Mark Zuckerberg Net Worth 2024: From Social Media Pioneer To Billionaire Tech Titan (2024)

If you are an avid fan of Facebook, then you may also have heard that its founder is Mark Zuckerberg and that he is, to date, is considered as one of the richest men in the world today. His empire is worth billions, and his net worth is also a staggering figure.

Net worth

According to Forbes, the net worth of Zuckerberg as of March 2024 is $174.5 billion, and he is ranked as the 4th richest in the world. Zuckerberg, who founded Facebook at Harvard in 2004 at the age of 19 to help students match names with photos of classmates, took the company public in May 2012 and currently owns about 13% of its stock. In a sign of the company's shift towards the metaverse, Facebook changed its name to Meta Platforms in November 2021. Additionally, in December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Meta stake over their lifetimes.

Sources of wealth

The majority of Zuckerberg's wealth comes from his approximately 13% stake in Meta Platforms, formerly Facebook, as disclosed in the company's 2023 proxy statement and regulatory filings up to December 31, 2023. Meta Platforms, known for being the world's largest social network, boasts around 3.7 billion monthly active users, including roughly 3 billion on Facebook, according to a January 2023 company presentation.

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When Facebook became public

In mid-2005, Facebook secured $12.7 million in venture capital and expanded its reach to hundreds of universities and high schools. Just a year later, the social network opened its doors to the general public, prompting Yahoo! to make a $1 billion acquisition offer -- a proposal that Zuckerberg promptly turned down.

In 2012, Facebook made headlines with its initial public offering (IPO), raising $16 billion and setting a record for the most successful Internet IPO in history. The epic day that the company went public was on May 17, 2012. Zuckerberg owns these shares through a series of trusts and holding companies, with plans to donate 99% of his shares over his lifetime, as stated in a December 2015 SEC filing. He began selling shares in August 2016 to fund his philanthropic efforts, but these sales are not included in his wealth calculation, as they are directed towards charitable work. The value of his cash investments is determined by analyzing insider transactions, primarily the sale of Facebook shares, along with taxes, property acquisitions, philanthropic donations, and market performance, as per Bloomberg data and company filings.

During the same period, the company acquired the popular photo-sharing app Instagram. Zuckerberg also tied the knot with Priscilla Chan in a surprise wedding the day after the IPO. Over the years, Meta has continued its expansion through strategic acquisitions, including WhatsApp for $22 billion in cash and shares in 2014, Oculus VR for $2 billion in 2014, and several other companies specializing in artificial intelligence (AI) and identification platforms.

How the social media platform started

On Feb. 4, 2004, Harvard sophom*ore Mark Zuckerberg introduced The Facebook, a social media platform, he developed to connect fellow Harvard students. Within a day, over a thousand users had registered, signaling the start of a remarkable journey. Evolving into Facebook, the platform swiftly grew into one of the most influential social media enterprises ever. Today, Facebook stands as one of the world's most valuable companies, boasting more than 2 billion monthly active users.

Facebook's origins, famously depicted in the 2010 film "The Social Network," remain a topic of debate, with the exact inception of the idea shrouded in mystery. What is clear is Zuckerberg's adeptness at coding and creating buzz, traits that made him a notable figure at Harvard. The prior year, his creation of FaceMash, a website where students rated the attractiveness of their peers, stirred controversy and attention, hinting at the potential of a broader social network.

Early life

Zuckerberg, born on May 14, 1984, in White Plains, New York, demonstrated a passion for computers from an early age. Learning the BASIC programming language at a nearby college, he developed an instant-messaging application at just 12 years old, which his father utilized in his office. Zuckerberg later enrolled at Harvard University but dropped out during his sophom*ore year to focus on developing Facebook, which grew out of two earlier ventures: FaceMash, a website for ranking the attractiveness of other Harvard students, and, an online social networking platform.

In 2004, Cameron and Tyler Winklevoss and Divya Narendra, the credited founders of, sued Zuckerberg for allegedly stealing intellectual property from their website. The legal dispute concluded in 2008 with a multi-million dollar settlement of cash and stock options. Despite attempts by the Winklevoss twins to reopen the lawsuit in 2011, their efforts were denied by the court.

