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Larry Page - Google_____________________________________________________________________________________________
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Larry Page - Google
Filed Under: Larry Page - Google, Success Story
Born: March 26, 1973 - Lansing, Michigan
Age: 35
Country Of Citizenship: United States
Residence: San Francisco, California , United States,North America
Occupation: Co-Founder & President of Products of Google Inc.
Net worth: $18.5 billion USD (2007)
Fortune: Self made
Source: Google
Industry: Technology
Salary: $25,045 USD (2005)
Marital Status: Married
Spouse: Lucinda Southworth
Education: University of Michigan,
Bachelor of Arts / Science Stanford University, Master of Science
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ABOUT
Lawrence Edward Page was born in Lansing, Michigan. His father, Dr. Carl Victor Page, was a professor of computer science and artificial intelligence at Michigan State University, where Lawrence's mother, Gloria, also taught computer programming. The Page family home was full of first-generation personal computers and scientific magazines, and young Larry, as he was called, immersed himself in them. Significantly, his older brother, Carl Page, Jr., also became a successful Internet entrepreneur.
Larry Page attended a Montessori school in the primary grades and later graduated from East Lansing High School. He was an honors student at the University of Michigan, where he also participated in the University's solar car team, reflecting another lifelong interest: sustainable transportation technology. After graduating with a B.S. in computer engineering, he undertook graduate studies in computer science at Stanford University in Palo Alto, California. It was here that he first undertook the project of analyzing patterns of linkage among different sites on the World Wide Web. It was also at Stanford that he first met fellow computer science graduate student Sergey Brin and recruited him to join his research project.
The Internet and the World Wide Web were just taking shape as major forces in telecommunication when Larry Page entered Stanford. Larry Page wanted to devise a method for determining how many other web pages linked to any one given page. Existing facilities for exploring the Web could only rank search results by the frequency of appearance of a given word on any page of the Web. Searches often produced endless lists of web sites of very little pertinence to the user's query. Page soon found that ranking web sites by the number of links leading to it from other sites was a far more useful measure of a Web document's relevance to a user's search criteria. To explore the possibilities of his new "PageRank" mechanism more fully, he called on the data mining expertise of his classmate, Sergey .
Sergey Brin was born in Moscow, Russia in 1973. He immigrated with his family to the United States at the age of six and grew up in Adelphi, Maryland. His father, Michael Brin, was a professor of mathematics a the University of Maryland. Like Larry Page, he attended a Montessori school as a small child. He graduated from Eleanor Roosevelt High School in 1990 and entered the University of Maryland, College Park. In only three years, he graduated with highest honors in mathematics and computer science. He entered graduate school at Stanford University with a graduate fellowship from the National Science Foundation.
Brin soon authored more than a dozen papers on data mining and pattern extraction for leading academic journals, including "Extracting Patterns and Relations from the World Wide Web," "Scalable Techniques for Mining Casual Structures," "Dynamic Itemset Counting and Implication Rules for Market Basket Data," and "Beyond Market Baskets: Generalizing Association Rules to Correlations." He also created a web site for film ratings and designed a software application to translate documents from TeX, the text processing language often used for scientific papers, to HTML (hypertext markup language), the code in which Web pages are written.
Together, Page and Brin wrote the paper "Dynamic Data Mining: A New Architecture for Data with High Dimensionality," and followed it with "The Anatomy of a Large-Scale Hypertextual Web Search Engine." The latter paper quickly became one of the most downloaded scientific documents in the history of the Internet. For a time, Page and Brin ran the prototype of their search engine, which they named "BackRub," on an assortment of inexpensive personal computers stored in Larry Page's dorm room. Word quickly spread beyond the walls of Stanford that the two graduate students had created something far more useful than existing search technology.
They registered the domain name google.com in 1997. The domain name was derived from the term "googol," the very large number written as a one followed by 100 zeros, an expression of the vast universe of data the Google search engine was designed to explore. Page and Brin incorporated Google as a privately held company in 1998 and relocated their servers from Larry Page's dorm room to a friend's garage in Menlo Park, California. Having completed their Master's degrees, they took a leave of absence from the Ph.D. program to concentrate on building their business. At first, Larry Page served as the company's CEO, Sergey Brin as its President. Their stated mission was "to organize the world's information and make it universally accessible and useful."
