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Facebook CEO is richer than Steve Jobs

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CIOL Bureau
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BANGALORE, INDIA: Facebook CEO Mark Zuckerberg makes more money than Apple chief executive Steve Jobs does. Ranked at 35th position by Forbes annual list of 400 wealthiest Americans, Zuckerberg is six notches above Apple's CEO Steve Jobs, who is at 42nd slot.

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Zuckerberg, with an addition of $4.9 billion to his fortune this year, has an estimated fortune of $6.9 billion, while Jobs' net worth stood at $6.1 billion, $1 billion higher than 2009.

On the list toped by Microsoft co-founder Bill Gates with estimated assets of $54 billion, Zuckerberg, aged 26, saw his wealth jump 245 per cent.

The youngest member on the list is Dustin Moskovitz, aged 26, a co-founder of Facebook, who left the social networking site in 2008, to start his own company called Asana, which now builds socially-centred enterprise-productivity tools — like Google Docs with a social thrust.

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And the the oldest tycoon on the list is David Rockefeller Sr., aged 95. Rockefeller's net worth stood at $2.4 billion, while Moskovitz's was at $1.4 billion.

Zuckerberg's goodwill gesture

Zuckerberg has reportedly agreed to donate $100 million to improve the long-troubled public schools in Newark. In conjunction with this gift, the Governor of New Jersey Chris Christie will cede some control of the state-run system to Mayor Cory A. Booker, a New York Times report said, citing official sources.

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It will be announced on Friday on the 'Oprah Winfrey Show'. Incidentally, Winfrey, with an asset worth $2.7 billion, is also on the list of the wealthiest Americans.

But the flip side of Zuckerberg's announcement is that this charity move by Zuckerberg comes a week ahead of the October 1st release of 'The Social Network' film, a Hollywood take on the birth of Facebook that shows its founder in a negative light, say media reports. The movie is based on the book 'The Accidental Billionaires'.

Facebook has not sanctioned the film so far. However, one is not to blame if he thinks that the generosity act is a calculated move by Zuckerberg to offset some anticipated bad lights.

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