Mark Zuckerberg Net Worth and Biography are our focus in this article where we have provided you with all the important information and facts that you ought to know. Mark Zuckerberg is a popular personality known globally as the CEO and inventor of the popular social media handle “Facebook” been a computer programmer and internet entrepreneur. Perhaps you know Mark Zuckerberg but I bet not as much as you think including Mark Zuckerberg Net Worth 2021 and all other information that will interest you about this American billionaire and philanthropist.
MARK ZUCKERBERG NET WORTH AND BIOGRAPHY 2021
Below is a highlight on Mark Zuckerberg Net Worth and Biography
- Real Name: Mark Elliot Zuckerberg
- Date of Birth: 14th May 1984
- Age: 35 years
- Place of Birth: White Plains, New York, U.S.A
- Net Worth: $129.6 billion US dollars
- World Richest position: #5
- Nationality: American
- Occupation: Technology Entrepreneur (software)
- Company: Founder of Facebook
- Marital Status: Married to Priscilla Chan
- Children: Yes (2)
- Height: 1.71m
Mark Zuckerberg Net Worth
The American internet entrepreneur Mark Zuckerberg’s net worth is estimated to be $US130 billion dollars and he is the youngest among the top 5 richest men in the world.
Zuckerberg’s highest net worth pick in 2020 was September which he netted $115 billion and in 2021 July he netted the highest ever which is $115 billion. That is more than a 19% increase in profit in July 2021.
Thus, He continually enjoys an increase in profit amidst several scandals and legal issues. Zuckerberg makes a bulk of his money as the founder and CEO of Facebook including other social media handles which he purchases such as Instagram and WhatsApp.
Milestones:
- 1984 Mark Elliot Zuckerberg is born in White Plains, New York.
- 2004 Creates thefacebook.com in Harvard dorm room with three friends.
- 2004 Raises $500,000 angel investment from venture capitalist Peter Thiel.
- 2005 Company officially changes its name to Facebook.
- 2005 Rejects $1 billion offer to sell Facebook to Yahoo.
- 2012 Facebook acquires Instagram for $1 billion.
- 2012 Facebook sells it shares in what was then the biggest technology IPO in history.
- 2012 The social network crosses the 1 billion members mark.
Mark Zuckerberg humble Beginning
As we begin our discussion on Mark Zuckerberg Net Worth and Biography, the American billionaire hails from a family of six, born on the 14th of May 1984 to Karen Kempner and Edward Zuckerberg and his siblings are Randi, Donna, and Arielle.
Mark was born in White Plains, New York, and was raised in a Jewish setting in Dobbs Ferry, New York. Mark began his education as soon as possible and began his high school education at Ardsley High School where Mark displayed his academic excellence and prowess in every class. He later transferred to Phillips Exeter Academy; again, he proved his academic excellence winning prizes in almost all the science classes.
He obtained his undergraduate degree at Mercy College before enrolling at Harvard University where the idea of Facebook was birthed. Nonetheless, while Mark was growing up, he began using computers and writing programs in middle school.
His father was very instrumental in his computer knowledge having taught him Atari BASIC programming and also hired a software developer to tutor him privately. He built an interactive network called ZuckNet to connect all the computers in the house including the ones in his father’s office.
Mark Zuckerberg Career and Business
Taking us further in our discussion on Mark Zuckerberg Net Worth and Biography is about his career and business. Facebook was not the first project of Mark Zuckerberg as the internet guru wrote various software before Facebook.
Mark’s journey to designing Facebook started when he was still a fresher at Harvard University when he designed a program called CourseMatch which let students choose their classes based on the course selection of other users.
Mark’s idea for Facebook came to reality when he designed an app known as Facemash. The idea of the app was to compare pictures of two students thereby allowing users to vote for the most attractive one. The program went viral within the campus but it was shut down by the school because the programme was believed to be inappropriate and it uses students’ pictures without their permission.
Later on, he was invited by three other students Divya Narendra, Twins Cameron, and Tyler Winkelvoss to design a social app for Harvard known as Harvard Connection. Mark eventually withdrew from the project and began working on his project, Facebook.
