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Top 10: Social networking billionaires

Business | IBNLive | March 17, 2011, 3:49 pm
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[caption id=<img class="size-full wp-image-788769" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/yuribillion35.jpg" alt="Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga." /> Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga.[/caption]" title="[caption id="attachment_788769"]<img class="size-full wp-image-788769" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/yuribillion35.jpg" alt="Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga." />
Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga.[/caption]">

[caption id="attachment_788769"]<img class="size-full wp-image-788769" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/yuribillion35.jpg" alt="Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga." />
Net Worth: $ 1.0 billion
Companies: Facebook; Groupon; Zynga

The Internet savvy investor divided his Digital Sky Technologies into two parts last year. The first was the IPO of e-mail portal Mail.ru Group; the second, DST Global, remains a private fund investing in global internet companies (for example, paid $ 200 million in 2009 for stake in Facebook; the value of this initial investment has jumped an estimated five-fold). Now planning a bolder move: to invest in every startup that comes out of Y Combinator, a Silicon Valley-based startup incubator, without reading their business plans. DST also has stakes in Groupon and Zynga.[/caption]

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[caption id=<img class="size-full wp-image-788770" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/parkerspider.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies." /> Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies.[/caption]" title="[caption id="attachment_788770"]<img class="size-full wp-image-788770" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/parkerspider.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies." />
Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies.[/caption]">

[caption id="attachment_788770"]<img class="size-full wp-image-788770" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/parkerspider.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies." />
Net Worth: $ 1.6 billion
Company: Facebook

Silicon Valley strategist and former Facebook president makes his billionaire debut. His reported stake: just under 3 per cent. At age 19 the serial entrepreneur cofounded Napster in 1999; brought free music to the masses, but quickly collapsed under piracy allegations. Parker joined Facebook in 2004. Recently made more famous after being played by Justin Timberlake in the Oscar-winning film The Social Network. He's currently a managing partner at Founders Fund, a venture capital firm that invests in tech companies.[/caption]

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[caption id=<img class="size-full wp-image-788771" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/thielbilliomn_220 .jpg" alt="Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake." /> Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake.[/caption]" title="[caption id="attachment_788771"]<img class="size-full wp-image-788771" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/thielbilliomn_220 .jpg" alt="Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake." />
Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake.[/caption]">

[caption id="attachment_788771"]<img class="size-full wp-image-788771" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/thielbilliomn_220 .jpg" alt="Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake." />
Net Worth: $ 1.5 billion

Peter Thiel cofounded PayPal in 1998, sold it to eBay in 2002 for $ 1.5 billion, personally netting $ 60 million from the sale. Invested $ 500,000 in Facebook in 2004. Opened hedge fund Clarium Capital in New York in 2005. Thiel has apparently sold much of his Facebook stake.[/caption]

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[caption id=<img class="size-full wp-image-788772" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/pincuspinkydura.jpg" alt="Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor." /> Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor.[/caption]" title="[caption id="attachment_788772"]<img class="size-full wp-image-788772" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/pincuspinkydura.jpg" alt="Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor." />
Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor.[/caption]">

[caption id="attachment_788772"]<img class="size-full wp-image-788772" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/pincuspinkydura.jpg" alt="Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor." />
Net Worth: $ 1.0 billion
Company: Zynga

In 2007 the Wharton and Harvard Business School grad founded social media gaming company Zynga, named after his beloved late bulldog. Today, following the latest round of funding, the firm is worth between $ 7 billion and $ 10 billion. Zynga's staggering success is tied to Facebook's; its popular interactive games, including "FarmVille," "FrontierVille" and "Mafia Wars," are played via the social network, and Pincus is reported to be an investor.[/caption]

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[caption id=<img class="size-full wp-image-788773" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/MarkFB345.jpg" alt="Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion." /> Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion.[/caption]" title="[caption id="attachment_788773"]<img class="size-full wp-image-788773" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/MarkFB345.jpg" alt="Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion." />
Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion.[/caption]">

[caption id="attachment_788773"]<img class="size-full wp-image-788773" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/MarkFB345.jpg" alt="Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion." />
Net Worth: $ 13.5 billion
Company: Facebook

America-based computer scientist and software developer, Zuckerberg co-founded Facebook in 2004. This year his fortune surged 238 per cent, the biggest percentage gain of any American, to $ 13.5 billion as investments from firms like Goldman Sachs boosted Facebook's valuation to $ 50 billion.[/caption]

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[caption id=<img class="size-full wp-image-788774" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/Tanakabilled.jpg" alt="Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals." /> Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals.[/caption]" title="[caption id="attachment_788774"]<img class="size-full wp-image-788774" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/Tanakabilled.jpg" alt="Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals." />
Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals.[/caption]">