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Mark Zuckerberg Net Worth 2024: From Social Media Pioneer To Billionaire Tech Titan (2024)


What is the net worth of Mark Zuckerberg in billions? ›

Key Facts. Meta shares sank more than 13% to 426.47 as of 11:18 a.m. ET on Thursday, with Zuckerberg's net worth standing at $151 billion at around 11:15 a.m.

Is Mark Zuckerberg richer than Elon Musk? ›

Elon Musk is once again richer than Mark Zuckerberg thanks to an $18 billion Meta hit.

Is Mark Zuckerberg the third richest man? ›

Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows.

At what age was Mark Zuckerberg a billionaire? ›

Zuckerberg took the company public in May 2012 with majority shares. In 2008, at age 23, he became the world's youngest self-made billionaire. He has since used his funds to organize multiple philanthropic endeavors, including the establishment of the Chan Zuckerberg Initiative.

Who is the richest person in the world in 2024? ›

1. Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

Who has the most money in the world? ›

Bernard Arnault & Family

Bernard Arnault, the richest person in the world, is the CEO and chairman at Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company encompassing approximately 70 renowned fashion and cosmetics brands.

How many billionaires are there? ›

There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They're richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021.

What is the net worth of the top 1? ›

In the U.S., it may take you $5.81 million to be in the top 1%, but it takes a minimum net worth of $30 million to be considered among the ultra-high net worth crowd. As of the end of 2023, this ultra-high net worth population is on the rise, reaching 626,000 globally, up from just over 600,000 a year earlier.

Who is the 3nd youngest billionaire? ›

Top ten youngest billionaires in the world
Rank & NameAgeNet Worth (in USD Billions)
#1 Clemente Del Vecchio194.1
#2 Kim Jung-youn201.7
#3 Kevin David Lehmann212.5
#4 Kim Jung-min221.7
6 more rows
Jan 30, 2024

Who are the 3 richest persons? ›

No.NamePrimary source(s) of wealth
1Bernard Arnault & familyLVMH
2Elon MuskTesla, SpaceX, Twitter (Currently X)
3Jeff BezosAmazon
4Mark ZuckerbergMeta Platforms
6 more rows

Who is the richest man in Mexico? ›

The total wealth of Mexico's 14 ultra-rich individuals has almost doubled since the start of the [Covid-19] pandemic. In particular, that of Carlos Slim, the richest man on the continent, who has almost as much wealth as around 63.8 million Mexicans."

What is Mark Zuckerberg's IQ? ›

Einstein IQ: 160+, Bill Gates IQ: 150+, Elon Musk IQ: 155, Zuckerberg IQ: 152, Sunny Doel's IQ: over 160.

Who is the old youngest billionaire? ›

Clemente Del Vecchio

Clemente was at one time the world's youngest billionaire (at the age of 18), but he has since aged out of that title, which is now held by Livia Voigt.

Who is the youngest billionaire? ›

Meet World's Youngest Billionaire: Livia Voigt

With a net worth of $1.1 billion, Livia's trajectory into the world of business is undoubtedly noteworthy.

Who is the richest character in billions? ›

1 Grigor Andolov - $10-20 Billion

Said to be worth somewhere between $10-20 billion dollars, Andolov wields his tremendous wealth to influence geopolitical players. Due to his immense wealth, Axe tries to recruit Andalov to raise capital for his hedge fund.

Who is the 6 richest person in the world? ›

No.NameNet worth (USD)
6Warren Buffett$133 billion
7Bill Gates$128 billion
8Steve Ballmer$121 billion
9Mukesh Ambani$116 billion
6 more rows

How many billionaires came from Facebook? ›

Facebook made a lot of people millionaires but it made 10 people billionaires. The stock opened today at $38 per share. Using that price, Bloomberg calculated the net worth of Facebook's richest employees and investors. They're now worth ten or eleven figures.

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