Mark Zuckerberg

Mark Zuckerberg, the co-founder of Facebook and chairman of Meta Platforms, has traversed a remarkable path in the technology industry, marked by unprecedented success, philanthropy, and enduring controversies.

Zuckerberg’s journey began in his Harvard dorm room in 2004, where he and his roommates launched Facebook, a social media platform that rapidly expanded from college campuses to a global phenomenon, reaching one billion users by 2012. His entrepreneurial prowess catapulted him to become the world’s youngest self-made billionaire at the age of 23.

Beyond his entrepreneurial endeavors, Zuckerberg has demonstrated a commitment to philanthropy through initiatives like the Chan Zuckerberg Initiative, utilizing his wealth to address pressing societal challenges.

However, Zuckerberg’s ascent has not been without its share of challenges. Legal battles surrounding the creation and ownership of Facebook, as well as controversies over user privacy, have frequently drawn scrutiny. High-profile lawsuits, including those from former partners and privacy advocates, have punctuated his career.

Moreover, Zuckerberg’s foray into the political arena, particularly concerning issues like immigration and internet regulation, has further amplified his public profile. Testifying before Congress on multiple occasions, Zuckerberg has been grilled on Facebook’s handling of personal data and its role in shaping public discourse.

Despite these controversies, Zuckerberg remains a central figure in the technology landscape, continually pushing boundaries with initiatives like Internet.org to expand global internet access and Breakthrough Starshot to explore space exploration.

As Zuckerberg continues to navigate the intersection of technology, business, and society, his legacy will undoubtedly be shaped by both his innovative contributions and the controversies that have accompanied them.

 

 

Mark Zuckerberg

$182B

Random fact:
Married Priscilla Chan a day after Facebook started trading.

Overview

Zuckerberg is co-founder and chief executive of Meta Platforms, the company behind Facebook — the world’s largest social-network. The Menlo Park, California-based business had revenue of $134.9 billion in 2023 and has about 4 billion monthly users. Its initial public offering in 2012 was the biggest-ever technology IPO at the time.

As of April 13, 2024, 10:02 PM EDT
:
Last change

-$3.86B (
-3.0%)

YTD change

+$53.5B (
+41.8%)

Biggest asset

META US Equity
Country / Region

United States
Age

39
Industry

Technology

View net worth over:  
Max
1 year
1 quarter
1 month
1 week

Net Worth Summary

Cash

Private asset

Public asset

Misc. liabilities
👆 Mouse over or tap for more info

Confidence rating:

The majority of Zuckerberg’s fortune is derived from a stake of about 13% in Meta Platforms, formerly Facebook, based on a March 2024 filing.

Facebook is the world’s largest social network. Meta Platforms has about 4 billion active users each month including about 3 billion on Facebook, according to a February 2024 company presentation. The company sold shares in an initial public offering on May 17, 2012 in what was the biggest technology IPO in history at the time.

The billionaire owns the shares through a series of trusts and holding companies, according to the proxy. He plans to give away 99% of his shares over his lifetime, according to a December 2015 SEC filing. Zuckerberg started selling shares in August 2016 to fund his philanthropy and in Bloomberg’s calculation he isn’t credited with the value of any sales proceeds that fund charitable work. He’s still credited with those shares he plans to give away because he still owns them.

The value of his cash investments is based on an analysis of insider transactions — mostly the sale of Facebook shares valued by an analysis of Bloomberg data and company filings — as well as taxes, property purchases, philanthropic giving and market performance.

Leave a Reply

Your email address will not be published. Required fields are marked *