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Davos

Facebook boss Sheryl Sandberg is now one of the world's youngest billionaires

Sheryl Sandberg will attend the World Economic Forum this week.

SHERYL SANDBERG IS officially one of the youngest billionaires in the world.

Her fortune surpassed $1 billion yesterday after Facebook closed at a record $58.51 in New York, Bloomberg TV reports.

The chief operating officer at Facebook owns about 12.3 million shares at the company. Her stake is valued at about $750 million.

According to the Bloomberg Billionaires Index, the 44-year-old is one of the youngest female billionaires in the world.

David Kirkpatrick, author of ‘The Facebook Effect’, says she was “brought in to figure out how to make money” and that it’s “proving to be one of the greatest stories in business history”.

Sandberg has written her own best selling book ‘Lean In’.  She is also a donor to President Barack Obama and sits on the board of Walt Disney Co.

Kirkpatrick added that:

“She went to Google, moved on to go to Facebook, went to write a book, and she’ll know when to run for political office, and probably win that office.

Meanwhile, Sandberg will be attending the World Economic Forum’s annual meeting this week in Davos, where Taoiseach Enda Kenny is also a delegate.

More than 2,500 other business and political leaders will also be there.

Source: Bloomberg

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