Facebook billionaire Mark Zuckerberg and new wife spring for luxury yacht ride around Italian coast on honeymoon
08:47 GMT, 30 May 2012
Relaxing with his new wife on a cruise around Italy, Mark Zuckerberg doesn't appear to have a care in the world.
But if news of Facebook's stock market decline has reached him, he will no doubt be feeling rather more uneasy today.
The company's shares plunged to its lowest point yet yesterday since its controversial public debut earlier this month, which is currently the subject of at least two shareholder lawsuits.
Seaside: The first couple of Facebook has finally put their billions to good use during their honeymoon
High Tide: The couple rented the entire boat, which can fit up to 12 people and can travel up to 45mph, according to company Amalfi Tours
Plain Jane: He wore plane Adidas sandals and she traipsed alongside him in sneakers as the two boarded a Pershing 37 luxury vessel to view the coastline in all its glory
Adventure: Mark Zuckerberg has treated his new wife Priscilla Chan to a cruise around Italy's Amalfi Coast after spending two days exploring Rome
Trading finished the day on Tuesday at $28.84 after a steady downward trend since it opened at $38 at its IPO on May 18, the day before Zuckerberg wed his longtime girlfriend Priscilla Chan.
In spite of the troubles on the market, the first couple of Facebook have been enjoying a cruise around Italy's Amalfi Coast after
spending two days exploring Rome on their honeymoon.
wore plane Adidas sandals and she traipsed alongside him in sneakers as
the two boarded a Pershing 37 luxury vessel to view the coastline in
all its glory.
The couple rented the entire boat, which can fit up to 12 people and can travel up to 45mph, according to company Amalfi Tours.
Tour: The company is known to specialize in custom tours, shuttling customers to show the most beautiful and must-see sights of the jagged coastline and surrounding islands of Capri, Ischia, Procida, and Li Galli
Float: The boat ride was a stark departure from the Zuckerberg's previously low-key exploration of Italy, which has been mostly comprised of moonlit strolls and sightseeing
The newlyweds were accompanied by
only the captain, as they switched from the interior leather seats to
the front of the 12-meter vessel.
The company is known to specialize in custom tours, shuttling
customers to the most beautiful and must-see sights of the jagged
coastline and surrounding islands of Capri, Ischia, Procida, and Li
boat ride was a stark departure from the Zuckerberg's previously
low-key exploration of Italy, which has comprised mostly of moonlit
strolls and sightseeing.
As one of the world's wealthiest men, with 11.6bn to his name, many were surprised by the couple's itinerary.
The two have preferred low-key adventures rather that upscale expenditures in the past few days, endearing many with their simple style of celebration.
couple's Italian romance continued with a simple evening
stroll in a picturesque village on the Amalfi Coast in Southern Italy.
hand-in-hand down gently lit cobbled roads, soaking up the atmosphere,
the two proved that sometimes it's the simplest things – and those that
come free – that provide the most pleasure.
Relaxed: Mark Zuckerberg and his new bride Priscilla Chan wander through the cobbled streets of Italy's beautiful Amalfi coast
The best things in life are free: The two enjoy each other's company as they meander slowly through the narrow streets
Picturesque: The Amalfi Coast has been made a World Heritage Site thanks to its natural beauty
With their coordinated monochrome style – he in a black blazer and white shirt (the hooded top left back at the hotel), she in white lace dress and dark blazer – the two looked the epitome of Continental chic.
The couple have travelled to the picturesque part of Southern Italy – a part of the country so beautiful it has been declared a World Heritage Site – from Rome, where they have spent the past few days sight-seeing.
Before, the newlyweds were spotted brushing up on some Italian architecture as they toured the Sistine Chapel.
A fellow tourist snapped the Facebook CEO as he wandered around the chapel in the Vatican with a priest and tour guide, occasionally placing an affectionate hand on his new bride's back.
The photo of Mr and Mrs Zuckerberg taking in Michelangelo's frescoes was just one many sightings across the Italian capital of the notoriously private social network founder.
Roman holiday: Mark Zuckerberg and new wife Priscilla Chan look engrossed as a tour guide speaks about the Sistine Chapel on their honeymoon
Polish tourist Darek Rusajczyk posted the image to Twitter after spotting the social network billionaire and his wife, who is training to become a doctor.
The couple were dressed casually, with Zuckerberg in his typical jeans and T-shirt (but missing a hoodie) while Priscilla wore bright red skinny jeans and wraparound cardigan.
Zuckerberg and his wife listened intently to a guide explaining the marvels of the stunning 500-year-old paintings that adorn the walls and ceilings.
That's amore: Zuckerberg places a hand on his new wife's back as they take in the art at the Vatican
Tourist trail: The couple were casually dressed in jeans and t-shirts as they listened to a priest talk about Michelangelo's art
Eschewing glitzy restaurants and stiff luxury dining, the two opted for a meal at a Kosher restaurant called Nonna Betta in Rome's Jewish Ghetto where they enjoyed a simple Italian meal of fried pumpkin flowers and ravioli in an artichoke sauce.
