Contact Us

Facebook Founder Mark Zuckerberg Involved in Ownership Lawsuit

Justin Sullivan, Getty Images

Who owns Facebook? You would think that the creator of the social networking giant would have all the rights to ownership, but someone else has stepped forward claiming that he’s the real owner of Facebook.

Paul Cegila of New York, has brought a lawsuit against Facebook founder Mark Zuckerberg, claiming that he has partial ownership over the company. Cegila’s argument comes from a 2003 contract that allegedly shows Cegila agreed to invest $1,000 in Zuckerberg’s Facebook project, as long as Cegila could have half of the project when it expanded. But now, recent evidence suggests that the contract is an “outright fabrication.

Doesn’t this sounds like what happens when somebody wins the lottery and the relatives start coming out of nowhere claiming they deserve part of the winnings? With Facebook being valued at nearly $50 billion, it’s no surprise that somebody would want a part in its success. But regardless of whether this guy really had a contract or not, there’s no way he’s getting half of Facebook.

Best of KFYO

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KFYO Advisory Board quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KFYO Advisory Board contests, events, coupons, presales, and much more delivered to you for FREE.