- Mark Zuckerberg has a net worth just shy of $70 billion, making him the sixth-richest person in the world.
- Zuckerberg drives a cheap car and wears basic clothes, but appears to splurge on real estate.
- Zuckerberg and his wife Priscilla Chan are generous philanthropists, investing billions in childhood education and medical research.
Mark Zuckerberg, the 33-year-old founder and CEO of Facebook, has a net worth just shy of $70 billion, according to Forbes.
His fortune is down about $5 billion after news broke over the weekend that Cambridge Analytica, a controversial political research company with links to Donald Trump, had accessed 50 million Facebook user profiles illegitimately, reported Business Insider’s Shona Ghosh.
Facebook suspended Cambridge Analytica from its platform but is under huge political pressure to explain how it can stop third parties from abusing its massive data trove, Ghosh wrote. Facebook’s stock fell nearly 7% on Monday morning, affecting the nearly 400 million Facebook shares Zuckerberg holds, according to MONEY.
Now Zuckerberg is the sixth-richest person in the world, but it seems he doesn’t have a taste for opulence, especially when it comes to cars, clothes, and travel.
As a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative, which he started with his wife and college sweetheart, Priscilla Chan, the Harvard dropout has dedicated much of his fortune to charitable causes.
Keep reading to find out exactly how Zuckerberg and Chan spend their billions.
In May 2012, eight years after its founding, Facebook debuted on the New York Stock Exchange. At the time, it was the biggest technology IPO in history.
Each year since the IPO, Zuckerberg has added an average of $9 billion to his net worth.
Despite his status as one of the richest tech moguls, the Harvard dropout leads a low-key lifestyle with his wife, Priscilla Chan, and their two young daughters.