BREAKING NEWS

Mark Zuckerberg Lives Likes a Hobo

Oct. 27 2008, Published 7:07 a.m. ET

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ADIDAS ASCETIC Zuckerberg

"I'm not buying really expensive clothes. I have a little, like, one-bedroom apartment with a mattress on the floor. That's where I live." So says alleged code pilferer and Facebook founder Mark Zuckerberg in an interview with 60 Minutes' Leslie Stahl, slated to air this Sunday. And the Harvard dropout isn't lying.

Despite selling a 1.6 percent stake in the company to Microsoft last year for $240 million, Zuckerberg showed up to the interview wearing a sweatshirt and flip-flops (Adidas flip-flops, no doubt).

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The critical and user backlash against Facebook's Beacon advertising system seems to have humbled the Zuck, who characterizes the chances that the company will go public in 2008 as "highly unlikely." Guess it's just reheated pizza and ramen noodles until then.

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