Facebook will be worth US$100 billion

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Facebook is in discussions to complete a public offering by June 2012 – a move that will list it on the stock market at a valuation of US$100 billion.

That figure is sure to please Facebook founder Mark Zuckerberg, who – according to Wall Street Journal – owns 24 per cent of the company.

Math wizards among you will note that this will net Zuckerberg’s worth at a cool US$24 billion, making us all feel like a bunch of underachievers. Thanks Mark.

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Dan is Editor-in-chief of Stuff, working across the magazine and the Stuff.tv website. Our Editor-in-Chief is a regular at tech shows such as CES in Las Vegas, IFA in Berlin and Mobile World Congress in Barcelona as well as at other launches and events. He has been a CES Innovation Awards judge. Dan is completely platform agnostic and very at home using and writing about Windows, macOS, Android and iOS/iPadOS plus lots and lots of gadgets including audio and smart home gear, laptops and smartphones. He's also been interviewed and quoted in a wide variety of places including The Sun, BBC World Service, BBC News Online, BBC Radio 5Live, BBC Radio 4, Sky News Radio and BBC Local Radio.