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Clarification: Facebook co-founder Chris Hughes' net worth close to $400 mn

FP Staff February 9, 2014, 09:12:58 IST

Firstbiz had carried a story based on a Wealth-X report that estimatedFacebook co-founder Chris Hughes’personal fortune to be worth US$1.6 billion. However, Wealth-X has now issued a clarification, saying that Hugheshas exercised nearly all of his Facebook stock options and his “current after-tax net worth is approximately US$400 million. [caption id=“attachment_75608” align=“alignleft” width=“380”] Getty Images[/caption] The initial Firstbiz copy with the wrong figure has been taken down and this is a corrected version of the report.

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Clarification: Facebook co-founder Chris Hughes' net worth close to $400 mn

Firstbiz had carried a story based on a Wealth-X report that estimatedFacebook co-founder Chris Hughes’personal fortune to be worth US$1.6 billion.

However, Wealth-X has now issued a clarification, saying that Hugheshas exercised nearly all of his Facebook stock options and his “current after-tax net worth is approximately US$400 million.

[caption id=“attachment_75608” align=“alignleft” width=“380”] Getty Images Getty Images[/caption]

The initial Firstbiz copy with the wrong figure has been taken down and this is a corrected version of the report.

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