Home » Celebrity » Mark Zuckerberg Net Worth, Total Earnings, Shares, & Losses

Mark Zuckerberg’s Net Worth 2023 Properties & Business Evaluation

Mark Zuckerberg has spent much of the past 10 years ranking among the richest people in the world. Mark is the youngest among the top 100 richest people in the world. He is the youngest among the top 30 by more than a decade. 

It may not be a shock that Mark’s Facebook shares make up most of his fortune. Mark now owns more than 400 million shares on Facebook, which are split up into various classes with different voting rights. He owns around 12 million Class A and 365 million Class B, or nearly 81% of all Facebook shares. 

These Class B super voting shares give Mark authority over 53% of the company’s voting power. Since Mark additionally has authority over Dustin Moskovitz’s Class B voting rights, he holds 58% of the company’s total voting power. He is among the world’s wealthiest people.

Mark Zuckerberg’s Net Worth 2023

Mark Zuckerberg Net Worth

Mark Zuckerberg is a philanthropist and American technology entrepreneur with a $37 billion net worth.

The founder and CEO of Facebook is one of the top ten richest people on the planet, with a net worth that has surpassed $100 billion. Due to subsequent events, the sum is now $64.7 billion, according to Forbes.

Zuckerberg does engage in real estate expenditures, notably in Hawaii, a tropical paradise, while mostly keeping a low profile. He and his wife, Priscilla Chan, also support paediatric medical and academic research.

Eight years after its founding, Facebook surpassed the milestone. It was the biggest technology IPO ever at the time, considerably boosting Mark Zuckerberg’s wealth.

On August 7, 2020, Mark Zuckerberg’s net worth surpassed $100 billion for the first time. When his net worth hit its pinnacle of $137 billion in late 2021, he rose to the third-richest position in the world. By the start of 2022, his net worth was $126 billion. At the time, he had the sixth-highest net worth on the whole planet.

Recent Drop in Mark Zuckerberg’s Net Worth

Sadly, Mark’s fortunes declined over the next few months as Facebook’s stock price dropped 70% from around $340 per share to $100. His net worth dropped by $60 billion from early January to $65 billion as of late April.

At the end of October, his net worth was $37 billion, down $100 billion and $89 billion from the beginning of the year. No other billionaire in the world could compare to the money lost at that time. This financial setback caused Mark to drop from the 3rd richest man in the world to the thirty-first.

Residential or Commercial Properties Owned by Mark

The combined value of Zuckerberg and Chan’s real estate and land assets worldwide is over $200 million. Some of their most notable real estate assets include 1,400 acres in Hawaii, several houses in Palo Alto, and a townhouse in San Francisco.

Mark Zuckerberg paid $7 million for a modest 5,000-square-foot Palo Alto home in 2011, where he currently lives with his family. He also owns the homes surrounding this “small” property, which together make up a safe complex. He first purchased the four houses surrounding Zuckerberg’s mansion in 2012. 

He paid $43 million in total for the surrounding houses. With plans to destroy and rebuild the homes one day, he returned the leases to the original owners. The municipal officials rejected his first idea, so he submitted a new one to rebuild the last two houses as single-story homes.

Share With Friends! Facebook Twitter

Join the Discussion