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Saturday, November 23, 2024
CEOWORLD magazine - Latest - CEO Spotlight - Mark Zuckerberg is not only among the Top 5 Richest People Worldwide but also an Entrepreneur Dedicated to Technology.

CEO Spotlight

Mark Zuckerberg is not only among the Top 5 Richest People Worldwide but also an Entrepreneur Dedicated to Technology.

Mark Zuckerberg, at the age of 39, resides in the United States and holds the positions of CEO and Chair at Meta Platforms. Boasting a substantial net worth of $141,5 billion, Zuckerberg possesses a noteworthy 13% ownership stake in Meta Platforms, valued at approximately $124 billion. Additionally, he holds $4.20 billion in cash assets.

Zuckerberg’s entrepreneurial journey commenced at Harvard University in 2004 when he, alongside fellow students Eduardo Saverin, Dustin Moskovitz, and Chris Hughes, developed Facebook, now known as Meta. Witnessing the rapid expansion of Facebook to other universities, Zuckerberg made the pivotal decision to drop out of Harvard, dedicating his efforts entirely to the growth of his burgeoning business. Presently, he serves as the CEO and Chair of Meta.

Recognized as the world’s largest social networking service, Facebook primarily generates revenue through advertising, given its free-to-use model.

Under the Meta umbrella, Zuckerberg presides over various brands, including the photo-sharing app Instagram (acquired in 2012), cross-platform mobile messaging service WhatsApp, and virtual-reality–headset producer Oculus (both acquired in 2014). Meta’s portfolio also includes Workplace, an enterprise-connectivity platform, and Portal, a line of video-calling devices.

In 2015, Zuckerberg, along with his wife, Priscilla Chan, founded the Chan Zuckerberg Initiative. Serving as co-CEOs, their charitable organization aims to leverage technology to address societal challenges.

 

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CEOWORLD magazine - Latest - CEO Spotlight - Mark Zuckerberg is not only among the Top 5 Richest People Worldwide but also an Entrepreneur Dedicated to Technology.
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz