Mark Zuckerberg
Net Worth

Mark Zuckerberg Net Worth $19.8 Billion

Mark Zuckerberg is a computer programmer and an internet entrepreneur from USA that is best known as one of the five co-founders of Facebook, the world’s most famous social networking site. Zuckerberg is also the chairman and CEO of his own company, and his personal wealth was estimated to be $19.8 Billion US dollars (September 2013). 

mark zuckerberg net worth

Nonetheless, his salary is only $1 US dollar this year. He has adopted the practice of many executives who choose to pay themselves extremely low salaries in order to increase the company's profits and the overall value of their stock holdings. Interestingly, he’s not the only Internet Mogul to have done this; Sergey Brin, Eric Schmidt and Larry Page each earn only $1 per year in salary (and even Steve Jobs adopted the trend!). And, even though he only earns a $1 per year salary, his net worth is $19.8 billion because his wealth comes from his 28.1% equity stake in the company. Facebook, IPO'd (or went “public”) on May 18th, 2012.  Zuckerberg could boost his net worth to $5.5 billion, since he has the right to purchase an additional 120 million shares of the company in the future. But, right now, he’s the #20 in the list of the richest people in the US, the #24 most powerful person in the US and the #66 billionaire (all this, according to Forbes Magazine).  

mark zuckerberg

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)