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Mark Zuckerberg Net Worth

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Mark Zuckerberg's Net Worth as of 2024
$56 Billion

Mark Elliot Zuckerberg was born on 14 May 1984, in White Plains, New York State USA into a Jewish family. He is known for making billions of dollars at a very young age. However, even if a lot of people are jealous and sceptical about Mark, they should admit that not only does he deserve all that he has, but also respect and admiration for being smart and inventive. He has created a virtual empire which we all acknowledge nowadays: is there anyone in the world who has not heard of Facebook!

So how rich is Mark Zuckerberg? According to Forbes Magazine and Bloomberg’s Billionaires list, Zuckerberg‘s net worth is estimated at $56 billion as of early-2017, making him the seventh richest person in the world, up from 15th just nine months earlier. What strikes as most comic is that Mark has a salary of only $1 dollar per year as CEO of Facebook, however, that doesn‘t stop him from being a self-made billionaire, now head of a company ranked in the 10 largest in the world, valued at $275 billion.

Mark Zuckerberg Net Worth $56 Billion

Mark was indeed an ‘A’ grade student, apparently excelling in many subjects when at Ardsley High School, ranging from physics to classics. However, above Mark‘s interest in computers stands his father. He introduced Mark to computers and wanted him to take an interest in them. Edward Zuckerberg taught his son Atari BASIC programming and later hired a software developer to train Mark privately once a week. According to David Newman, the above-mentioned tutor, the kid was unbelievably talented and soon left his teacher standing and breathless. When Zuckerberg joined the community of Harvard University, he already had a reputation as a programming genius, because “Facebook” wasn‘t actually the first convenient and useful program he had developed. His works, such as Synapse Media Player, CourseMatch and Facemash received a lot of attention and popularity. Still they cannot rate with Facebook.

Unsurprisingly, a person who begins a world-wide revolution of communication faces a lot of problems, difficulties, intrigues and scandals. Mark was accused by his former friends, the Winklevoss twins, Cameron and Tyler, of stealing their ideas. The brothers actually dreamed of building a connection between all the students of Harvard University. As we all know now, Mark improved this idea by enlarging the range of people who were allowed to use this social network. So, the accusations were at least true in part and Zuckerberg was forced to give away 1.2m Facebook shares to them. Thus there‘s always a bright side of things – the company that Mark set up has made a lot of people wealthy, not just him alone.

Regardless, according to Vanity Fair magazine, Zuckerberg was the most influential person of the Information Age in 2010. That‘s surprising because a year before he ranked only at number 23 on the same list. What‘s more, not only does Vanity Fair consider Mark as the world‘s most influential in this relatively new industry, but also New Statesman. In 2010, they ranked him as number 16 in the top 50 of the world’s most important figures. “Facebook” is considered to be the biggest social networking website on the planet, used by people of all ages, sex or nationality. Zuckerberg is respected because all he had to create such a network were his ideas and fingers that instinctively knew what to press on a keyboard.

Even though Mark Elliot Zuckerberg lost all of his friends and it doesn‘t seem that he‘s ever going to regain them, he at least has a reliable source of income – Facebook, of course. All the other similar companies that Facebook has obtained recently such as Instagram, WhatsApp, and some more must also be taken into account.

In his personal life, Mark Zuckerberg married Priscilla Chan in 2012, having met her originally in 2002. Aside from his career, Mark is a noted philanthropist, particularly to educational projects. In 2010, he joined with Bill Gates and Warren Buffett in promising to donate half of his wealth to charity over time. In 2013 he donated shares valued at $990 million to the Silicon Valley Community Foundation, and the following year $25 million towards combating the ebola disease.

As the Managing Editor at NetWorthPost, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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1 Comment

  1. Trey D

    September 25, 2017 at 3:04 pm

    Wow!! Zuckerberg is a snake who ripped off his business partners and you call him “respectable” and then go on to say he’s “lost all of his friends”. How “respectable” is that? He lost his friends because he can’t be trusted. His neighbors in Hawaii can’t stand him. He’s a hypocrite, criticizing Trump for wanting to build a wall to keep out illegals and yet he built a huge wall around his mansion in Hawaii cutting off the view and polluting the landscape with mounds of rock. Get a clue and be honest. I can’t stand to look at the guy.

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Billionaires

Gautam Adani Net Worth

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Gautam Shantilal Adani was born on the 24th June 1962, in Ahmedabad, Gujarat, India and is a businessman, widely known as a founder and the chairman of the multinational conglomerate Adani Group. Adani has been active in the business of coal mining and gas distribution since 1988.

How much is the net worth of Gautam Adani? It has been estimated by authoritative sources that the overall size of his wealth is as much as $8.8 billion, as of the data presented in the middle of 2017. Adani Group is the main source of Adani’s fortune.

Gautam Adani Net Worth $8.8 Billion

To begin with, the boy with his seven siblings, was raised in Ahmedabad by his parents Shanta and Shantilal Adani. He was educated at the Sheth Chimanlal Nagindas Vidyalaya school, then entered Gujarat University to study commerce, yet he dropped out.

