There's one thing Zuckerberg doesn't seem to mind splurging on: real estate. He's since tricked it out with a "custom-made artificially intelligent assistant.
He also owns a townhouse in the Mission District of San Francisco. But the couple's presence in Hawaii has drawn backlash over the years: In , Zuckerberg angered neighbors by constructing a 6-foot wall around his property, and in , Zuckerberg filed suit against Hawaiian families who had legal-ownership claims on parcels of land within his property.
Though he dropped the suit, residents accused him of "neocolonialism. One of the houses, called the Brushwood Estate, spans 5, square feet on six acres of land. The property features a guest house and a private dock.
Between his two Lake Tahoe properties, Zuckerberg owns about feet of private shoreline on Lake Tahoe's west shore. When Zuckerberg buys properties, he tends to buy the other homes surrounding it for privacy reasons, just as he did in Palo Alto. Zuckerberg doesn't appear to travel much for pleasure. But Zuckerberg's travel mostly ground to a halt in But ultimately, opulence and luxury are just a blip on Zuckerberg's radar. In fact, his main priority seems to be giving his money away, rather than spending it.
Zuckerberg has signed onto the Giving Pledge, joining Bill Gates, Warren Buffett, and over other millionaires and billionaires who have vowed to donate the majority of their wealth to philanthropy.
The Chan Zuckerberg Initiative is a philanthropic organization Zuckerberg founded with his wife in focused on "personalized learning, curing disease, connecting people, and building strong communities. CZI is invested in tackling both local and global issues. CZI has also contributed millions in the last year to causes like criminal justice reform and affordable housing.
Zuckerberg and Chan have also poured billions into research focused on curing the world's diseases by the end of the century. In order to accomplish this lofty goal, the Chan Zuckerberg Initiative launched a nonprofit called Biohub to start looking into the cure for disease, including research on genomics, infectious diseases, and implantable devices. Zuckerberg believes that Biohub will help speed up research to cure disease, telling The New Yorker in that "we'll basically have been able to manage or cure all of the major things that people suffer from and die from today.
Based on the data that we already see, it seems like there's a reasonable shot. Of course, Facebook did build a massive business from its users' eagerness to connect with one another and share their personal information online. Last year, Zuckerberg took responsibility for any privacy issues at Facebook, including allowing third-party companies to access users' data without permission, with the CEO calling the issues "a huge mistake, my mistake.
Zuckerberg also explained, yet again, that the underlying purpose of sharing personal information on Facebook is supposed to be connecting people. Like this story? Skip Navigation. During the day's testimony, Zuckerberg revealed that his personal information was among the data harvested by Cambridge Analytica, and suggested that legal regulation of Facebook and other social media companies was "inevitable. The surge bumped Zuckerberg past Berkshire Hathaway chief Warren Buffett to become the world's third-richest person, behind fellow tech titans Jeff Bezos and Bill Gates.
Any gains were wiped out when Facebook shares dropped a staggering 19 percent on July 26, following an earnings report that revealed a failure to meet revenue expectations and slowing user growth. The stock rebounded, and Zuckerberg remains one of the world's wealthiest people. In , Forbes ranked Zuckerberg at No. In June , Facebook announced it was getting into the cryptocurrency business with the planned launch of Libra in Along with developing the blockchain technology to power its financial infrastructure, Facebook established a Switzerland-based oversight entity called the Libra Association, comprised of tech giants like Spotify and venture capital firms like Andreessen Horowitz.
Despite providing assurances that Facebook would withdraw from the Libra Association if the project failed to garner approval from regulators, Zuckerberg faced pointed questioning from skeptical lawmakers who cited the Cambridge Analytica fiasco and other past transgressions.
Zuckerberg has been married to Priscilla Chan, a Chinese-American medical student he met at Harvard, since About people gathered at the couple's Palo Alto, California home for the ceremony.
The guests thought they were there to celebrate Chan's graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows. Zuckerberg has two daughters, Max, born on November 30, , and August, born on August 28, The couple announced they were expecting both of their children on Facebook.
When Zuckerberg welcomed Max, he announced he would be taking two months of paternity leave to spend with his family. Since amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes. Then, in December , Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime.
After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit. In November , Zuckerberg and his wife also pledged in an open letter to their daughter that they would give 99 percent of their Facebook shares to charity. They also announced the founding of Chan Zuckerberg Biohub , a San Francisco-based independent research center that will bring together engineers, computer scientists, biologists, chemists and others in the scientific community.
We strive for accuracy and fairness. If you see something that doesn't look right, contact us! Subscribe to the Biography newsletter to receive stories about the people who shaped our world and the stories that shaped their lives. Co-founder of the successful startup Broadcast. Computer scientist and engineer Mark Dean is credited with helping develop a number of landmark technologies, including the color PC monitor, the Industry Standard Architecture system bus and the first gigahertz chip.
Television star Mark Harmon has been on long-running shows such as St. Jack Dorsey is an American businessman best known as the founder of the social networking site Twitter. Entrepreneur Bill Gates founded the world's largest software business, Microsoft, with Paul Allen, and subsequently became one of the richest men in the world.
Mark Rothko is best known as one of the central figures of the Abstract Expressionist movement in American art in the s and '60s. Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world's youngest billionaires. Olivia Rodrigo —. Megan Thee Stallion —.
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