Face book founder Mark Zuckerberg trumped many tec billionairies to emerge the third richest person in the technology sector. After the investment fund GSV capital bought 225,000 shares in Face book at an average price of $29.28 each. Zuckerberg catapulated to the top ranks of the world's wealthiest with a personal fortune now estimated at $18 billion.
Among technology moguls, only Microsoft founder Bill gates worth $56 billion and oracle's Larry ellison with $39.5 billion count ahead of Zukerberg in the wealth sweepstakes. Zuckerberg, a Harvard dropout, has a higher worth than Google founders Sergey Brin and Larry Page, whose fortunes have now declined to $17 billion from $19.8 billion in March. The social networking site currently enjoys a valuation of $80 billion and is expected to go public next year!
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