Bloomberg News

Facebook’s Zuckerberg Announces Marriage, Updates Status on Page

May 20, 2012

Facebook Inc. (FB:US) Chief Executive Officer Mark Zuckerberg announced his marriage to Priscilla Chan on his Facebook page yesterday. The couple wed in a ceremony in the backyard of his home in Palo Alto, California, the Associated Press reported.

Zuckerberg, 28, wed his long-standing girlfriend Chan, 27, before fewer than 100 guests, who had arrived expecting only to celebrate Chan’s graduation from medical school, AP said.

The two updated their Facebook pages with a wedding photo, and changed their relationship statuses to “married.” The ceremony came after Facebook raised $16 billion in the largest initial public offering on record for a technology company.

Facebook shares rose 0.6 percent to $38.23 as of 4 p.m. in New York on May 18 after earlier trading at the IPO price of $38, which valued the company at $104.2 billion. Zuckerberg’s net worth rose $100 million to $19.4 billion, ranking him 26th on the Bloomberg Billionaires Index, ahead of Google Inc. (GOOG:US)’s Sergey Brin and Larry Page.

The Facebook photograph shows Zuckerberg in a suit rather than his trademark hoodie, and Chan in a white wedding dress. The pair met at Harvard University, where Zuckerberg founded the social-networking site in 2004, and have been together for nine years, AP reported, citing a guest authorized by the couple to speak.

Zuckerberg, who was named Time magazine’s Person of the Year in 2010, designed the ring featuring “a very simple ruby,” AP said, citing the same source.

To contact the reporter on this story: Andy Sharp in Tokyo at asharp5@bloomberg.net

To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net


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Companies Mentioned

  • FB
    (Facebook Inc)
    • $78.54 USD
    • 1.59
    • 2.02%
  • GOOG
    (Google Inc)
    • $523.89 USD
    • 3.05
    • 0.58%
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