Mark Zuckerberg net worth

Mark Zuckerberg net worth

Net Worth: $17 Billion

About Mark Zuckerberg

Mark Zuckerberg net worth

One of the most well known people in the today’s entertainment industry is regarded to be Mark Zuckerberg. In addition, he is considered as one of the wealthiest young people in the industry, since the total amount of Mark Zuckerberg net worth is as high as 17 billion dollars. Also, there have been rumors going on that Mark Zuckerberg’s yearly salary is only 1 dollar. This can be explained by the fact that Mark Zuckerberg, like a few other entrepreneurs, decide to pay themselves very low, so that the profits of the company would increase more. His real wealth comes from somewhere else – when the profits of the company are maximized, increases the overall value of their stock holdings and this is the true source of Mark Zuckerberg net worth.

Mark Zuckerberg is mostly credited as being one of the creators of the social website which today is known all around the world – Facebook. He owns more than 28 percent of the stakes of Facebook. Also, he is the owner of 503.6 million shares of the social website. Thus, it is apparent from where such a huge wealth comes from.

In 2013, it was stated that Facebook price for each share is worth 34.

36 dollars, which all in all calculated makes Mark Zuckerberg net worth reach 17 billion dollars. Also, it has been stated that Mark Zuckerberg has an opportunity to buy an additional 120 million shares of Facebook whenever he wants in the future, which would increase the overall amount of his net worth by 5.5 billion dollars. Thus, in a case of this, the overall amount of Mark Zuckerberg net worth would reach 22.5 billion dollars, which would make him the richest young entrepreneur in the United States. Also, this amount was almost reached at one point, when Mark Zuckerberg’s social website Facebook was trading 42 dollars for each share, and at that time the net worth of Mark Zuckerberg was estimated to reach 21.17 billion dollars.

Also, by some critics it is expected that Facebook will have the market cap of 200 billion dollars at some point in the future, which would increase the net worth of Mark Zuckerberg a lot and would make it as high as 40 billion dollars. His initial practice in the technology industry was when his company built Synapse Media Player, which was a music player which used artificial intelligence in order to learn the listening habits of a user.

Now you have an idea why Mark Zuckerberg net worth is this huge

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