Instagram CEO just made $400 million, or $725,000 per day

Instagram chief executive Kevin Systrom just netted $400 million for selling his two-year-old startup to Facebook for $1 billion. That’s according to a report by Wired, which cites sources indicating that Systrom holds 40 percent of the company he founded.

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HelloWallet keeps track of your money, raises $12M

HelloWallet, an online service that encourages you to spend your money more wisely, announced Thursday it has raised $12 million in its second round of funding.  Investment research company Morningstar, Inc. and TD Fund led the round.

Facebook’s Mark Zuckerberg now worth more than Steve Jobs

The annual Forbes 400, which attempts to measure and rank the richest Americans in terms of their net-worth, came out today with a big surprise: Facebook’s Mark Zuckerberg, who has been the world’s youngest billionaire to date, is now worth more than Apple’s Steve Jobs.