ABOUT FACEBOOK...
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Mark Zuckerberg
Net
Worth $9.4 B As of September 2012
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: Married
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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