After quickly outgrowing a series of office locations, the company leased a complex of buildings in Mountain View, California in 1999. Google has since purchased the entire property, known as the GooglePlex, one of the most unusual and innovative workplaces in the world. In 2000, they began selling text-based advertisements associated with search keywords. The text-only ads on their graphics-free home page kept their download time to the bare minimum, and their ability to deliver ads directly related to the interests of the user made the ad space highly valuable.
That same year, Larry Page and Sergey Brin, still enrolled as Ph.D. candidates at Stanford, attended the Academy of Achievement's International Achievement Summit in London, England as graduate student delegates. The interview recorded at that time can be read on this web site. They returned to the annual event in 2004 as recipients of the Academy's Golden Plate Award.
By 2001, a vast number of once-promising Internet start-ups had folded, but Google was growing explosively and turning a profit. Page and Brin recruited Novell executive Eric Schmidt to serve as CEO, with Larry Page taking the role of President for Products, and Sergey Brin as President for Technology. The three have continued to run the enterprise as a triumvirate ever since.
Google's initial public offering in 2004 raised $1.67 billion, giving the company a market capitalization of $23 billion. A number of Google employees with shares in the company became millionaires overnight, and Larry Page and Sergey Brin found themselves multi-billionaires at age 27. Google was an immediate favorite with individual investors and the stock price has soared. All three top executives -- Larry Page, Sergey Brin and Eric Schmidt -- have reduced their annual salaries to a dollar a year and refused bonuses, tying their personal wealth directly to the company's performance in the stock market.
The company has continued to grow dramatically, through strategic alliances with AOL and Netscape, along with a number of cunning acquisitions, most spectacularly that of online video site YouTube for $1.65 billion in 2006. Google has introduced a number of popular new services and applications, including a toolbar that allows users to perform searches from their desktops, without visiting the Google web site. The web site itself enables searches for video and still imagery as well as HTML documents. Google also provides a free web-based e-mail service called G-Mail. Google Apps Premium Edition offers a suite of business tools including e-mail, word processing and spreadsheet applications at a fraction of the cost of competing office software packages. One of Google's most dramatic projects is Google Earth, which allows users to access satellite imagery to zoom in on locations all over the world. The most ambitious project of all, Google Book Search, aims to make the contents of vast libraries of books available and searchable online.
By the end of 2006, Google had over 10,000 employees and annual revenues well over $10 billion. Various estimates place Larry Page and Sergey Brin among the two dozen richest people on earth, and the dozen richest Americans. Despite its enormous success, Google has largely succeeded in preserving a uniquely informal and creative atmosphere at its Mountain View campus. In 2007, Fortune magazine, in its annual Top 100, ranked Google as the best company in the world to work for.
Larry Page attended a Montessori school in the primary grades and later graduated from East Lansing High School. He was an honors student at the University of Michigan, where he also participated in the University's solar car team, reflecting another lifelong interest: sustainable transportation technology. After graduating with a B.S. in computer engineering, he undertook graduate studies in computer science at Stanford University in Palo Alto, California. It was here that he first undertook the project of analyzing patterns of linkage among different sites on the World Wide Web. It was also at Stanford that he first met fellow computer science graduate student Sergey Brin and recruited him to join his research project.
The Internet and the World Wide Web were just taking shape as major forces in telecommunication when Larry Page entered Stanford. Larry Page wanted to devise a method for determining how many other web pages linked to any one given page. Existing facilities for exploring the Web could only rank search results by the frequency of appearance of a given word on any page of the Web. Searches often produced endless lists of web sites of very little pertinence to the user's query. Page soon found that ranking web sites by the number of links leading to it from other sites was a far more useful measure of a Web document's relevance to a user's search criteria. To explore the possibilities of his new "PageRank" mechanism more fully, he called on the data mining expertise of his classmate, Sergey .
