stay OUT of lists like this.

EDIT: Oh and paper money does not count until you execute your trade. Just ask anyone who was "rich" before the crash.

it is also really hard to keep your net worth a secret when it's in billions.

I challenge you to give some examples of people who've got that rich (legally) yet kept it a secret.

I see a flaw in your challenge...

or perhaps your self confidence proves my point?

Sorry, I should have explained myself.

The literal interpretation of the challenge is a paradox. The contradiction is that a secret is no longer a secret once revealed (hence my comment).

I don't think that is what you were trying to convey. You do raise a valid point, but without any supporting evidence, it is thoroughly unconvincing. The absence of X is not enough to conclude that X does not exist (especially when X is being purposefully hidden, as in this case).

NOTE: I am not disagreeing with you. I don't know whether or not secret rich people exist.

Good for him. He's created something incredibly valuable that I use frequently for personal and professional reasons and has managed to keep the site growing and functional.

This is a cool achievement and if he's worth $2B then so be it.

Has anyone ever been rated a billionaire before based on a VC valuation alone?

Looks like Larry and Sergey were rated as worth $1B each by Forbes in 2004. (List was published in February, Google IPO happened in August) http://bit.ly/549cO

That must feel good, but it doesn't buy him much yet.

Did he participate in Digital Sky or previous offerings along with other employees?

Otherwise his liquidity must be non-existent.

Unless of course he has borrowed against his stock, like many people did during the first bubble. I would hope that he would have the intelligence to not get over extended and count his chickens before they hatch.

congratulations.

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