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Facebook's Mark Zuckerberg Turns 28

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  • Description

    Company prepares to go public

  • Duration 1:42
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Yeah I remember our 28 birthday is probably not much like the -- he's not even thirty years old believe it or not his net worth is about to reach a hundred.

Billion dollars Facebook's CEO Mark Zuckerberg is celebrating its 28 birthday as you mentioned on top of the world as one of the -- just.

And this week you can own a piece of his fortune the company.

Is expected to start selling stock to the public for the very first time and Begin trading on the NASDAQ Stock Market on Friday.

Which could make this the social network's biggest week ever.

The IPA could IPO rather could value FaceBook at nearly a hundred billion dollars that's worth more than powerhouse companies like Disney Ford.

And Kraft Foods by the way at just 28 years old Zuckerberg is exactly half the age of the average S&P 500 CEO.

And with eight years on the job his tenure as CEO is longer than the average leader of a little more than seven years.

But once FaceBook starts selling stock this young executive will feel the pressures of running a public company.

And of course be expected to please a host of new stakeholders including Wall Street investment firms hedge funds and pension funds who will pressure him to keep the company growing.

Zuckerberg started FaceBook as you probably remember originally known as the FaceBook dot com while he was at Harvard an early 2004.

And today more than 900 million people log in at least once a month making FaceBook the world's definitive.

Social network John you on FaceBook.

You know sort of you're not a huge fan neither -- -- -- with you on now on it and I was on it for awhile but.

It's very -- but I like the stock people -- that's my thing I do I also a lot of people generally -- my staged down yeah I know it's a good thing too which shouldn't there --

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