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(NBC News)   While you were checking to see if you have enough in your checking account to pay this month's bills, Mark Zuckerberg made $3 billion ... today   (nbcnews.com) divider line 26
    More: Spiffy, Mark Zuckerberg, checking accounts, Facebook, adjusted basis, Larry Ellison, John D. Rockefeller  
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1219 clicks; posted to Business » on 01 Feb 2014 at 12:42 PM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



26 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-02-01 07:22:28 AM
Yes, but thanks to Mark I now know my 3rd cousin whom I've met once in my entire 56 years of life is out of cheese and is going to the store later today to get some more before the big game. That's priceless information and it's all thanks to Mark. 3 billion is small reward for that.
 
2014-02-01 08:07:33 AM

EvilEeyore: Yes, but thanks to Mark I now know my 3rd cousin whom I've met once in my entire 56 years of life is out of cheese and is going to the store later today to get some more before the big game. That's priceless information and it's all thanks to Mark. 3 billion is small reward for that.


Well you have also been able to confirm he's a racist tea bagger without having to sit through an awkward family meal. Isn't that worth $3 billion?
 
2014-02-01 10:58:42 AM
well that's why i never check my checking account. duh.
 
2014-02-01 12:02:03 PM
So the invisible hand of the market says a market cap of $150B on an OI of $2.8B makes sense..... I just hope this is the result of people being stupid with their own money and not with someone else's.
 
2014-02-01 12:46:23 PM
Reprehensible person.

Meanwhile the Winklevoss twins lost 1.5 million in the fake bitcoin company.
 
2014-02-01 12:50:38 PM
Meh. The rich get richer and the working class/working poor stay stagnant. It's only been this way since the dawn of time. I was just paid yesterday, so I can at least pay my gas bill. These are the cards I was dealt. I'm not smart enough to develop something like Facebook
 
2014-02-01 12:59:55 PM

DubyaHater: Meh. The rich get richer and the working class/working poor stay stagnant. It's only been this way since the dawn of time. I was just paid yesterday, so I can at least pay my gas bill. These are the cards I was dealt. I'm not smart enough to develop something like Facebook


In all fairness, neither is Zuck.
 
2014-02-01 01:23:08 PM
If you share this post with your friends, Mark Zuckerberg will give you $1 million.
 
2014-02-01 01:37:10 PM

albert71292: If you share this post with your friends, Mark Zuckerberg will give you $1 million.


Joke is on him! I'm a sociopath with no friends!

I accept Paypal, Mr Zuckerberg
 
2014-02-01 01:47:20 PM
You haven't "made" anything until you sell. My house increased 10% in value last year and I don't go around claiming I made money on it. The test for when you've made money is when the IRS wants taxes on it.
 
2014-02-01 01:53:18 PM

jjorsett: You haven't "made" anything until you sell. My house increased 10% in value last year and I don't go around claiming I made money on it. The test for when you've made money is when the IRS wants taxes on it.


But - you know you've really made money when you can convince the IRS that you don't owe taxes on what you "earned."
 
2014-02-01 01:53:46 PM

BalugaJoe: Reprehensible person.

Meanwhile the Winklevoss twins lost 1.5 million in the fake bitcoin company.


Could not happen to nicer people.

img.fark.net
 
2014-02-01 02:06:49 PM

BalugaJoe: Reprehensible person.

Meanwhile the Winklevoss twins lost 1.5 million in the fake bitcoin company.


That $3B doesn't come from nowhere, you know.
 
2014-02-01 02:43:26 PM

DubyaHater: Meh. The rich get richer and the working class/working poor stay stagnant. It's only been this way since the dawn of time. I was just paid yesterday, so I can at least pay my gas bill. These are the cards I was dealt. I'm not smart enough to develop something like Facebook


Didn't know Zuck was rich before he was rich. Thanks.
 
2014-02-01 03:24:15 PM

Chevello: BalugaJoe: Reprehensible person.

Meanwhile the Winklevoss twins lost 1.5 million in the fake bitcoin company.

That $3B doesn't come from nowhere, you know.


