Mark Zuckerberg Net Worth
How much is Mark Zuckerberg worth?
|Net Worth:||$90 Billion|
|Nick Name:||Mark Zuckerberg|
|Real Name:||Mark Elliot Zuckerberg|
|Born:||May 14, 1984|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Programmer/Entrepreneur/ Founder of Facebook|
Mark Zuckerberg’s Net Worth
As of 2020, Mark Zuckerberg’s net worth is about 90 billion dollars. He is regarded as the fifth richest person on the planet, currently.
Mark Zuckerberg’s Overviews
Mark Elliot Zuckerberg is an American programmer, internet entrepreneur, and philanthropist. He was born in White Plains, New York, to Karen (née Kempner) and Edward Zuckerberg.
Mark Zuckerberg is known as the CEO, Co-founder, and the controlling shareholder of Facebook. The social platform was launched while he was still in school at Harvard University. Eventually, he dropped out to focus on putting in more effort into Facebook. In 2017, he received an honorary degree.
How did Mark Zuckerberg get rich?
On February 4, 2004, Facebook was launched from his Dormitory with his classmates: Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Later that year, he and his classmates moved Facebook to a small house that served as an office.
As of 2007, Mark Zuckerberg became the world’s youngest self-made billionaire at age 23. In 2012, Facebook was reported to reach one billion users. As of this writing, Facebook, Inc is a very lucrative company. As of 2019, it makes a revenue of 70.7 billion USD, and it has 48,268 employees.
Mark Zuckerberg owns 400 million total shares of Facebook. In September of 2017, he announced a plan to regularly sell off chunks of his shares to fund his foundation, the CZI (Chan-Zuckerberg Initiative). In 2018, he sold shares worth $5.3 billion. In 2019 he sold $1.86 billion worth of Facebook shares.
Mark Zuckerberg is also the co-founder of the “solar sail” spacecraft development project “Breakthrough Starshot”. In 2014, Facebook, Inc. bought WhatsApp for US$19 billion, after buying Instagram for $1bn in 2012. WhatsApp sale was Facebook, Inc.’s largest acquisition to date.
Mark Zuckerberg is the co-founder of the Chan Zuckerberg Initiative. In 2015, he and his wife pledged to transfer 99% of their Facebook shares, then valued at US$45 billion, to the Chan Zuckerberg Initiative throughout the course of their lives.
Some of his other philanthropic works are $100 million donations to Newark Public Schools in 2010. In 2013, he donated 18 million Facebook shares to the Silicon Valley Community Foundation, the shares totaled $990 million in value, which was recognized as the largest charitable gift on the public record for that year. In 2014, he and his wife donated US$25 million to combat the Ebola virus disease.
Mark Zuckerberg donated $25 million to a Bill and Melinda Gates Foundation-backed accelerator searching for treatments for COVID-19.
In 2020, Mark Zuckerberg‘s net worth is valued to be 90 billion dollars.