Mark Zuckerberg Net Worth

Mark Zuckerberg net worth and biography, at the age of 19, Zuckerberg founded Facebook at Harvard University to allow students to match names with classmates’ pictures. The site grew quickly and eventually surpassed one billion users by 2012. In May 2012, Zuckerberg took the company public with a majority stake.

From his Harvard University dorm room, Mark Zuckerberg co-founded the social-networking website Facebook. After his sophomore year, Zuckerberg dropped out of college to focus on the web, which now has a user base of over two billion people, making him a multibillionaire. The Social Network, a 2010 film, depicted the birth of Facebook.

Mark Zuckerberg – Biography

  • Full Name: Mark Zuckerberg
  • Gender: Male
  • Date of Birth: May 14, 1984
  • Marital Status: Married
  • Age: 37
  • Residence: Palo Alto, California
  • Nationality: United State
  • Wide/Spouse (Name): Priscilla Chan
  • Source of Wealth: Facebook
  • Children: 2
  • Education: Drop Out, Harvard University

The CEO, founder, and president of Facebook is Mark Elliot Zuckerberg. Aside from being a successful businessman, philanthropist, Zuckerberg is an American. He’s also a board member and co-founder of Breakthrough Starshot, a project to develop solar sail spacecraft.

Mark Zuckerberg was born in White Plains, New York, on May 14, 1984, and grew up in Dobbs Ferry, a nearby town.

He came from a well-educated family and showed an early interest in computer programming.

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Zuckerberg developed Zucknet, a messaging program for his father’s dental practice when he was 12 years old. He also designed computer games for entertainment with his friends. He explained, “I had a bunch of artist friends.” “They’d come over and draw things, and I’d turn it into a game.”

His parents hired a computer programming tutor and enrolled him in a prep school in New Hampshire because of his early signs of success. Zuckerberg enrolled in Harvard University after graduating from prep school.

Mark Zuckerberg – Net worth

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According to Forbes, Mark Zuckerberg Estimated Net Worth is $107.0Billion.

The trio relocated to Palo Alto, California, in 2004, where Zuckerberg persuaded venture capitalist Peter Thiel to give them seed money. Zuckerberg dropped out from Harvard University to concentrate on his business. His business, the startup he later became CEO and president of; Facebook, got its first significant infusion of venture capital ($12.7 million) in May 2005.

Four months later, Facebook allowed high-school students to sign up. Foreign colleges and universities started to sign up as well, and by September 2006, anyone with an e-mail address could join a regional network based on their location. Around that time, Zuckerberg turned down a $1 billion buyout offer from Yahoo! In 2007, Microsoft paid $240 million for a 1.6 percent stake in Facebook.

Two years later, Digital Sky Technologies paid $200 million for a 1.96 percent stake in Facebook. Zuckerberg’s new net worth was estimated to be around $1.5 billion in 2008. Zuckerberg’s net worth was estimated to be more than $19 billion after Facebook’s initial public offering (IPO) of stock in 2012.

When it comes to power, Zuckerberg has signed the Giving Pledge, pledging to donate at least half of his fortune to charitable causes before he dies. He gave more than $100 million to save the Newark school system in New Jersey in 2010.

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When his daughter Max was born, Zuckerberg and his wife Priscilla Chan wrote an open letter in which they promised to give away 99 percent of their net worth throughout their lives.

Many, however, have criticized Zuckerberg’s method of donating his fortune. Zuckerberg and Chan’s charitable foundation is a limited-liability organization, not a charitable trust. This decision allows the two to do things that charitable trusts cannot, potentially increasing the foundation’s effectiveness while also benefiting their family more than a traditional trust.

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He became the world’s youngest self-made millionaire at the age of 23 in 2007. Zuckerberg’s net worth is $107.0 billion as of March 2021, making him the world’s fifth-richest person.

Since 2008, Time magazine has named Zuckerberg one of the world’s top 100 most influential people in its person of the Year award. Zuckerberg was ranked 5th on Forbes’ list of the World’s Most Powerful People in December 2016.