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Facebook's Zuckerberg Vacationing in Vietnam

on Tuesday, 27 December 2011. Posted in Facebook News

Facebook is blocked in Vietnam, but CEO Mark Zuckerberg still chose it as a vacation destination, according to the AP.

Zuck reportedly arrived in the communist country on Dec. 22, the AP said, citing state-run media, and celebrated Christmas Eve at Ha Long Bay, a popular tourist spot.

On Christmas Day, Zuckerberg headed to Topas Ecolodge in Sapa, a mountain town in northwest Vietnam, where he rode a buffalo, according to the deputy manager of the lodge.

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There's no indication that Zuckerberg's visit was business-related. Perhaps even the world's youngest billionaire needs a vacation. Facebook has not commented.

Next on the agenda for Facebook is an IPO, according to reports. The company said it expects to file public financial reports no later than April 30, 2012. Gawker said recently that Facebook will allegedly break $3 billion in revenue, making the IPO worth upwards of $100 billion.

As the owner of nearly a quarter (24 percent) of Facebook's shares, Zuckerberg will have a stake in the company worth about $24 billion, if the alleged value of the IPO is correct.

Meanwhile, Facebook earlier this month released its Timeline update to all 800 million of its users. Surce: www.pcmag.com

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