⬅ # 3 Elon Musk|# 5 Larry Ellison

# 4 Mark Zuckerberg 

$161B

Real Time Net Worth
as of 5/21/2024
-$1.4B (-0.89%)

# 4 Mark Zuckerberg 

$161B

Real Time Net Worth
as of 5/21/2024
-$1.4B (-0.89%)
OccupationCofounder, Meta Platforms
Source of WealthFacebook
Age40
ResidencePalo Alto, California
Marital StatusMarried
Children3
EducationDrop Out, Harvard University
Age-Adjusted Net Worth$625B
Mark Zuckerberg
Mark Zuckerberg
United States
Net worth: $161B

Self-Made Score 

Wealth History

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Biography

Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York.
In 2004, while a student at Harvard University, Zuckerberg co-founded Facebook with his college roommates, Andrew McCollum, Eduardo Saverin, Chris Hughes, and Dustin Moskovitz.
Initially called 'The Facebook,' the social networking platform rapidly gained popularity on college campuses before expanding to the general public.
Zuckerberg dropped out of Harvard in 2004 to focus on developing Facebook, which grew to become the world's largest social media platform with billions of users globally.
In 2008, Zuckerberg faced legal challenges over the ownership of Facebook, resulting in a settlement with the Winklevoss twins and Divya Narendra, who claimed he stole the idea for the platform.
Under Zuckerberg's leadership, Facebook went public in 2012, and the company later acquired Instagram in 2012 and WhatsApp in 2014, solidifying its dominance in the social media space.
Zuckerberg has been an advocate for connectivity and internet access, launching initiatives like Internet.org to bring online services to underserved regions.
In 2015, Zuckerberg and his wife, Priscilla Chan, announced the creation of the Chan Zuckerberg Initiative, a philanthropic organization focused on areas such as education, healthcare, and scientific research.
Despite facing criticism for privacy issues and the spread of misinformation on the platform, Zuckerberg continues to lead Facebook, which was later rebranded as Meta in 2021 to reflect its focus on the metaverse and broader technological ambitions.

How long would it take you to become as rich as Mark Zuckerberg?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Mark Zuckerberg's net worth of $161B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

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Mark Zuckerberg is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Mark Zuckerberg, Facebook is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey