The focus of the Facebook IPO turned to the wealth of founder Mark Zuckerberg, again. The issue is so much more important than the company itself, or its new investors, that Bloomberg reported Zuckerberg will be worth more than Steve Ballmer.
Ballmer has spent decades laboring at the top, or near the top of Microsoft (NASDAQ: MSFT), the old world tech titan of the 1980 and 1990s. The people who have become really rich in the last year are the founders of LinkedIn (NASDAQ: LDNK), Groupon (NASDAQ: GRPN), and Zynga (NASDAQ: ZNGA).
Zuckerberg is about to take his spot at the top of that pyramid. And, Ballmer gets pushed down the list, at least until Facebook’s stock drops.