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This Article is From Jun 14, 2016

LinkedIn Founder’s Fortune Leaps on Sale to Microsoft: Chart

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Rob LaFranco

Reid Hoffman, co-founder of social network LinkedIn Corp., added almost $1 billion to his fortune Monday after the company's value soared on news that Microsoft Corp. will buy the business for $26.2 billion. His net worth has risen almost 60 percent since its low point of $2.4 billion on Feb. 9. Hoffman, whose investments include Zynga Inc. and Facebook Inc., has a net worth of $3.8 billion, according to the Bloomberg Billionaires Index.

To contact the reporter on this story: Robert LaFranco in London at rlafranco@bloomberg.net. To contact the editors responsible for this story: Robert LaFranco at rlafranco@bloomberg.net, Sophie Caronello

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