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BRUTAL: Mark Pincus Is No Longer A Billionaire (ZNGA)

Matt Lynley

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Zynga's shares are now trading under $8.80, which means CEO Mark Pincus' share of the company is now worth less than $1 billion.

Pincus owns around 111 million shares of the company. When it went public, Pincus' share was worth $1.06 billion. It's now worth $979 million.

The next largest investor is Bing Gordon, who along with Kleiner Perkins Caufield & Byers owns 65 million shares. That stake is now worth $570 million.

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source: www.businessinsider.com

19 Dec 2011

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