Facebook CEO Mark Zuckerberg’s Net Worth

As of May 2020, Mark Zuckerberg’s net worth is estimated to be $75 billion.1 He is the co-founder and chief executive officer (CEO) of Facebook, Inc. and its subsidiaries.2 In addition, he co-founded the charitable organization called The Giving Pledge,3 and his wealth comes from his stakes in Facebook and several other companies.4

Zuckerberg was born on May 14, 1984, in White Plains, New York,5 and he grew up in Dobbs Ferry, New York.6 He showed an early interest in computers and programming.7 He attended Harvard University, where he studied computer science and psychology.8 While at Harvard, he developed a program called “Facemash” that allowed users to rate the attractiveness of their fellow students.9 The program was shut down by the university after it was deemed inappropriate.10

background

As of May 2020, Mark Zuckerberg’s net worth is estimated to be $75 billion.1 That makes him the fifth-richest person in the world, according to Forbes. And it’s a remarkable increase from previous years. In fact, his net worth has more than doubled since 2016, when it was $40 billion.2

The primary source of Zuckerberg’s wealth is Facebook, which he co-founded in 2004. He currently owns about 29% of the social media company.3 Other sources of his income include investments in startups like SpaceX and Breakthrough Energy Ventures.4,5

Here’s a look at how Zuckerberg ‘s net worth has changed over the years.

Year Net Worth (in billions)

2020 $75

2019 $62.3

2018 $56 billion

2017 $51 billion

2016 $40 billion”

2015 $33.4 billion

2014 “$28.5 billion

2013 $19 billion

2012 $9.4 billion”

2011 $6.9 billion

2010 $4.9 billion”

2009 Not available

2008 $1.15 billion

2007 Not available

2006 $520 million

2005 $395 million”

2004 $180 million”

2003 Not available

2002 Not available

2001 Not available

It’s clear that Zuckerberg’s net worth has seen explosive growth since Facebook was founded in 2004. But it’s also worth noting that his wealth took a hit in 2018 when the company was embroiled in a data privacy scandal.6 Nevertheless, Zuckerberg has still managed to increase his net worth by $19 billion over the last two years.

1.”Mark Zuckerberg Profile”. Forbes. 2020. Retrieved on May 27, 2020.

2. Ibid.

3.”Mark Zuckerberg”. Bloomberg Billionaires Index. 2020. Retrieved on May 27, 2020.

4.”Here’s Everyone Who Has Invested in Elon Musk’s SpaceX”. Inc. 2019. Retrieved on May 27, 2020.

5.”Breakthrough Energy Ventures Announces $1 Billion Fund to Invest in Zero-Emission Energy Technologies”. Breakthrough Energy Ventures. 2017. Retrieved on May 27, 2020.

6.”Facebook Suspends Cambridge Analytica, a Trump-Linked Firm, for Data Misuse”. The New York Times. 2018. Retrieved on May 27, 2020.

7.”Mark Zuckerberg”. Bloomberg Billionaires Index. 2020. Retrieved on May 27, 2020.

8.”Facebook Suspends Cambridge Analytica, a Trump-Linked Firm, for Data Misuse”. The New York Times. 2018. Retrieved on May 27, 2020.

9.”Mark Zuckerberg”. Bloomberg Billionaires Index. 2020. Retrieved on May 27, 2020.

10. Ibid.

11. Ibid.

12.”Mark Zuckerberg”. Forbes. 2020. Retrieved on May 27, 2020.

13.”Facebook Suspends Cambridge Analytica, a Trump-Linked Firm, for Data Misuse”. The New York Times. 2018. Retrieved on May 27, 2020.

14.”Mark Zuckerberg”. Bloomberg Billionaires Index. 2020. Retrieved on May 27, 2020.

15.”Breakthrough Energy Ventures Announces $1 Billion Fund to Invest in Zero-Emission Energy Technologies”. Breakthrough Energy Ventures. 2017. Retrieved on May 27, 2020.

16.”Here’s Everyone Who Has Invested in Elon Musk’s SpaceX”. Inc. 2019. Retrieved on May 27, 2020.

17.”Mark Zuckerberg”. Forbes. 2020. Retrieved on May 27, 2020.

Zuckerberg’s net worth will likely continue to rise in the coming years as Facebook continues to grow. The company is currently facing some challenges, including the ongoing coronavirus pandemic and scrutiny from lawmakers over its power and influence. But Zuckerberg has proven to be a resilient leader, and it’s likely that he’ll find ways to navigate these challenges and continue to grow Facebook—and his net worth.