Forbes Billionaires of the Social Networking World

Here at OSM we have a particular interest in social networking and social media and often talk about the growing impact of such sites. Recently we have also noted the huge valuations of companies such as Facebook and Twitter. Have you ever stopped to think though, about personal fortune, and who may be billionaires of the social networking world in 2011?

A slideshow article over on Forbes now informs us about several individuals who have become billionaires from social networking and made the Forbes World’s Billionaires list. The first on the list is a guy who everybody has heard of and that’s Facebook’s Mark Zuckerberg. It was only in January that we wrote of his personal fortune being $9 billion and his personal net worth is now put at $13.5 billion after a growth of 238% in the last year.

Not all of the names on the list will be familiar to you though. How about Eduardo Saverin, who started Facebook with Zuckerberg whilst at Harvard but was later involved in a legal wrangle with the site. His net worth is now put at $1.6 billion. Another social networking billionaire, is Sean Parker with a net worth of $1.6 billion who is a former president of Facebook, while yet another link to Facebook comes with Dustin Moskovitz’s inclusion on the list. Moskovitz is the youngest billionaire on the list and worth $2.7 billion. He was Zuckerberg’s friend way back at Harvard and the site’s third employee and eventually left Facebook in 2008 to start a software company, Asana.

Next up is Peter Thiel with a personal fortune of $1.5 billion. Thiel was the co-founder of PayPal and made $60 million personally when it was sold to eBay in 2002 for $1.5 billion. In 2004 he invested in Facebook but is said to have sold most of his Facebook stake now. On now to Yuri Milner with a net worth of $1 billion, who has stakes in Facebook, Zynga and Groupon.

Mark Pincus is next and he is the founder of Zynga, the social gaming group. His net worth is put at $1 billion and much of his success also stems from Facebook as the most popular Zynga games, such as FarmVille, CityVille and Mafia Wars are played on the Facebook platform. On to Eric Lefkofsky who is the co-founder of Groupon and owns 30% of the company and his net worth is placed at $1.6 billion. The next social networking billionaire is Yoshikazu Tanaka with a net value of $2.2 billion. Tanaka is the founder of Japan’s biggest social networking site, Gree and is planning to be competition for Facebook by setting up in California shortly.

Finally we see Rupert Murdoch who bought MySpace in 2005. His net value is put at $7.6 billion and he is now seeking to sell MySpace, which is losing money. Murdoch is still involved with traditional media though, such as Fox News, The Wall Street Journal and News Corp. So there you have it, the world’s social networking billionaires in 2011, according to Forbes. What are your thoughts on the lineup and do you, like us, wonder why you couldn’t have thought of the idea of social networking first? Let us know with your comments

  • grumpy old git

    what a load of old [new] bollox, web crash 2.0 here we come