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Tales of the 1%: Mark Zuckerberg takes a tumble

Wednesday, September 19, 2012

Facebook’s fabulous IPO flop sent Mark Zuckerberg’s status on the Forbes 400 list of richest Americans into a tailspin. He’s still ranked 14th, but only after seeing his wealth (on paper, at least) nearly halved, from $17.5 billion to $9.4 billion. Oracle CEO Larry Ellison, worth $41 billion, ranks 3rd, behind Bill Gates and Warren Buffett. Forbes
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