Mark Zuckerberg, the world richest CEO 2012?

After the shocking news that falls onto the Internet which Facebook just bought Instagram at $1 billion, CNBC was predicting will  Mark Zuckerberg become the next world's richest CEOS in year 2012?

A lot of people are saying, Facebook takeover Instagram with such incredible price, it is because Instagram will be a barrier for Facebook to move forward in the near future.  So, what do you think?

Currently, the youngest CEO on the list was born in 1984 and the oldest was born in 1930.

Facebook takeover Instagram with $1 Billion

Facebook snapped up the hugely popular photo-sharing app Instagram Monday, for roughly $1 billion in a combination of cash and stock.

Facebook CEO Mark Zuckerberg announced the acquisition in a post on his Facebook Timeline Monday.

The sale is expected to close later this quarter, and will bring the nine-person staff of Instagram to the social network.

“For years, we’ve focused on building the best experience for sharing photos with your friends and family,” Zuckerberg said in the post. “Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.”

Zuckerberg went on to say that the company will be building on Instagram’s strengths and features and growing the app independently rather than “just trying to integrate everything into Facebook.”

source from Mashable | read more at http://on.mash.to/IcIiPm