Mark Zuckerberg Net Worth

Mark Zuckerberg's 2012 salary: $1 per year. Many executives like Zuckerberg choose to pay themselves low salaries in order to increase the company's profits as much as possible. When the company maximizes profits it increases the overall value of their stock holdings which is where the executive's true wealth comes from. Interestingly, Steve Jobs, Eric Schmidt, Larry Page and Sergey Brin each earn only $1 per year in salary!

Mark Zuckerberg's net worth is $14.19 billion dollars. His wealth comes from his 28.1% equity stake in the company he founded Facebook. Mark Zuckerberg's net worth is calculated by multiplying his 28.1% stake which is 503.6 million shares, times the current price per share. As of August 3rd 2012, Facebook's price per share is $21 which gives Mark Zuckerberg a net worth of $10 billion. The company IPO'd May 18th 2012, at which point we found out exactly how much Zuckerberg is worth on paper. Mark also has the right to purchase an additional 120 million shares of the company at any point in the future which will boost his net worth by $5.5 billion. At one point when Facebook was trading at $42 per share, Mark Zuckerberg's net worth was $21.17 billion! If Facebook ever has the same market cap as Google ($200 billion), then Mark Zuckerberg's net worth will be close to $40 billion!

Billionaire Facebook CEO Mark Zuckerberg

Mark's first company Intelligent Media Group built Synapse Media Player, a music player using artificial intelligence to learn the user's listening habits. Both AOL and Microsoft tried to purchase Synapse from him for several million dollars and recruit Zuckerberg to their companies, but Zuckerberg went to turned them both down and instead went to Harvard College in September 2002. Zuckerberg created Facebook while attending Harvard with fellow classmates Dustin Moskovitz, Chris Hughes, and Eduardo Saverin. Zuckerberg launched Facebook on February 4, 2004 from his Harvard dormitory room. Zuckerberg kept Facebook at harvard until with the help of Moskovitz he decided to expand Facebook to other schools. Zuckerberg moved to Palo Alto, California, with Moskovitz and friends to establishing an office in a house for the Facebook business.

Mark Zuckerberg Net Worth and Salary

Harvard students Divya Narendra, Cameron Winklevoss, Tyler Winklevoss brought a lawsuit against Zuckerberg stating he intentionally made them believe he would help them build HarvardConnection.com a social network later called ConnectU. Numerous lawsuits followed, with the case settled on June 25, 2008, resulting in a settlement of 1.2 million common shares and payout of $20 million in cash. In 2010 the Winklevoss brothers made plans to sue Facebook stating Facebook misled them as to the valuation of the stocks settlement. A movie called The Social Network was released on October 1, 2010, and is based on Zuckerberg and the founding years of Facebook. Zuckerberg number 1 on Vanity Fair magazine's 2010 list of the Top 100 "most influential people of the Information Age".

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Brian Warner

Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.