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Mark Zuckerberg Net Worth and salary provided here. Mark Zuckerberg Net Worth is an American technology entrepreneur and philanthropist. He has a net worth of $114 billion! he is the youngest richest person in the top 100 richest peoples.
The majority of his net worth attributable to his shares on Facebook. Mark Zuckerberg currently owns 400 million USD shares in Facebook. Facebook shares are broken into classes, Mark owns $12 million in Class A and 365 million in Class B.
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Roughly, 81% of Class B shares are owned by Mark Zuckerberg. In those Class B voting shares, he has 53% voting rights over the company. Also, Mark controls co-founder of FB Dustin Moskovitz’z Class B voting rights. So, Mark Zuckerberg has about 58& voting rights over the company.
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Mark Zuckerberg Net Worth
As of this writing, Mark Zuckerberg Net Worth is $114 Billion. Check out a short detail of the Net Worth of Mark Zuckerberg.
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| Mark Zuckerberg Net Worth | $114 Billion |
| Mark Zuckerberg Salary | $1 (Per Year) |
| Height | 5 feet 8 inches |
| Birth Date | May 14, 1984 |
| Profession | Programmer, Businessperson, and Entrepreneur |
| Nationality | United States of America |
Mark Zuckerberg Net Worth: Key Facts
On the 4th of February 2004, Mark Zuckerberg founded thefacebook.com from his Harvard dorm room. Dropped out of Harvard.
In July 2006, when he was 22 years old, turned down a $1 billion cash buyout proposal from Yahoo. In May 2012, on Facebook’s IPO day, Mark Zuckerberg’s Net Worth topped $15 billion.
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Mark Zuckerberg also owns roughly 400 million shares in Facebook and controls 58% of voting rights. He paid $145 million for 840 acres on the Hawaiian island of Kauai.
Mark owns roughly $200 million in real estate in the United States. In Palo Alto, he paid $43 million to acquire the four homes surroundings. Mark Zuckerberg Net Worth topped $100 billion for the first time on August 7, 2020.
Mark Zuckerberg Salary
Mark Zuckerberg Salary is only One Dollar Per Year! That’s not a typo because executives like Mark Zuckerberg choose to pay themselves as low a salary as possible. Because it increases the company’s overall profit.
When the company earns maximum profits, the overall stock value of the company increases. This is where the executive’s wealth comes from. Executives such as Larry Page, Eric Schmidt, and Sergey Brin each take $1 per year as their salary.
Mark Zuckerberg’s Net Worth Details
On the 18th of May 2012, on FB IPO day, a share of Facebook was $38 dollar. Mark Zuckerberg roughly owns around $400 million shares. So, the IPO ended with a paper net worth of $15 billion for Mark!
Mark Zuckerberg has vowed to give away 99% of his wealth during his lifetime. In September 2017, mark announced to continually sell off parts of his shares to fund his foundation, the Chan-Zuckerberg Initiative (CZI).
In 2018, he earned about $5.3 billion selling his shares of FB. In 2019, Mark sold $1.86 billion worth of Facebook shares.
Conclusion
In this article, we described the Net Worth details of Mark Zuckerberg. We included the updated Mark Zuckerberg Net Worth and Mark Zuckerberg Salary. Read this post till the end to learn everything important facts about him! Also, learn about – Jeff Bezos Net Worth.
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