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Facebook founder is world's youngest billionaire

By: Errol Mars

Facebook 23-year-old founder, Mark Zuckerberg, is the youngest self-made billionaire ever, according to Forbes magazine's annual ranking of the World's Billionaires.

Mark Zuckerberg, personal wealth is estimated at $1.5 billion dollars, based on a conservative valuation of $5 billion for Facebook and Zuckerberg's estimated 30 percent stake.

"He is the youngest billionaire in the world right now and we also believe he is the youngest self-made billionaire in history," said Matthew Miller, Forbes magazine's Associate Editor.

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