Facebook will be worth US$100 billion

Facebook is in discussions to complete a public offering by June 2012 – a move that will list it on the stock market at a valuation of US$100 billion.

That figure is sure to please Facebook founder Mark Zuckerberg, who – according to Wall Street Journal – owns 24 per cent of the company.

Math wizards among you will note that this will net Zuckerberg's worth at a cool US$24 billion, making us all feel like a bunch of underachievers. Thanks Mark.

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