Facebook's Valuation: What $104 Billion Is Worth

By Mark Milian and Marcus Chan - 2012-05-17T22:45:40Z

Photograph by John Coletti

Company Symbol % Change
News Corp NWSA:US -6.16
Facebook Inc FB:US -2.61
Apple Inc AAPL:US -2.81
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Mark Zuckerberg dropped out of Harvard University in 2004 to focus on developing Facebook. Although Zuckerberg never got his degree, the valuation of the company he built is equal to the cost of putting 512,587 students through a four-year Harvard education.

Harvard had 6,909 undergrads enrolled in 2010, and at that rate, $104 billion could cover the college's next 296 years of attendance. The Ivy League school listed the annual cost per undergrad student in 2010-2011 as $50,723, including tuition, housing and other fees. It did not include possible legal settlements with classmates.