But that will change in a few days with the Facebook IPO according to http://whoownsfacebook.com/, who say that Pincus' .5% of Facebook has a value of $425 Million. So by Friday he should be back on the Forbes Real-Time Billionaires List with a new net worth of approximately $1.2 Billion. His financial situation may improve even more if Zynga can catch a virtual ride on the Facebook wave this week.
Wow looks like someone's crystal ball was broken. Not only did he not become a billionaire again but his net worth has been cut in half since this was written. One of the worst CEOs in the past 10 years. His net worth now is all from his early zynga stock sales at $10 a share of which we now know were worth about $3. Less than 3 weeks after the sale the stock crashed leaving pincus all his cash but his investors and employees were left in the red
ReplyDeleteSurprise, Pincus is a billionaire again! - http://www.forbes.com/profile/mark-pincus/
ReplyDeleteBut he didn't make this list - http://www.theonion.com/articles/forbes-releases-2014-list-of-most-punchable-ceos,35694/?ref=auto