Mark Zuckerberg

Business Magnate

Bio

Facebook founder Mark Zuckerberg has a whopping net worth of $52.2 billion. Mark Zuckerberg was named America’s Richest Entrepreneur Under 40 and is one of the youngest billionaires in the world. Despite Mark Zuckerberg’s success, he is often referred to as the “poorest rich person in the world,” opting to almost always wear jeans and a t-shirt even when conducting business. However, the internet mogul does not necessarily live below his means. Mark Zuckerberg lives in a $7 million home in Palo Alto, CA. He also owns a $100 million, 750 acre estate in Kauai, Hawaii. As CEO of Facebook, Mark Zuckerberg has an official annual salary of $1 and sells company shares periodically. Mark Zuckerberg and his wife, Priscilla, founded the Chan Zuckerberg Initiative. The initiative seeks to promote human advancement through providing funds for nonprofit organizations and investments, as well as actively participate in policy changes. The Zuckerbergs pledged 99% of Facebook shares to the initiative, which will be paid throughout their life at no more than $1 billion a year.

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