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Mark Zuckerberg Net Worth 2024: Real Time Updates

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Mark Zuckerberg Net Worth

What is Mark Zuckerberg net worth 2024?

Mark Zuckerberg net worth 2024 is $171 billion. Mark Elliot Zuckerberg was born on May 14, 1984.  He is an American internet entrepreneur and philanthropist.

He is known for co-founding the social media website Facebook and its parent company Meta Platforms (formerly Facebook, Inc.), of which he is the chairman, chief executive officer, and controlling shareholder.

Mark Zuckerberg Net Worth Profile

Net worth$171 billion
Date of birthMay 14, 1984
OccupationCo-founder of Meta
NationalityAmerican

As of 2024, Mark Zuckerberg net worth is valued at $171 billion.

Mark Zuckerberg is the Co-founder of Facebook inc. He is the Chairman, Chief Executive Offer, and controlling shareholder.

Zuckerberg was born on May 14, 1984, in White Plains, New York.  His parents are Karen (née Kempner), a psychiatrist, and Edward Zuckerberg, a dentist.

Zuckerberg was raised in a Reform Jewish household, and his ancestors hailed from Germany, Austria and Poland.

At Ardsley High School, Zuckerberg excelled in classes. After two years, he transferred to the private school Phillips Exeter Academy, where he won prizes in mathematics, astronomy, physics, and classical studies. In his youth, he also attended the Johns Hopkins Center for Talented Youth summer camp.

On his college application, Mark Zuckerberg stated that he could read and write French, Hebrew, Latin, and ancient Greek. He was captain of the fencing team

Software developer

Mark Zuckerberg began using computers and writing software in middle school. His father taught him Atari BASIC Programming in the 1990s, and later hired software developer David Newman to tutor him privately. Zuckerberg took a graduate course in the subject at Mercy College near his home while still in high school.

In one program, since his father’s dental practice was operated from their home, he built a software program he called “ZuckNet” that allowed all the computers between the house and dental office to communicate with each other. It is considered a “primitive” version of AOL’s Instant Messenger, which came out the following year.

According to writer Jose Antonio Vargas, “some kids played computer games. Mark created them.” Zuckerberg himself recalls this period: “I had a bunch of friends who were artists. They’d come over, draw stuff, and I’d build a game out of it.” Vargas notes that Mark Zuckerberg was not, however, a typical “geek-klutz”, as he later became captain of his prep school fencing team and earned a classics diploma.

Napster co-founder Sean Parker, a close friend, notes that Zuckerberg was “really into Greek odysseys and all that stuff”, recalling how he once quoted lines from the Roman epic poem Aeneid, by Virgil, during a Facebook product conference

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During Zuckerberg’s high school years, he worked under the company name Intelligent Media Group to build a music player called the Synapse Media Player. The device used machine learning to learn the user’s listening habits, which was posted to Slashdot and received a rating of 3 out of 5 from PC Magazine

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Founding  Facebook

On February 4, 2004, Zuckerberg launched Facebook from his Harvard dormitory room. An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002.

It published its own student directory, “The Photo Address Book”, which students referred to as “The Facebook”. Such photo directories were an important part of the student social experience at many private schools. With them, students were able to list attributes such as their class years, their friends, and their telephone numbers.

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Once at college, Zuckerberg’s Facebook started off as just a “Harvard thing” until Zuckerberg decided to spread it to other schools, enlisting the help of roommate Dustin Moskovitz. They began with Columbia University, New York University, Stanford, Dartmouth, Cornell, University of Pennsylvania, Brown, and Yale.

Samyr Laine, a triple jumper representing Haiti at the 2012 Summer Olympics, shared a room with Zuckerberg during Facebook’s founding. “Mark was clearly on to great things,” said Laine, who was Facebook’s fourteenth user.

Zuckerberg, Moskovitz and some friends moved to Palo Alto, California in Silicon Valley where they leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel, who invested in the company.

Mark Zuckerberg net worth 2024

They got their first office in mid-2004. According to Zuckerberg, the group planned to return to Harvard, but eventually decided to remain in California.

They had already turned down offers by major corporations to buy the company. In an interview in 2007, Zuckerberg explained his reasoning: “It’s not because of the amount of money. For me and my colleagues, the most important thing is that we create an open information flow for people. Having media corporations owned by conglomerates is just not an attractive idea to me.”

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He restated these goals to Wired magazine in 2010: “The thing I really care about is the mission, making the world open.” Earlier, in April 2009, Zuckerberg sought the advice of former Netscape CFO Peter Currie about financing strategies for Facebook.

On July 21, 2010, Zuckerberg reported that the company reached the 500 million-user mark. When asked whether Facebook could earn more income from advertising as a result of its phenomenal growth, he explained

Zuckerberg founded the Start-up: Education foundation. On September 22, 2010, it was reported that he had donated $100 million to Newark Public Schools, the public school system of Newark, New Jersey.

 Critics noted the timing of the donation as being close to the release of The Social Network, which painted a somewhat negative portrait of Zuckerberg.

Zuckerberg responded to the criticism, saying, “The thing that I was most sensitive about with the movie timing was, I didn’t want the press about The Social Network movie to get conflated with the Newark project. I was thinking about doing this anonymously just so that the two things could be kept separate.” Newark Mayor Cory Booker stated that he and New Jersey Governor Chris Christie had to convince Zuckerberg’s team not to make the donation anonymously.

The money was largely wasted, according to journalist Dale Russakoff.

In 2010, Zuckerberg, Bill Gates, and investor Warren Buffett signed “The Giving Pledge”, in which they said they would donate to charity at least half of their wealth over the course of time, and invited others among the wealthy to donate 50 percent or more of their wealth to charity.

In December 2012, Zuckerberg and his wife Priscilla Chan said that over the course of their lives they would give the majority of their wealth to “advancing human potential and promoting equality” in the spirit of The Giving Pledge.

Mark Zuckerberg net worth  2024

Zuckerberg is one of the richest people in the world, and he’s also the youngest to appear on the top 20 richest list.

Mark Zuckerberg net worth 2024 is estimated to be $171 billion. Not bad for a 36-year-old guy, right?

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Source: Glusea

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