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	<title>Betabeat &#187; Bloomberg Billionaire Index</title>
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		<title>Mark Zuckerberg No Longer On List of 40 Wealthiest People</title>

		<comments>http://betabeat.com/2012/05/mark-zuckerberg-no-longer-on-list-of-40-wealthiest-people/#comments</comments>
		<pubDate>Tue, 29 May 2012 22:58:24 -0400</pubDate>
					<link>http://betabeat.com/2012/05/mark-zuckerberg-no-longer-on-list-of-40-wealthiest-people/</link>
			<dc:creator>Steve Huff</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=48010</guid>
		<description><![CDATA[<p><div id="attachment_43605" class="wp-caption aligncenter" style="width: 209px"><a href="http://nyobetabeat.files.wordpress.com/2012/05/6198197321_9df505f295.jpeg"><img class="size-medium wp-image-43605" title="Mark Zuckerberg" src="http://nyobetabeat.files.wordpress.com/2012/05/6198197321_9df505f295.jpeg?w=199" alt="" width="199" height="300" /></a><p class="wp-caption-text">Hang in there just like that kitten on the poster, Mr. Zuckerberg. (flickr.com/gpaumier)</p></div></p>
<p>If you felt The Force shudder and ripple sometime tonight it may have been due to the Earth-shattering <a href="http://www.cbsnews.com/8301-500395_162-57443326/report-facebook-ceo-mark-zuckerberg-drops-off-worlds-40-richest-people-list/">report that Facebook's C.E.O. Mark Zuckerberg has left the world's 40 richest people list</a>. We would pause while you gasp and sob but it's scab-pulling time regarding the bad news for the youthful billionaire--and anyway, we think Zuck can handle the pain:<!--more--></p>
<blockquote><p>According to the <a href="http://topics.bloomberg.com/bloomberg-billionaires-index/">Bloomberg Billionaires Index</a>, Zuckerberg dropped out of the top 40 ranking when shares of his newly-public company hit a low of $28.84 after trading on Tuesday. He was replaced by Mexican billionaire Luis Carlos Sarmiento.</p>
<p>The Facebook CEO's fortune fell to $14.7 billion on Tuesday from $16.2 billion on May 25,<a href="http://www.bloomberg.com/news/2012-05-29/zuckerberg-drops-off-billionaires-index-as-facebook-extends-fall.html">Bloomberg</a> reports.</p></blockquote>
<p>As the A.P. and CBS noted, Mr. Zuckerberg isn't the only young billionaire to suffer this dreadful fate--fellow Facebook billionaires Dustin Moskovitz and Sean Parker have been slammed by the drop in Facebook stock as well.</p>
<p>Mr. Zuckerberg has made no public comment on his fall into non-top-40 billionaire ignominy, but on his behalf, let's remember him in a better, happier time, when he was <a href="http://betabeat.com/2012/05/the-strange-case-of-the-mark-zuckerberg-priscilla-chan-chinese-cop-documentary-photobomb/" target="_blank">photobombing a Chinese cop <del>propaganda film</del> documentary</a>.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_43605" class="wp-caption aligncenter" style="width: 209px"><a href="http://nyobetabeat.files.wordpress.com/2012/05/6198197321_9df505f295.jpeg"><img class="size-medium wp-image-43605" title="Mark Zuckerberg" src="http://nyobetabeat.files.wordpress.com/2012/05/6198197321_9df505f295.jpeg?w=199" alt="" width="199" height="300" /></a><p class="wp-caption-text">Hang in there just like that kitten on the poster, Mr. Zuckerberg. (flickr.com/gpaumier)</p></div></p>
<p>If you felt The Force shudder and ripple sometime tonight it may have been due to the Earth-shattering <a href="http://www.cbsnews.com/8301-500395_162-57443326/report-facebook-ceo-mark-zuckerberg-drops-off-worlds-40-richest-people-list/">report that Facebook's C.E.O. Mark Zuckerberg has left the world's 40 richest people list</a>. We would pause while you gasp and sob but it's scab-pulling time regarding the bad news for the youthful billionaire--and anyway, we think Zuck can handle the pain:<!--more--></p>
<blockquote><p>According to the <a href="http://topics.bloomberg.com/bloomberg-billionaires-index/">Bloomberg Billionaires Index</a>, Zuckerberg dropped out of the top 40 ranking when shares of his newly-public company hit a low of $28.84 after trading on Tuesday. He was replaced by Mexican billionaire Luis Carlos Sarmiento.</p>
<p>The Facebook CEO's fortune fell to $14.7 billion on Tuesday from $16.2 billion on May 25,<a href="http://www.bloomberg.com/news/2012-05-29/zuckerberg-drops-off-billionaires-index-as-facebook-extends-fall.html">Bloomberg</a> reports.</p></blockquote>
<p>As the A.P. and CBS noted, Mr. Zuckerberg isn't the only young billionaire to suffer this dreadful fate--fellow Facebook billionaires Dustin Moskovitz and Sean Parker have been slammed by the drop in Facebook stock as well.</p>
<p>Mr. Zuckerberg has made no public comment on his fall into non-top-40 billionaire ignominy, but on his behalf, let's remember him in a better, happier time, when he was <a href="http://betabeat.com/2012/05/the-strange-case-of-the-mark-zuckerberg-priscilla-chan-chinese-cop-documentary-photobomb/" target="_blank">photobombing a Chinese cop <del>propaganda film</del> documentary</a>.</p>
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			<media:title type="html">Mark Zuckerberg</media:title>
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