[caption id="attachment_788774"]<img class="size-full wp-image-788774" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/Tanakabilled.jpg" alt="Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals." />
Net Worth: $ 2.2 billion
Company: Gree

Founder of Gree, Japan's largest social networking Web site (having overtaken rival billionaire Kenji Kasahara's Mixi), may be facing off with Mark Zuckerberg's Facebook soon; setting up shop in California. Stock of firm, known for its fun, easy mobile games and avatars that people can accessorize, is up 35 per cent over the past year. He started out at Sony, and worked for fellow billionaire Hiroshi Mikitani at online shopping site Rakuten. Left in 2004 to set up Gree at a tech incubator; eventually transitioned the site into mobile gaming to better compete with rivals.[/caption]

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[caption id=<img class="size-full wp-image-788775" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/dustinbillion.jpg" alt="Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better." /> Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better.[/caption]" title="[caption id="attachment_788775"]<img class="size-full wp-image-788775" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/dustinbillion.jpg" alt="Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better." />
Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better.[/caption]">

[caption id="attachment_788775"]<img class="size-full wp-image-788775" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/dustinbillion.jpg" alt="Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better." />
Net Worth: $ 2.7 billion
Company: Facebook

The world's youngest billionaire, Moskovitz was Mark Zuckerberg's Harvard roommate and Facebook's third employee. He is just eight days younger than his friend. The two dropped out of Harvard and moved to California to work for the social networking firm full time; he was its first chief technology officer and then vice president of engineering. He left in 2008 to start Asana, a software company that allows individuals and small companies to collaborate better.[/caption]

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[caption id=<img class="size-full wp-image-788776" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/murdockbillion.jpg" alt="Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February." /> Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February.[/caption]" title="[caption id="attachment_788776"]<img class="size-full wp-image-788776" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/murdockbillion.jpg" alt="Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February." />
Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February.[/caption]">

[caption id="attachment_788776"]<img class="size-full wp-image-788776" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/murdockbillion.jpg" alt="Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February." />
Net worth: $ 7.6 billion
Company: Myspace

Murdoch is rumored to be looking to sell money-losing Myspace, which he bought in 2005 for $ 580 million. His traditional media fares better; Fox News made $ 700 million in operating profit in 2010. The Super Bowl on Fox was the most-watched TV broadcast ever. His Wall Street Journal keeps expanding while others shrink. Thanks to a close relationship with Apple, his News Corp. added digital subscriptions on the iPad with the $ 30 million launch of The Daily in February.[/caption]

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[caption id=<img class="size-full wp-image-788777" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/ericbiliongroup_220 .jpg" alt="Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business." /> Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business.[/caption]" title="[caption id="attachment_788777"]<img class="size-full wp-image-788777" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/ericbiliongroup_220 .jpg" alt="Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business." />
Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business.[/caption]">

[caption id="attachment_788777"]<img class="size-full wp-image-788777" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/ericbiliongroup_220 .jpg" alt="Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business." />
Net Worth: $ 1.6 billion
Company: Groupon

This Chicago based investor is cofounder and 30 per cent owner of the fastest-growing company ever, Groupon, providing audiences with discounts on products and services. The Accelerated Disruption author is an adjunct professor at the University of Chicago Booth School of Business.[/caption]

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[caption id=<img class="size-full wp-image-788778" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/edurabdo.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki." /> Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki.[/caption]" title="[caption id="attachment_788778"]<img class="size-full wp-image-788778" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/edurabdo.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki." />
Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki.[/caption]">

[caption id="attachment_788778"]<img class="size-full wp-image-788778" src="http://revamp.ibnlive.com/wp-content/uploads/2011/03/edurabdo.jpg" alt="Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki." />
Net Worth: $ 1.6 billion
Company: Facebook

He was recently immortalized in the movie The Social Network. He started Facebook with Zuckerberg at Harvard. When others moved to California Saverin stayed behind. Later Facebook sued him for allegedly interfering with business and insisting on keeping a 30 per cent stake; Saverin countersued. The parties settled; Saverin apparently got a 5 per cent stake and a cofounder bio on Facebook's site. Now living in Singapore, he recently invested in startup Qwiki.[/caption]

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 The social networking frenzy has put several young entrepreneurs and founders in the billionaire bracket. Lets look at the top 10 Forbes' social networking billionaires. Text: Forbes

The social networking frenzy has put several young entrepreneurs and founders in the billionaire bracket. Lets look at the top 10 Forbes' social networking billionaires. Text: Forbes

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