Their bill, which was immediately posted online, revealed that the two sipped tea and water, and paid just 32 euros for their feast – a mere drop in the ocean of Zuckerberg's fortune.
Within minutes of leaving the restaurant, the owner Umberto Pavoncello had confirmed the couple had paid a visit – while word also quickly spread via social networking sites.
Mr Pavoncello said: 'They seemed like two lovebirds. They shared a plate of artichoke ravioli in the centre of the table. It was a very romantic scene.'
Impressed: Mr and Mrs Zuckerberg hang on every word of their tour guide at the start of their Italian honeymoon
Honeymooners: Zuckerberg looks delighted with his new wife as they take in the tourist sights
The couple were also seen at the Colosseum, the Trevi Fountain and the Spanish Steps, where they took dozens of photographs, before Zuckerberg took his new wife for dinner at Pierluigi restaurant, an institution in the Eternal City since 1938.
Staff revealed the two dined out on a supper of prawns Catalan style, oysters and fish carpaccio, followed by lobster pasta and flame grilled fish washed down with a bottle of Chardonnay Gaia e Rei.
Receipt: He may have billions in the bank, but the Facebook CEO shared a bargain meal with his wife
Unlike Nonna Betta, staff at Pierluigi were rather more reluctant to reveal the cost of their dinner but it was thought to be in excess of 120 – service not included – with a waiter saying: 'It was just the two of them.
'They were happy and content. They had an intimate and romantic dinner.'
The couple are thought to have arrived in Rome by private jet and stayed at the luxury five star Portrait suites hotel close to the Spanish Steps which is owned by the family of fashion designer Salvatore Ferragamo. Prices for the upmarket hotel starting at 800 euros a night.
Zuckerberg and his new bride had a sumptuous suite overlooking the Trinita dei Monti, the church at the top of the Spanish Steps and enjoyed breakfast in their room every morning before being taken around the city in a chauffeur-driven limousine.
On its website the hotel writes: 'Delight in the ‘Dolce Vita’ at the breathtaking Portrait Suites in Rome in the heart of Via Condotti, a stone throw away from the Spanish Steps.'
The couple met while both students at Harvard University, which is when Mr Zuckerberg launched the program out of his dorm room.
In the past eight years, the site has grown into a worldwide network of almost a billion people, was supposed to offer proof that social media is a viable business and more than a passing fad.
Facebook's initial public offering of stock priced at $38 and raised $16billion for Facebook and some of its early investors.
Why the long faces Zuckerberg and Priscilla Chan look awkward as they eat during their honeymoon on Monday
Venue: Zuckerberg, 28, and Priscilla Chan, 27, were spotted having lunch a Kosher restaurant called Nonna Betta in Roma's Jewish Ghetto
It had valued the company at $104billion – more than Amazon.com Inc., at $98billion, at the time.
But the stock's public debut was marred by technical glitches at the Nasdaq Stock Market that delayed trading.
And the company, along with the investment banks that led the IPO, is the subject of at least two shareholder lawsuits.
They allege that analysts at the
large underwriting investment banks cut their second-quarter and
full-year forecasts for Facebook just before the IPO and told only a
handful of clients.
Amid a flurry of lawsuits over
Facebook's IPO, Morgan Stanley announced in a memo on Wednesday that it
is reviewing Facebook trades and would adjust prices for some retail
customers who overpaid.
The IPO mishaps have sparked numerous
lawsuits against Morgan Stanley, the Nasdaq stock exchange and Facebook
itself by shareholders who claimed they hid the social networking
company's weakened growth forecasts just before it went public.
True love: Priscilla Chan, the new Mrs Mark Zuckerberg, was walked down the aisle two weeks ago by the couple's dog Beast, a Hungarian sheepdog. The couple also wrote their own vows
The allegations raised questions about whether top investors profited at the expense of smaller buyers.
The insider spoke on the condition of anonymity because they were not authorized to speak publicly.
Facebook's much-anticipated IPO was delayed by a half-hour on Friday because of technical glitches on the Nasdaq.
After pricing at $38, Facebook's stock initially closed up 23 cents on Friday and has been down since.
In a sign of how feeling is changing
against Facebook, some commentators have begun comparing its activities
to the most reckless behaviour of Wall Street banks.
They have also coined the word ‘Zucked’, which means to get shafted on the sale of Facebook shares.
These major sell-offs comes as new
allegations are emerging the the over-hyped Facebook stock sale may have
been rigged against small, every-day buyers.
Two separates lawsuits have been
filed against the company and the banks that organized the IPO, Morgan
Stanley and Goldman Sachs, alleging the executives knew second-quarter
revenue would not meet expectations as Facebook's growth slows.
With the latest drop, Facebook's value is about $80 billion.