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Mark Zuckerberg

Cofounder, Meta Platforms

$173.1B

Mark Zuckerberg is the co-founder and chief executive of Meta Platforms, the parent company of Facebook, the largest social network in the world. Headquartered in Menlo Park, California, Meta Platforms reported a revenue of $134.9 billion in 2023, boasting approximately 4 billion monthly users. The company made history with its initial public offering (IPO) in 2012, which at the time was the largest-ever technology IPO.

At the age of 19, Zuckerberg launched Facebook in 2004 as a platform for students to connect by matching names with photos of classmates.

Zuckerberg led Facebook's transition to becoming Meta in 2021, marking a shift towards focusing on the metaverse.

As of March 2024, Zuckerberg holds around 13% of Meta's stock, deriving the majority of his fortune from this stake.

Zuckerberg, along with his wife Priscilla Chan, pledged in 2015 to donate 99% of their Meta stake over their lifetimes.

In 2019, Zuckerberg made headlines with his $59 million purchase of waterfront property on Lake Tahoe in California.

Zuckerberg's wealth is primarily tied to his ownership of approximately 13% of Meta Platforms, formerly known as Facebook, according to a filing from March 2024. Meta Platforms boasts around 4 billion active users per month, with Facebook alone accounting for about 3 billion users, as per a company presentation in February 2024. Despite his plans to donate the majority of his shares, Zuckerberg still holds them through various trusts and holding companies, as disclosed in a proxy statement. The valuation of his cash investments considers insider transactions, property acquisitions, philanthropic activities, and market performance, alongside the sale of Facebook shares used for charitable purposes, which Bloomberg's calculation does not include in his credited shares.