Sergey Brin was born in Moscow, Russia in 1973. He immigrated with his family to the United States at the age of six and grew up in Adelphi, Maryland. His father, Michael Brin, was a professor of mathematics a the University of Maryland. Like Larry Page, he attended a Montessori school as a small child. He graduated from Eleanor Roosevelt High School in 1990 and entered the University of Maryland, College Park. In only three years, he graduated with highest honors in mathematics and computer science. He entered graduate school at Stanford University with a graduate fellowship from the National Science Foundation.
Brin soon authored more than a dozen papers on data mining and pattern extraction for leading academic journals, including "Extracting Patterns and Relations from the World Wide Web," "Scalable Techniques for Mining Casual Structures," "Dynamic Itemset Counting and Implication Rules for Market Basket Data," and "Beyond Market Baskets: Generalizing Association Rules to Correlations." He also created a web site for film ratings and designed a software application to translate documents from TeX, the text processing language often used for scientific papers, to HTML (hypertext markup language), the code in which Web pages are written.
Together, Page and Brin wrote the paper "Dynamic Data Mining: A New Architecture for Data with High Dimensionality," and followed it with "The Anatomy of a Large-Scale Hypertextual Web Search Engine." The latter paper quickly became one of the most downloaded scientific documents in the history of the Internet. For a time, Page and Brin ran the prototype of their search engine, which they named "BackRub," on an assortment of inexpensive personal computers stored in Larry Page's dorm room. Word quickly spread beyond the walls of Stanford that the two graduate students had created something far more useful than existing search technology.
They registered the domain name google.com in 1997. The domain name was derived from the term "googol," the very large number written as a one followed by 100 zeros, an expression of the vast universe of data the Google search engine was designed to explore. Page and Brin incorporated Google as a privately held company in 1998 and relocated their servers from Larry Page's dorm room to a friend's garage in Menlo Park, California. Having completed their Master's degrees, they took a leave of absence from the Ph.D. program to concentrate on building their business. At first, Larry Page served as the company's CEO, Sergey Brin as its President. Their stated mission was "to organize the world's information and make it universally accessible and useful."
After quickly outgrowing a series of office locations, the company leased a complex of buildings in Mountain View, California in 1999. Google has since purchased the entire property, known as the GooglePlex, one of the most unusual and innovative workplaces in the world. In 2000, they began selling text-based advertisements associated with search keywords. The text-only ads on their graphics-free home page kept their download time to the bare minimum, and their ability to deliver ads directly related to the interests of the user made the ad space highly valuable.
That same year, Larry Page and Sergey Brin, still enrolled as Ph.D. candidates at Stanford, attended the Academy of Achievement's International Achievement Summit in London, England as graduate student delegates. The interview recorded at that time can be read on this web site. They returned to the annual event in 2004 as recipients of the Academy's Golden Plate Award.
By 2001, a vast number of once-promising Internet start-ups had folded, but Google was growing explosively and turning a profit. Page and Brin recruited Novell executive Eric Schmidt to serve as CEO, with Larry Page taking the role of President for Products, and Sergey Brin as President for Technology. The three have continued to run the enterprise as a triumvirate ever since.
Google's initial public offering in 2004 raised $1.67 billion, giving the company a market capitalization of $23 billion. A number of Google employees with shares in the company became millionaires overnight, and Larry Page and Sergey Brin found themselves multi-billionaires at age 27. Google was an immediate favorite with individual investors and the stock price has soared. All three top executives -- Larry Page, Sergey Brin and Eric Schmidt -- have reduced their annual salaries to a dollar a year and refused bonuses, tying their personal wealth directly to the company's performance in the stock market.
The company has continued to grow dramatically, through strategic alliances with AOL and Netscape, along with a number of cunning acquisitions, most spectacularly that of online video site YouTube for $1.65 billion in 2006. Google has introduced a number of popular new services and applications, including a toolbar that allows users to perform searches from their desktops, without visiting the Google web site. The web site itself enables searches for video and still imagery as well as HTML documents. Google also provides a free web-based e-mail service called G-Mail. Google Apps Premium Edition offers a suite of business tools including e-mail, word processing and spreadsheet applications at a fraction of the cost of competing office software packages. One of Google's most dramatic projects is Google Earth, which allows users to access satellite imagery to zoom in on locations all over the world. The most ambitious project of all, Google Book Search, aims to make the contents of vast libraries of books available and searchable online.
