Mark Zuckerberg net
worth and assets. Mark Zuckerberg is an
American technology entrepreneur and philanthropist who has a net worth of $118
billion. Mark Zuckerberg has spent much of the last decade as one
of the richest people in the world.
Out of the top 100 richest people in the world, Mark is the youngest. Out of
the top 30, he's the youngest by more than a decade. Perhaps not surprisingly,
The vast majority of Mark's fortune is attributable to his shares in Facebook.
Mark currently owns around 400 million total shares of Facebook, broken up into
various classes that have different voting privileges. He owns around 12
million Class A shares of Facebook and 365 million of Class B shares, roughly
81% of all the B shares. Through those Class B super voting shares, Mark has
53% voting rights over the company. Technically Mark also controls
co-founder Dustin Moskovitz's Class
B voting rights, so Mark has around 58% of the company's total voting power.
Net Wealth Milestones
Mark Zuckerberg's net
worth topped $100 billion for the first time on August 7, 2020. In late 2021
his net worth peaked at $137 billion, which made him the third-richest person
on the planet.
On January 1, 2022 his
net worth was $126 billion. At that level he was the fifth richest person in
the world. Unfortunately, over the next several months Mark's fortunes
tumbled as Facebook's stock price dropped 70% from around $340 a share to $100.
In late April his net
worth stood at $65 billion, down $60 billion from early January. By late
October his net worth stood at $37 billion, a $100 billion drop from a year
earlier and an $89 billion from January 1. No other billionaire in the world
had lost that much money in the same time period.
Mark Zuckerberg's assets
Apart from his massive holdings in Facebook,
Mark Zuckerberg and his wife, Priscilla Chan, own approximately $200 million
worth of real estate and land worldwide. Notable properties include a private
compound in Palo Alto, several homes, extensive land holdings in Hawaii, a
townhouse in San Francisco, and private waterfront estates on Lake Tahoe.
Facebock Earnings of Mark Zuckerberg
Zuckerberg started
Facebook in 2004 when he was a student at Harvard with classmates Dustin
Moskovitz, Chris Hughes, Eduardo Saverin, and Andrew McCollum. When the
platform expanded to other universities, he dropped out of college and moved to
Silicon Valley. In 2008, Zuckerberg became the youngest self-made billionaire.
He took Facebook public in May 2012 and as of February 2021, he owns almost 13%
of the shares, equivalent to approximately $94 billion, which constitute most
of his fortune. The last published data regarding Zuckerberg’s compensation
informs that he received $23,415,973 during 2019 due to his work at Facebook
and that he had won $22,554,543 the previous year.
