Wealth Management
I am not so much concerned with the return on capital as I am with the return of capital.
Mark Zuckerberg is the second youngest billionaire in the world, with the number-one spot going to his co-founder Dustin Moskovitz. (He’s only eight days younger than Zuckerberg.)
But unlike other tech billionaires—such as Oracle’s Larry Ellison and Microsoft’s Bill Gates—Zuckerberg doesn’t have multiple estates, yachts, and other nice toys. He lives in a $7 million home in Menlo Park, which seems kind of underwhelming for a billionaire. He had to get a loan from Moskovitz for the down payment!
Wealth doesn’t seem overly important ...
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