By the end of 2006, Google had over 10,000 employees and annual revenues well over $10 billion. Various estimates place Larry Page and Sergey Brin among the two dozen richest people on earth, and the dozen richest Americans. Despite its enormous success, Google has largely succeeded in preserving a uniquely informal and creative atmosphere at its Mountain View campus. In 2007, Fortune magazine, in its annual Top 100, ranked Google as the best company in the world to work for.
It just Beginning......
Sergey Brin
$28.4 billion
Profession: Entrepreneur | Businessperson | Computer Scientist | Internet Entrepreneur | Executive Management
Date of Birth: 1973-08-21
Height: 1.73 m
Ethnicity: Jewish people
Country: Moscow
ABOUT
Sergey Brin is a Soviet-born American computer scientist and co-founder of Google who has a net worth is $28.4 billion. Sergey Brin immigrated to the United States with his parents while very young – at age 6. Several years later, while at Stanford University, he teamed with close friend Larry Page to apply his data mining system to a computer technique for the sole purpose of creating a superior search engine.
The result was Google. Sergey Brin, like his good friend Larry Page, has won professional recognition and many awards, often the same awards as Page. He was also inducted into The National Academy of Engineering in 2009, the highest accolade an engineer can receive. Sergey Brin is actively engaged in many philanthropic endeavors. He is particularly interested in dealing with environmental issues.
George Soros
Profession: Speculator | Investor | Businessperson | Entrepreneur | Analyst | Financier | Trader | Business magnate
Date of Birth: 1930-08-12
Nicknames: György Schwartz, Soros György, Schwartz György, The Puppet Master, The Man Who Broke the Bank of England
Ethnicity: Jewish people, Hungarian people, Hungarian American
Country: Budapest
ABOUT
George Soros is a Hungarian-American businessman, philanthropist, stock investor, currency speculator, and social activist, who has a net worth of $23 billion dollars. Born in Budapest, Kingdom of Hungary, Soros moved to New York, working with F. M. Mayer as an arbitrage trader, and with Wertheim & Co. as an analyst. During the 1992 Black Wednesday UK currency crises, Soros made a reported $1 billion after anticipating the British government would devalue the pound, becoming known as "the Man Who Broke the Bank of England."
Soros is chairman of the Open Society Institute and Soros Fund Management and is a former member of the Board of Directors of the Council on Foreign Relations. Soros played an important role during the peaceful transition from Communism to Capitalism in Hungary in 1984 to 1989. Russian and Western observers consider Soros's organization and funding of Georgia's Rose Revolution to have been a crucial part of its success.
Forrest Mars, Jr.
Profession: Businessperson
Date of Birth: 1931-08-16
Nicknames: Forrest Edward Mars, Jr
Country: Oak Park Township
ABOUT
Forrest Mars, Jr. is the eldest son of Forrest Mars Sr. and grandson of Frank C. Mars, founders of the American candy company Mars, Incorporated, who has a net worth of $21.7 billion. Forrest Mars net worth is due in part to his share of the Company, and other assets he owns. Born in born in Oak Park, Illinois, according to Forbes Magazine, Mars is 52nd richest person in the world, the 19th richest American, and the richest Virginian.
His net worth was accumulated through Mars' famous family and the candy and snack food company it owns, which is responsible for some of the most famous candy brands in America. Just some of the candies that fall under the Mars, Inc. umbrella are M&Ms, Snickers, Milky Way, Three Musketeers, Skittles, and Starburst candies. Mars has also made headlines for his political efforts to block coal and natural gas companies from mining on his ranch, despite their legal rights to do so. Mars has blocked these companies despite their holding the leases on what many consider to be the "most productive coal and natural gas fields in the nation." Mars' concern is allegedly the amount of water required for these kinds of exploratory endeavors, which is water he says must be used to maintain the ranch. According to a 2010 issue of Forbes magazine, Forrest Mars, Jr. is the 52nd richest person in the entire world, which makes him not only the 26th richest American, but the single richest Virginian in the entire state of Virginia.
