Author. Top tech exec. Female icon. Billionaire.
Sheryl Sandberg officially became a billionaire on Tuesday, according to data compiled by the Bloomberg Billionaires Index, adding yet another impressive accomplishment to an already impressive list.
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The Facebook COO's net worth hit $1.03 billion on Tuesday, according to Bloomberg, as Facebook stock closed at a new all-time high. Sandberg has gradually sold off more than $300 million worth of Facebook stock since the company went public in May 2012, but she still owns 12.3 million shares in the company.
Mark Zuckerberg, Facebook's cofounder and CEO, is worth more than $26 billion.
Facebook's stock closed at $58.51 a share on Tuesday, a new high for the company and nearly double its price from a year earlier. The stock's rise has been fueled by renewed investor confidence in Facebook's ability to monetize on mobile, as well as the potential for new revenue streams from video ads, Instagram ads and other products.
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