Finally, Mark Zuckerberg officially launched Facebook in 2004 and was assisted by his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. The site was operated in their dorm room in Harvard up until June 2004. Zuckerberg eventually dropped out of college and continued the site’s operation in Palo Alto, California.
Since then Facebook has grown to be a worldwide social app with over 2.45 billion active users.
More so, Mar Zuckerberg has expanded his business tentacles by acquiring other social sites such as Whatsapp for $US1 billion in 2012, and Instagram for $US19 billion in 2014.
Mark Zuckerberg’s Relationship
Concerning Mark Zuckerberg Relationship, I believe the internet mogul was busy chasing his dreams than he did girls. As such, it is safe to mention that he had time for a relationship as he is occupied with his programming activities. Nonetheless, doing Zuckerberg’s second year in college at Harvard University, he met Priscilla Chan, who was then a medical student in the same institution.
The duo began living together by September 2010, and on May 19, 2012, they made their relationship legal, as they tied the knot.
Presently, the couple has two children, Maxima Chan Zuckerberg (born December 1, 2015) and August Chan Zuckerberg (born August 28, 2017).
Mark Zuckerberg Cars and Properties
Mark Zuckerberg is one of the richest men in the world which means he has enough cash to buy what he wants. Nonetheless, the American billionaire enjoys living an undercover lifestyle. Howbeit, to display his enthusiasm and love for real estate, he purchased many homes, including an estate in Palo Alto. His present residence is surrounded by properties he bought and they are worth over $30 million.
Not to forget to mention that he also owns a townhouse in the Mission District of San Francisco. Besides, he owns the Kahu’aina Plantation on the island of Kauai and Pila’a Beach among several other real estate and landed properties he owns across the U.S.
Aside from his huge property assets, Mark Zuckerberg also owns a couple of cars even though they are not luxurious types or customized. Zuckerberg’s car collection will shock you even though this billionaire can have for himself the fanciest and fastest cars in the world but he chose to drive modest cars.
The cars which you can find in Zuckerberg’s garage include a black $30,000 Acura TSX; a midsize Infiniti G-Sedan; a Volkswagen Golf GTI, a sporty hatchback vehicle; Pagani Huayra; and Honda Fit. With this, you can deduce that Zuckerberg is not a car enthusiast and loves to maintain a low profile.
Finally, Zuckerberg also owns a private jet, typical of every billionaire.
Legal Issues
Amongst the several legal issues launched against Facebook as it gradually became a popular app not just in the United States of America but globally, the major challenges faced by Zuckerberg is with the creators of Harvard Connection: s Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra who claimed that Zuckerberg stole their idea. They insisted that Zuckerberg has to pay for damages.
The lawsuit was filed in 2004, but it was dismissed in 2007 based on technicalities. In 2008, both parties came to an agreement with Facebook agreeing to transfer over 1.2 million common shares and will also pay $20 million in cash.
- Mark Zuckerberg Height
Talking about Zuckerberg’s height, he is measured to be 1.71m (5 ft 7in) and his weight is 66 kg (145.5 lbs). Zuckerberg has an athletic body.
Mark Zuckerberg’s Philanthropic Activities
Mark Zuckerberg is not just amassing wealth for himself or to live a luxurious life only but also involved and embarked on several philanthropic causes. Mark Zuckerberg and his wife in 2016 began the Chan Zuckerberg Initiative (CZI). They said this is a means to leverage technology and invest in scientific research over the next decade to help “cure, prevent and manage all diseases.
The couple also founded the Chan Zuckerberg Bio-hub, an independent research center based in San Francisco. The center is meant to bring together engineers, computer scientists, biologists, chemists, and others in the scientific community to collaborate and accelerate Science and Education.
Conclusion
That is the much we can discuss Mark Zuckerberg Net Worth and Biography. The founder of the social-networking website Facebook is one of the richest men in the world precisely at the fifth spot in 2021 and he is the youngest among the 20 richest people in the world. We believe that you have been well informed about this American billionaire who is gradually becoming the likes of Bill Gates and Jeff Bezos. We will like to hear from you.