John Mars
Profession: Businessperson | Singer
Nicknames: John Franklyn Mars
ABOUT
John Mars is a Wyoming-based businessman who has a net worth of $21 billion dollars. The son and grandson of Forrest Mars, Jr. and Frank C. Mars, respectively, John Mars is the Chairman of the Mars, Incorporated, the successful candy company with brands such as Mars, M&Ms, Milky Way, Snickers, and Juicy Fruit.
Mars has accumulated that impressive net worth thanks to his being born into the famous Mars family, who are the owners of the candy company responsible for some of the most well selling candies and snack foods in America, including 3 Musketeers, Snickers, M&Ms, Skiddles, Combos, and many more. Despite his famous name, John Mars has generally seen fit to remain outside the spotlight, living a private and (some would say) reclusive life in his home in Jackson, Wyoming. One example of this commitment to privacy is illustrated in his being featured in Forbes magazine's annual profile of the richest people in the world – John Mars is the highest ranking individual on the list who doesn't have a photo on file with the magazine. Mars' personal life is as ostensibly smooth and steady as his work in the business world. He's been married to the same woman, Adrienne Bevis, since 1959. Together they have three children: Linda Anne Mars, Frank Edward Mars, and Michael John Mars. While he might not be a very visible billionaire, John Mars has guided Mars Incorporated into one of the most respected candy brands in the world.
Jacqueline Mars
Profession: Businessperson
Date of Birth: 1939-10-10
Nicknames: Jackie Mars
ABOUT
Jacqueline Mars is a businesswoman who has a net worth of $21 billion. Jacqueline Mars is the daughter of Forrest Edward Mars, Sr., and granddaughter of Frank C. Mars, founders of the American candy company Mars, Incorporated of which much of her net worth has come from. Her share in the Mars family has made her the 52nd richest person in the world and the 26th richest person in America, according to Forbes in 2010. She holds an American citizenship and earned a degree in anthropology from Bryn Mawr College.
Her net worth comes largely from the family that gives her her distinctive name, and that founded the candy company Mars, Incorporated. Mars, Inc. is the owner of some of the most popular and well liked candy brands in America, including Skittles, M&Ms, Mars Bar, Starburst, and Snickers, as well as popular snack items such as Combos and Altoids. Jacqueline Mars doesn't hold any official position within Mars, Incorporated, but she has a degree in anthropology from Bryn Mawr College, from which she graduated in the year 1961. Since then, Mars married David H Badger that very same year, and the couple had three children: Alexandra Badger, Stephen Mills Badger, and Christa Badger. Unfortunately the marriage dissolved in 1984. Two years later, Jacqueline Mars married another man in 1986 by the name of Hank Vogel, but they were divorced eight years later in 1994. No matter what her marital status is, Jacqueline Mars has a very respectable family fortune to fall back on, as well as the satisfaction and pride that must come with being associated with one of the most popular candy brands in the entire world.
Jorge Paulo Lemann
Profession: Businessperson
Date of Birth: 1939-08-26
Ethnicity: Swiss Brazilian
Country: Rio de Janeiro
ABOUT
Jorge Paulo Lemann net worth: Jorge Paulo Lemann is a Brazilian businessman who has a net worth of $20.9 billion. Jorge Paulo Lemann has been listed as one of the richest men in Brazil. He is also one of the top 100 richest people in the world. Jorge Paulo Lemann earned his net worth by co-founding the Banco Garantia Investment Banking Firm, a Brazilian Brewery, as well as serving on the board of many other businesses. He was born in Rio de Janiero, Brazil.