Currently, the billionaire Gautam Adani owns the largest brand of oil in India. The company was founded in 1988, with Gautam the founder and current president. He said he created his Group with a vision of Nation Building, that is to say by developing assets that he believes are important economic issues for the country. The Adani Group has grown rapidly by diversifying into import – export – it opened its own port in Mundra, to better control its trading operations. Construction began in 1995 and in 1998 it became one of the major sources of foreign exchange for India.

The following year, the company embarked on financial and energy speculation with coal trading, and soon created a joint venture (Adani Willmar) in the field of petroleum products trading in 2000. A second phase began for the group with the creation of large infrastructures. The company created a portfolio of ports, power stations, mines and a fleet of ships and railway lines in and out of India. In 2006, the company became the largest importer of coal in India – 11 million tons. Adani sought to be less dependent on the coal market, so he started to buy and control coal mines. Thus, he bought the Australian group Linc Energy, in order to supply the group’s coal-fired power stations. In 2008, he bought the Bunyu mine in Indonesia , with 180 million tons of coal reserves, and the following year, Adani Group became an energy company, producing 330 MW of thermal energy. In 2011, the group also decided to buy the exploitation rights of a large part of the Galilee coal basin in Australia. To prepare for the import of Australian coal, he ordered a large-capacity coal terminal at Mundra (the largest in the world) and in the same year he bought the Australian port of Abbot Point. This project is yet to come to fruition.

In 2012, the Group began a 3rd phase of development as integration infrastructure, renewing its logo and developing a new identity. The company focuses on three areas: resources, logistics and energy. Subsequently, under the direction of Gautam Adani, the Adani Group became a multinational conglomerate active in the production of electricity – especially through coal – and port terminals, logistics and agribusiness. It is India’s largest developer and port operator. The Group is the major source of Gautam Adani’s net worth.

Finally, in the personal life of Gautam, he is married to Priti and they have two children.

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Billionaires

Frank Lowy Net Worth

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Frank Lowy was born on the 22nd October 1930 in Fiľakovo, now Slovakia, of Jewish origin and is an Australian entrepreneur. Lowy founded and led the Australian retail company the Westfield Group. According to US Forbes Magazine, Lowy is one of the richest Australians, having been active in business since 1952. Lowy was also the president of the Football (soccer) Federation of Australia from 2003until 2015.

How much is the net worth of Frank Lowy? It has been estimated by authoritative sources that the overall size of his wealth is as much as $5.1 billion, as of the data presented in the middle of 2017 Westfield Corporation is the major source of Lowy net worth. It should be noted that Frank has been listed in Financial Review Rich List every year since 1983. In 2010, he became the richest person in Australia with the estimated net worth of A$5.04 billion at the time.

Frank Lowy Net Worth $5.1 Billion

To begin with, the boy was born in Slovakia, but lived in a ghetto in Hungary in the time of World War II. In 1946, he managed to escape and reached France, where he boarded a ship and wanted to reach Palestine, but was caught and detained by the British in a camp in Cyprus. However, he managed to serve in the Jewish paramilitary organization Golani Brigade, and participated in the Israeli – Arab War in 1948.

His family was based in Hungary and had a small business, and in 1952, Lowy joined them and they all migrated to Australia. In 1960, he founded the company which is currently entitled Westfield Corporation Limited, in Sydney, Australia, developing shopping centers which even operated in the US from 1977. The company continued to specialize in shopping centres, and the Westfield Group now owns and operates shopping centres in Australia, New Zealand, the UK and the US. All the shopping centres are advertised with the brand Westfield or Westfield Shoppingtown. Those have added significant sums to the overall size of Frank Lowy net worth.

From the beginning of the company until 2010, Lowy held the position of executive chairman of the Westfield Group; currently, he serves as the non – executive chairman. From 2008 to 2010, he and his company became the focus of a US tax investigation, after Swiss and Liechtenstein accounts were discovered – no wrong-doing was discovered.

Additionally, he served as the director of the Reserve Bank of Australia from 1995 to 2005. Significantly involved in the development of soccer in Australia, Lowy was the president of the Football Federation Australia from 2003 to 2015, succeeded by his son.

He was appointed a Companion of the Order of Australia in 2000, and in 2005, Lowy received the Woodrow Wilson Award for Corporate Citizenship. Several years later, the businessman was honoured with the Henni Friedlander Award, among a number of other awards and honours.

Finally, in the personal life of Frank Lowy, he is married to Shirley Lowy, who he met in 1951. They have three sons: Peter, Steven, and David who took over the lead of Westfield. Currently, Frank resides in Point Piper, Sydney, Australia. Since 2003, he is also owner of the mega-yacht Ilona. It is Lowy’s fourth yacht, and he has travelled around the world four times. However, the family is involved in philanthropy too, with a particular interest in cancer research and treatment.

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