It’s just recent times when finally self-made young billionaires have started making it to the Forbes’ list. As prior to the internet revolution, billionaires were normally the individuals whose net worth had nine zeros and whose hair color was white or gray. However talking about Mark Zuckerberg, neither his hair color is white or gray nor his net worth has just 9 zeros. As the young business tycoon is now worth $ 70,000,000,000 ($ 70 B).
The young entrepreneur started his company from college dorm room and turned it into a billion-dollar enterprise. The journey was not easy but it was quite interesting. As it’s rare to see a software programmer build the next billion-dollar company, after all, brilliant programming skills plus good business sense is not so common. Now a simple question that may linger is that how did it all happen?
Mark Zuckerberg Biography
Son of Edward Zuckerberg and Karen, Mark was born on May 14, 1984, in White Plains, New York. It was clear from an early start that he was a child prodigy who had a deep interest in computers and programming languages. So his father hired a private tutor to help young Mark to understand programming better. While studying at Phillips Exeter Academy, he continued working on his developing skills. Then later he got enrolled in Harvard, where he studied psychology and computer science.
After the debacle of “Facemash”, which almost led to his suspension, Zuckerberg came up with the idea of Facebook. However within a few day after the launch, on February 4, 2004, he was accused of stealing the idea by Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra. A lawsuit was later filed against Zuckerberg, which resulted in a settlement between the two parties.
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In mid-2004, Facebook opened its first office, also adding Peter Thiel as their early investor. On Friday, May 18, 2012, the company held its initial public offering (IPO). As of now, with numerous ups and downs, the stock is priced at $ 171, making the market cap of 497.31B.
Mark Zuckerberg began dating Priscilla Chan in 2003 after he met her at Harvard. Since then the couple has been together. They married on May 19, 2012, while their first daughter, Maxima Chan-Zuckerberg was born on 30 November 2015. The couple welcomed their second daughter in August 2017.
Mark Zuckerberg Net Worth
|Year||Mark Zuckerberg Net Worth|
|2017||$ 70 billion|
|2016||$ 51 billion|
|2015||$ 40 billion|
His net worth may be in billions however Mark Zuckerberg is one of those few CEOs who get an annual compensation of $ 1 dollar from their company. As reported by CNBC, the business tycoon has made over $4 million for every day of his life.
The couple has planned to donate 99% of their fortune, towards various charitable causes.