If you know anything about the internet and social media, then Mark Zuckerberg isn’t someone you’re not supposed to know. Famous for co-founding Facebook and serving as its President and CEO, Mark is one of the world’s greatest tech entrepreneurs. By founding Facebook, the American quickly became one of the most influential and wealthy people in the world, giving him the audacity to take part in various charitable causes which saw him give away an incredible chunk of his wealth.
To cite one example, the founder of Facebook and his wife, in October 2014, parted ways with $25 million. She donated money to help fight the Ebola outbreak in West Africa. If you think that’s huge, he gave nearly $1 billion ($990 million) to the Silicon Valley Community Foundation the year before (2013). The $600 million he donated to Biohub in 2016 and the $100 million he gave to Newark Public School in 2010 are among the reasons he is considered one of the world’s most generous philanthropists. America and even the world.
Above all, Mark and his wife signed The Giving Pledge in 2017, validating their vow to give 99% of their wealth to philanthropic causes. This begs the question…
What is Mark Zuckerberg’s net worth?
Ever since Mark and his wife first announced that they will be devoting nearly all of their fortune to charity, people have always known how to hold on to the value of Zuckerberg’s wealth. If you are one of those, know that the founder of Facebook is not as rich as he was.
After Facebook found its way to the New York Stock Exchange in May 2012, Mark Zuckerberg was making up to $9 billion a year. The total value of his wealth reached then more than 86 billion dollars. In July 2018, Facebook’s stock hit did not leave the CEO’s net worth close to $20 billion. He was reported to have lost around $18.8 billion in two hours, reducing his fortune to a few billion over the age of 60.
Marks’ Wealth Couldn’t ReboundSince then, Facebook has been embroiled in one controversy or another that affects its stock performance. As of this writing, Mark Zuckerberg’s net worth sits at $53.5 billion, which puts him in eighth place on Forbes’ list of global billionaires.
His salary, house and cars
You imagined his salary would be a huge amount huh? This is not the case, the CEO and founder of Facebook is the lowest paid employee of his company; he earns an annual salary of $1. This has been the case since 2013 and Mark confirmed it in 2015, explaining that he had already made a lot of money.
Among other things, Mark Zuckerberg is admired for missing the desire to show off his wealth and live a life of luxury. This is more true when it comes to clothes and cars. Until now, it has never been seen with a high-end car. His cars include a VW hatchback, a Honda Fit and an Acura TSX. None of his cars are said to be worth more than $30,000.
Nevertheless, the Facebook founder has nothing to offset much time on real estate. He bought his San Francisco Bay Area home in California for $7 million in 2011. He then spent $30 million to buy four other homes nearby. Other than that, he owns a 5,500 square foot home in San Francisco’s Mission District and properties he secured for around $100 million in Kauai in 2014.
education history
Even though Mark Zuckerberg dropped out of Harvard University, he’s very enlightened. He received his first formal education at an elementary school located in Dobbs Ferry, a village in New York where he was raised. Mark then attended Ardsley High School but transferred to Phillips Exeter Academy, a private school located in Exeter, New Hampshire. After graduating from the institution, Mark went to Harvard where he majored in computer science and psychology.
He had to hack Harvard’s database to create what he called FaceMash which eventually evolved into Facebook. When Facebook gained huge popularity, Zuckerberg quit to focus on growing it. It was before his freshman year. Meanwhile, he received an honorary degree from Harvard in May 2017.
Mark Zuckerberg’s wife and family
It’s no secret that the brand has been married to Priscilla Chan since 2012. The Facebook founder, born May 14, 1984, is only a few months older than the love of his life. Priscilla was born on February 24th in 1985. Her birthplace was in Braintree, Massachusetts, United States, although she was of Chinese descent. The American pediatrician met Mark at Harvard at a party. They became friends, grew to be lovers and finally became life partners on May 19, 2012.
Their union has been blessed with two daughters so far. They welcomed the first (Maxima) in November 2015 and her sister (August) in August 2017. Mark is not the only child of his parents (Edward and Karen Zuckerberg); he is the brother of three sisters – Donna, Arielle and Randi.