This!!!

Mostly pensions and mutual funds. We suck at capital allocation.
 
2014-02-01 04:27:25 PM
If I had that much money I would be so rich.

/Like really, really wealthy in fact.
 
2014-02-01 04:35:12 PM
Actually No.     He hasn't "made" a single dime on the rising of the stock price.  He will only "make" money when he sells that amount of stock at the new price.

Learn a lesson from Michael Saylor, if you're counting youself as among the multi-billionaires club, you better only do so AFTER you've exchanged your stock for cash.  Otherwise, your supposed "billions of $'s" of stock could actually drop to a small fraction of that in just a few short days. (Saylor's company Microstrategy had a price so high after it's IPO that Saylor had a net worth of $15 Billion on paper, today the entire company has a market cap of only 1.4 Billion, less than 2% of it's highest value.)

Now, if you want to say his "assets" have increased by $3 Billion, that is another thing, so long as you acknowledge those assets aren't "fixed" by any means and could just as easily disappear as magically as they appeared.
 
2014-02-01 05:02:18 PM
ZuckerJew, whoops! Suckerberg..... Whoops. Zuckerberg the 'JEW' is currently sucking obama's dick and cannot fulfill your request for 1 million dollars. Check back in 30 minutes.
 
2014-02-01 05:06:14 PM
If he ever tried to sell a significant amount of shares, the stock price would tank.
 
2014-02-01 07:13:49 PM
plus he's married to a hot Chinese doctor, pleasing his Jewish mother
 
2014-02-01 08:24:33 PM

lawboy87: Actually No.     He hasn't "made" a single dime on the rising of the stock price.  He will only "make" money when he sells that amount of stock at the new price.

Learn a lesson from Michael Saylor, if you're counting youself as among the multi-billionaires club, you better only do so AFTER you've exchanged your stock for cash.  Otherwise, your supposed "billions of $'s" of stock could actually drop to a small fraction of that in just a few short days. (Saylor's company Microstrategy had a price so high after it's IPO that Saylor had a net worth of $15 Billion on paper, today the entire company has a market cap of only 1.4 Billion, less than 2% of it's highest value.)

Now, if you want to say his "assets" have increased by $3 Billion, that is another thing, so long as you acknowledge those assets aren't "fixed" by any means and could just as easily disappear as magically as they appeared.


Smartest post in this thread.
 
2014-02-01 08:50:45 PM

E_Henry_Thripshaws_Disease: plus he's married to a hot Chinese doctor, pleasing his Jewish mother


Hmmmmm.....
 
2014-02-01 09:16:57 PM
Now we never have to know this agony again.
 www.quickmeme.com
 
2014-02-01 10:27:39 PM
This is what I had for lunch today! Like me on Facebook!
img.fark.net
Like me!111!! On Facebook!!!!!!1!! This was my Lunch!!!
 
2014-02-01 11:35:40 PM

John Buck 41: Smartest post in this thread.


John Buck 41, back in the day I shared a big house in Arlington, VA with 3 professional women, one of whom worked at MicroStrategy.  Her fiance had worked there about a year before she was hired and both had accumulated quite a bit of stock options.  However, the catch was that they had to wait something like a year after the IPO before they could exercise those options.

At one point, the price of the stock was such that if they both exercised their options and sold all of their stock, he would have realized a profit of around $6 Million and her around $4 Million.  (Not bad for a couple in their mid/late 20's.)  He was originally from Great Britain and there plan was to cash out, retire and buy a country estate in England (they already had the place picked out with a cost of around $1 Million) and take the remainder of the money and live off the interest, traveling the world the rest of their lives.

Six months later and if they exercised their options, the stock price was so under water that it would have actually cost them to do so.  They both lost their jobs and their multi-millionaire status in such a short amount of time it gave them whiplash.  It was a lesson I took to heart.
 
2014-02-02 05:17:31 AM
Meh. Call me when he's funding several umbrella "grassroots" organizations for the express purpose of getting people into power that will allow him to keep bilking people out of their money.  'Till then, STFU and GBTW.
 
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