ABOUT FACEBOOK...


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Mark Zuckerberg
Net Worth  $9.4 B As of September 2012
Follow (2103)
At a Glance
·         Cofounder, Chairman and CEO, Facebook
·         Age: 28
·         Source of Wealth: Facebook, self-made
·         Residence: Palo Alto, CA
·         Country of Citizenship: United States
·         Education: Drop Out, Harvard University
·         Marital Status: MarriedTop of Form

Bottom of Form
Mark Zuckerberg has faced a rough road since Facebook went public in May. The stock of the social networking company has performed poorly, falling below $20 in August after debuting at $38. In July the company reported a net loss of $157 million for its second quarter but a jump in revenues to $1.18 billion. That news drove the stock price down. The Facebook founder's net worth fell by $8.1 billion --more than anyone else on The Forbes 400 --since a year ago, though his $9.4 billion fortune is still quite impressive. The drop isn't likely to change the hoodie-wearing CEO's lifestyle much. What's less clear: whether the young executive, who married his longtime girlfriend Priscilla Chan the day after the IPO and headed off for an Italian honeymoon, can right the ship and make Facebook into a winning public company. On the philanthropy front, In Zuckerberg surprised many by pledging on the Oprah Winfrey Show in September 2010 that he would donate $100 million to Newark, New Jersey schools. Since then, he's created his own foundation, Startup: Education, which will give money to Newark schools on a matching donation basis. As of August, Startup: Education had given $15 million to Newark. Zuckerberg is also a signee of Bill Gates' and Warren Buffett's Giving Pledge, committing to give away more than half his wealth to charities while he's alive or after he dies.



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