Zuckerberg Facebook IPO to Make Him Richer Than Ballmer

Facebook’s $11.8 billion initial public offering will cement the status of 27-year-old Mark Zuckerberg as one of the world’s richest men and put his social network among the highest-valued companies in the US. Facebook is offering about 337.4 million shares for $28 to $35 each, according to a regulatory filing. At the upper end of that range, the co-founder’s stake would be $17.6 billion, making him richer than Microsoft Corp.’s Steve Ballmer and Russian steel billionaire Vladimir Lisin, who are both twice his age.