Get SF Weekly Newsletters

Friday, May 18, 2012

Mark Zuckerberg Now Worth $20 Billion More: How Many Hoodies Will That Buy Him?

Posted By on Fri, May 18, 2012 at 12:54 PM

What would you do with $20 billion?
  • What would you do with $20 billion?

This morning, Facebook CEO and hoodie aficionado Mark Zuckerberg changed the world for the second time when he rang the bell, making his multi-billion-dollar company officially public. As Mike Cassidy from the Mercury News so aptly put it: It was like "Christmas, New Year's, Diwali, Tet, Fiestas Patrias and the Fourth of July all rolled into one."

Investors, the media, and pretty much the whole world were in a Facebook frenzy this morning as they watched the Silicon Valley social media business make a new mark as the biggest tech company IPO ever. More than 100 million shares were sold in under five minutes, which brings us to the next obvious question:
How many new hoodies can Mark Zuckerberg buy now that he's worth $20 billion more?

We did some quick calculations and found that an elegant American Apparel hoodie costs $48 -- not including tax. Let's assume they let the sales tax slide for Zuck. He could easily take home 416,666,666 brand-new hoodies
.

That is a metric shitload of hoodies, and just enough for every woman, man, and child in America.

In short, Zuckerberg could go a damn long time without wearing the same hoodie twice, and isn't that what capitalism is all about?

Follow us on Twitter at @SFWeekly and @TheSnitchSF

  • Pin It

Tags: , , , , ,

About The Author

Erin Sherbert

Erin Sherbert

Bio:
Erin Sherbert was the Online News Editor for SF Weekly from 2010 to 2015. She's a Texas native and has a closet full of cowboy boots to prove it.

Comments

Subscribe to this thread:

Add a comment

Popular Stories

  1. Most Popular Stories
  2. Stories You Missed

Like us on Facebook

Slideshows

  • clipping at Brava Theater Sept. 11
    Sub Pop recording artists 'clipping.' brought their brand of noise-driven experimental hip hop to the closing night of 2016's San Francisco Electronic Music Fest this past Sunday. The packed Brava Theater hosted an initially seated crowd that ended the night jumping and dancing against the front of the stage. The trio performed a set focused on their recently released Sci-Fi Horror concept album, 'Splendor & Misery', then delved into their dancier and more aggressive back catalogue, and recent single 'Wriggle'. Opening performances included local experimental electronic duo 'Tujurikkuja' and computer music artist 'Madalyn Merkey.'"