Mark Zuckerberg Net Worth 2023: Wealth & Meta Platforms CEO

Mark Zuckerberg
Chief Executive Officer of Facebook
Name | Mark Zuckerberg |
Net Worth | $125 Billion |
Profession | Chief Executive Officer Of Facebook |
Salary | $27.11 Million |
Yearly Income | $12 Billion + |
Monthly Income | $1 Billion + |
Annual Expenses | $1 Billion |
Last Updated | 2023 |
Content in this Article
Mark Zuckerberg is a famous American tech entrepreneur and philanthropist. He's worth $125 billion, making him one of the wealthiest individuals in the world for the past decade. Among the top 100 wealthiest people worldwide, Mark is the most immature. It's not shocking that most of Mark's worth comes from his ownership of Facebook shares.
Zuckerberg visited Harvard University. He began Facebook there with his buddies in 2004. At first, it was only for some universities, but then it grew a lot and reached 1 billion users in 2012. In May 2012, he made the business public and became very wealthy. When he was 23 years old, he became the youngest billionaire ever. He has used his money for good things, such as helping others through the Chan Zuckerberg Initiative.
Mark owns about 400 million stakes in Facebook. He has almost 12 million Class A shares and 365 million Class B shares, which make up about 81% of all the B shares. Through his Class B super-voting shares, Mark has 53% voting rights in the business. Besides, he holds co-founder Dustin Moskovitz's voting rights, providing him with around 58% of the total voting power in the business.
The total net worth of Mark Zuckerberg is estimated to be around 125 Billion USD. Also, the major form of his earnings come from Facebook Subsidiaries i.e. WhatsApp, Instagram, and Facebook Messenger. Mark Zuckerberg and Priscilla Chan have emerged as major philanthropists in recent years. The couple founded the organization named Chan Zuckerberg Initiative (CZI) which focuses on issues like Education, Health and Life Sciences, Technology and Data, Immigration and Reform, and various other reforms.
Here, we will discuss one of the richest people alive on the planet, Mr. Mark Zuckerberg’s company, various organizations, social work, and also wealth, and also about his net worth. He is the Co-founder, Chairman, and Chief Executive Officer (CEO) of the largest social media platform “Facebook”. It was founded on 4 February 2003 along with his colleagues. The revenue of Facebook as of 2019, was estimated to be 70.7 billion US dollars.
Accel Partners offered Facebook $12.7 million in 2005 because they believed its cost was around $87.5 million. The next year, someone offered to get Facebook for $1 billion, but the CEO, Mark Zuckerberg, denied the offer.
More individuals invested in Facebook, such as Microsoft and Goldman Sachs. Facebook became a public business on the New York Stock Exchange in May 2012. It made them raise $16 billion, which was a big amount and made Mark Zuckerberg really wealthy. He became one of the top 30 wealthiest individuals globally at that time.
Afterward, in 2012, Facebook purchased Instagram for $1 billion, WhatsApp for $19 billion in 2014, and Oculus for $2 billion. In July, Zuckerberg introduced Threads as a competitor to Elon Musk's Twitter (now called X).
Zuckerberg's money goes up and down with Meta's stock. Zuckerberg held 15.8% of Meta's Class A shares and 99.8% of its Class B shares. He had 61.1% of the business's voting shares.
Mark has a 5,000-square-foot residence located in Palo Alto. He also purchased the homes around it to create a personal area. He paid $43 million on these properties. He plans to remodel 2 homes and build new single-story houses for the other two.
In 2013, he got a big place for $10 million in San Francisco. The home was made a long time ago and has a big lawn. He spent a huge sum on fixing it up, including $65,000 for the kitchen and bathroom.
Mark Zuckerberg bought 2 big areas of land in 2014 for $100 million in Hawaii. In 2017, he purchased another nearby land that was nearly 90 acres for around $45 million. In January 2022, he purchased even more land - this time about the size of a football field - and now holds 1,400 acres in Hawaii.
Zuckerberg paid $59 million for 2 homes next to each other by Lake Tahoe in 2018. He now holds 600 feet of personal land by the lake.
Mark Zuckerberg lives in a mansion that was built in the year 1903, he bought it for 7 million USD. It was Mark Zuckerberg’s first property spread over an area of 5617 sq feet. The 2 storied home features:
Cars - Mark also has a huge collection of cars. Some of which are Acura TSX, Honda Fit, Pagani Huayra, and VW Golf GTI.
Average salary - Mr. Mark Zuckerberg's average earnings through the years are as follows:
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Mark Zuckerberg Net Worth
Name | Mark Zuckerberg |
Net Worth (2023) | $125 Billion |
Net Worth In Indian Rupees | 10 Lakh Crore |
Profession | Businessmen |
Monthly Income | $1 Billion + |
Yearly Income | $12 Billion + |
Last Updated | 2023 |
Mark Zuckerberg's Path to Billionaire Status
Zuckerberg was a computer nerd when he was young. In 2004, he created "Facebook" with friends at Harvard University to connect students. Peter Thiel offered him $500,000 that year, and by the end of it, Facebook had nearly 1 million users. Zuckerberg quit Harvard in 2005 to work on it full-time.Advertisement
Mr. Mark Zuckerberg’s assets:
House Properties
Zuckerberg and Chan hold almost $200 million of land and buildings globally. They have many lands situated in Hawaii, some places in Palo Alto, and a townhouse in San Francisco.- 5 bedrooms,
- 5 bathrooms,
- a large kitchen,
- French doors,
- a music alcove,
- coffered ceilings,
- a saltwater pool,
- spacious , deep porches, and
- Sash windows.
Dependency of Mr. Mark Zuckerberg’s Net Worth
The richest man doesn’t have any dependency to rely upon, still, Mr. Mark Zuckerberg has personal investments, his vision of a transparent world is increasing in very rapidly phase, as also the stock price of Facebook is touching the rocket sky. Considering his current performance and annual growth of the company, as well as an individual, we can be very positive about his net worth which will be growing through the years.Mark Zuckerberg's Balance Sheet, Income Statement
Assets | $35 Billion + |
Luxury Cars | 4 + |
Luxury Watches | 10 + |
Stock Portfolio | $1 Billion + |
Luxury Yachts | 2 + |
Loans & Liabilities | $2 Billion + |
Investment | $1 Billion + |
Salary | $27.11 Million |
Monthly Income | $1 Billion + |
Annual Income | $12 Billion + |
Annual Expense | $1 Billion |
Taxes Paid | $1 Billion + |
Business Income | $55 Billion |
Mark Zuckerberg's Net Worth Growth
Year | Net Worth (Million) |
---|---|
Mark Zuckerberg Net Worth in 2023 | $125 Billion |
Mark Zuckerberg Net Worth in 2022 | $112 Billion |
Mark Zuckerberg Net Worth in 2021 | $100 Billion |
Mark Zuckerberg Net Worth in 2020 | $95 Billion |
Mark Zuckerberg Net Worth in 2019 | $90 Billion |
Mark Zuckerberg Net Worth in 2018 | $85 Billion |
Top Questions
Mark Zuckerberg's total net worth is around $125 Billion USD.
Mark Zuckerberg earns an estimated salary of $12 Billion Per Year.
Mark Zuckerberg sold his San Francisco home for $31 million.