Mark Zuckerberg. (Source: Getty Images)
What is Mark Zuckerberg’s net worth in 2021?
$135 billion
Mark Zuckerberg is the co-founder and CEO of the social networking site Facebook, as well as a media mogul and one of the world’s youngest billionaires, with a net worth of $135 billion.
After a global outage of Facebook services on October 4, 2021, Mark’s net worth plummeted into the billions in a couple of hours. According to the Bloomberg Billionaires Index, he lost nearly $6.1 billion in the last day, falling to the fifth-richest man on the planet from his starting fourth position.
Since 2008, he has been named one of the 100 most influential people in the world as part of Time magazine’s Person of the Year award, which he won in 2010. He was ranked 10th on Forbes’ list of the world’s most powerful people in December from 2016.
Quick facts about Mark Zuckerberg
Mark Zuckerberg net worth | $135 billion |
Annual salary) | $1 |
Full name | Mark Elliot Zuckerberg |
Date of Birth | May 14, 1984 |
Years | 37 |
Gender | Male |
Nationality | American |
Profession | Programmer, Entrepreneur, Entrepreneur |
marital status | Married |
Wife | Priscilla Chan |
Mark Zuckerberg Earnings, Salary, Career & More
Mark Zuckerberg amassed his estimated net worth at $135 billion as a result of the massive success of Facebook, which he founded in 2004. With a base salary of just $1, Zuckerberg is the company’s lowest-paid employee and his fortune rests largely on his stock. From Facebook
Mark currently controls approximately 400 million shares of Facebook, which are divided into multiple classes with different voting rights. He owns about 12 million Class A shares of Facebook and 365 million Class B shares, which is about 81 percent of all B shares. He controls nearly 58 percent of the company’s voting power. On August 7, 2020, his net worth exceeded $100 billion for the first time.
Since Facebook’s IPO in 2012, Zuckerberg has added an average of $9 billion to his net worth each year, despite earning little in his position as CEO. He is by far the largest shareholder in Facebook, with a market value of $82.2 billion, and his fortune is growing with the share price.
Faced with the dilemma of what to do with their fortune, Zuckerberg and his wife issued a lengthy statement on Facebook (naturally) in 2015, affirming their commitment to donate 99 percent of their Facebook shares to the Chan Zuckerberg philanthropy over the next few years. their lives.
Mark Zuckerberg owns several properties. He and his family live in a modest 5,000-square-foot house in Palo Alto, which he bought for $7 million in 2011. In 2012, Zuckerberg began buying the four houses surrounding his home. The total cost was $43 million. He bought a 5,500-square-foot townhouse in San Francisco for $10 million in 2013. He spent more than $1.6 million on the renovations.
He paid $100 million for two properties on the Hawaiian island of Kauai in 2014. He paid more than $45 million for another 89 nearby acres in 2017. In 2018, he spent $59 million on two neighboring private Lake Tahoe-facing properties.
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Mark Zuckerberg Relationship and Personal Life
Since 2012, Zuckerberg has been married to Priscilla Chan, a Chinese-American medical student whom he met while studying at Harvard. The longtime couple tied the knot a day after Facebook went public.
On Facebook, the couple revealed that they were expecting their two children. Max, who was born on November 30, 2015, and August, who was born on August 28, 2017, are the couple’s two daughters.
Mark Zuckerberg Early life, family and education
He was born in White Plains, New York, into a prosperous and well-educated family. She grew up in Dobbs Ferry, a neighboring community.
Zuckerberg’s father, Edward Zuckerberg, maintained a dental practice in the family home, while his mother, Karen, worked as a psychiatrist before the couple’s four children, Mark, Randi, Donna, and Arielle, were born.
Zuckerberg was fascinated by computers from a young age, and at the age of 12, he used Atari BASIC to build “Zucknet,” a messaging application that the family often used to communicate within the house.
Phillips Exeter Academy, a prestigious preparatory school in New Hampshire, was where he studied. He went to Harvard University after graduating from Exeter in 2002. He dropped out after his second year to focus full time on his new company, Facebook.