Alisher Usmanov
Profession: Businessperson | Investor
Date of Birth: 1953-09-09
Ethnicity: Uzbeks
Country: Chust, Uzbekistan
ABOUT
Alisher Usmanov is an Uzbek-born Russian businessman who has a net worth of $20.4 billion. Alisher Usmanov has earned his net worth from mining, lumber and various other investments. Usmanov is the majority shareholder of the Russian industrial conglomerate Metalloinvest, which he founded to manage Gazprom's metals interests. He was born in Chust, Namangan Province, Uzbek SSR; USSR on September 9, 1953, Alisher's father was a state prosecutor in Tashkent the capital of the Soviet republic. In the 2011 edition of Forbes magazine Usmanov also referred to as the oligarch is one of Russia's richest men, his estimated fortune is valued at US$17.7 billion, and making him the world's 35th richest person He is a graduate of Moscow State Institute of International Relations. In 1992 he married Irina Viner, a top rhythmic gymnastics coach. He has a vast variety of business interests including precious metals, iron ore, steel, natural gas and media companies. He also serves as chairman of Gazprominvestholdings, the investment holding subsidiary of Russia's state-owned gas company Gazprom, where his role is to manage what Gazprom calls it's "most difficult and sensitive financial transactions." Usmanov has business interest in football; he is a major shareholder in London's Arsenal Football Club. This similar to two other fellow Russians Roman Abramovich, owner of rival Chelsea, and Alexandre Gayamak, former owner of Portsmouth. Metalloinvest became a sponsor of Dinamo Moscow, in February 2008. Dinamo Moscow is the Russian capital's football team once funded by the Soviet secret service. As a part of the $7 million deal the Metalloinvest group's name replaced the Xerox Corporation's on its players' shirts. Usmanov is a ballet fan, however he does not have any shares in the Moscow club, but he is a member on the board. Usmanov is the sole owner a global conglomerate with main investments in mining and steel industry, called Gallagher Holdings. This Cyrus-registered company also has investments in technology, oil and gas, media and pharmaceuticals.
Evelyn Robert de Rothschild
Profession: Banker | Financier
Date of Birth: 1931-08-29
Nicknames: Sir Evelyn de RothChild
ABOUT
Sir Evelyn De Rothschild is a British financier with a net worth of $20 billion. Sir Evelyn De Rothschild acquired that wealth as a member of the Rothschild family, of great wealth, and through his career in international finance. He formed a holding company, E.L. Rothschild. He was born in the United Kingdom.
Sir Evelyn De Rothschild is a British Financier. He is also a member of the well known Rothschild family, and the financial advisor for HM Queen Elizabeth II. He was the chairman of Rothschild's Continuation HoldingsAG, and became co-chairman of Rothschild Bank AG, in Zurich, and non-executive chairman of N M Rothschild and Sons. He was co-founder, (with wife, Lynn Forrester de Rothschild), of the holding company, E.L. Rothchild. Sir Evelyn De Rothschild has held a number of positions in businesses. He was director chairman of The Economist, United Race Courses, and British Merchant Banking and Securities House Association. He was also Director of De Beers Consolidated Mines and IBM United Kingdom Holdings Limited, as well as, Deputy Chairman of Milton Keynes Development Corporation. Sir Evelyn De Rothschild also served as the director of Lord Beaverbrook's newspaper group and Lord Black's Daily Telegraph newspaper. He has promoted the arts, made great efforts in the support of medical research and the improvement of education, through his creation of the Eranda Foundation. He was the founder and chairman of The European Association for Banking and Financial History in Frankfort, Germany, and has also been the governor of The London School of Economics and Political Science. Sir Evelyn De Rothschild has held several positions in Economics, the Arts, Medical Research and Political Science, as well as being a prominent supporter of charities. He served as a trustee of the Shakespere Globe Trust and member of the Council for the Royal Academy of Dramatic Art, as well as Chairman of the Princess Royal Trust for Carers.
The Sultan of Brunei, (also known as Hassanai Bolkiah Mu'izzaddin Waddaulah) has an estimated net worth of $20 billion, and rightly so. Born on July 15, 1946, in Brunei Town, the Sultan was already the crown prince by 1961, and became sultan in October of 1967. Incidentally, he also has many honorary doctorates from universities, including the National University of Singapore, and the University of Oxford, England, UK. As Sultan, he has complete and totally authority. As if that wasn't satisfying enough, he is the Prime Minister of Brunei as well.
Apart from essentially running Brunei, Bolkiah makes time to focus on his collection of automobiles. It has been reported that Bolkiah owns anywhere from at least 3,000-6,000 cars. He prefers unique cars to the run of the mill, and is constantly looking for something new. Bolkiah also has a Boeing 747 for his own use, as well as a theme park called Jerudong Park. The Sultan is known for some familial conflicts, particularly with his brother, Prince Jefri Bolkiah, who is known as the "Playboy Prince." The two were involved in a legal argument which was eventually settled in 2006. With his honorary titles, net worth, and astonishing power and control, Bolkiah has made his mark on history, as well as made us all jealous with his lavish and unique lifestyle.
Thomas Kwok
Date of Birth: 1947
Nicknames: Thomas Kwok Ping Kwong
Country: Hong Kong
ABOUT
Thomas & Raymond Kwok are Chinese property tycoons who have a net worth of $20 billion. Thomas Kwok is the founder of SHK Properties, which is controlled by his wife Kwong Siu-hing; and together with his brother Raymond, he runs Sun Hung Kai Properties – the largest property developer in Hong Kong. Brothers Thomas and Raymond were listed as the third wealthiest people in Hong Kong and Greater China Region by the American business magazine Forbes in 2010. However, in a scandal that rocked Hong Kong and the surrounding region, the duo were arrested on bribery charges in March 2012. After the scandal, the stock tumbled to a one-year low, and then eventually it recovered reflecting the strength of the real estate market.
Mark Zuckerberg
$19.8 Billion
Profession: Programmer | Entrepreneur | Businessperson
Date of Birth: 1984-05-14
Nicknames: Mark Elliot Zuckerberg
Height: 1.75 m
Country: White Plains
ABOUT
Mark Zuckerberg's 2013 salary: $1 per year. Many executives like Zuckerberg choose to pay themselves low salaries in order to increase the company's profits as much as possible. When the company maximizes profits it increases the overall value of their stock holdings which is where the executive's true wealth comes from. Interestingly, Steve Jobs, Eric Schmidt, Larry Page and Sergey Brin each earn only $1 per year in salary!
Mark Zuckerberg's net worth is $19.8 billion dollars. His wealth comes from his 28.1% equity stake in the company he founded Facebook. Mark Zuckerberg's net worth is calculated by multiplying his 28.1% stake, which is 503.6 million shares, times the current price per share. As of August 23, 2013, Facebook's price per share is $40.55 which gives Mark Zuckerberg a net worth of $19.8 billion. The company IPO'd May 18th 2012, at which point we found out exactly how much Zuckerberg is worth on paper. Mark also has the right to purchase an additional 120 million shares of the company at any point in the future which will boost his net worth by $5.5 billion. At one point when Facebook was trading at $42 per share, Mark Zuckerberg's net worth was $21.17 billion! If Facebook ever has the same market cap as Google ($200 billion), then Mark Zuckerberg's net worth will be close to $40 billion!
Carl Icahn
Profession: Businessperson | Financier | Investor
Date of Birth: 1936-02-16
Nicknames: Carl C Icahn, ICAHN CARL C ET AL, ICAHN CARL C
Ethnicity: Jewish people, Caucasian race
Country: Brooklyn
ABOUT
Carl Icahn is a businessman, financier and company chairman who has a net worth of $19 billion. Carl Icahn earned his net worth through the many companies where he serves as chairman, his ownership of Adventrix Pharmaceuticals and Vector Group, plus his many shares in various companies. He was born in Queens, New York City, New York
Gina Rinehart
Profession: Businessperson
Date of Birth: 1954-02-09
Nicknames: Georgina Rinehart, Georgina Hope Hancock
Country: Perth
Gina Rinehart is an billionaire Australian mining heiress who has a net worth of $18.9 billion. Gina Rinehart inherited the Hancock Prospecting company from her father Lang Hancock. Many recent evaluations of her wealth claim her net worth tops that of Carlos Slim (~$74 Billion), as she owns her company outright with no shareholders. Her operations of coal and iron production are estimated to produce $10 billion in annual profits. When you put her privately held mining operations at a comparable 11-1 price to earnings ratio (as compared to similar publicly traded companies), her net worth could approach $100 billion making her not only the richest woman in the world, but the richest person in the world!
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