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As a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative, which he started with his wife Priscilla Chan, Zuckerberg has dedicated much of his fortune to charitable causes.
No matter how he spends his money, it seems that Zuckerberg will always have billions left over. Here, nine mind-blowing facts that show just how rich Zuckerberg really is.
2. Each year since Facebook's IPO in 2012, Zuckerberg has added an average of $9 billion to his net worth.
At $16 billion, Facebook is the second biggest tech IPO in history. Since then, the stock has increased by more than 408% for a current market capitalization of $547 billion, reported Lucinda Shen for Fortune.
3. However, Zuckerberg's 2019 net worth sank by nearly $9 billion compared to the previous year — but he still retained a spot in the world's top 10 richest people.
4. Last year, Zuckerberg earned roughly $1.7 million an hour, according to previous Business Insider calculations.
Business Insider found the difference between Zuckerberg's 2017 and 2018 net worths (as provided by the Forbes' 2017 and 2018 richest people in the world lists, published every March) to determine his annual earnings. Zuckerberg's annual earnings came to roughly $15 billion.
We then divided all annual earnings by 8,760, the number of hours in a year, to calculate how much he earned an hour.
5. It took Zuckerberg less than an hour-and-a half to earn what the average American man with a bachelor's degree will earn in his lifetime — $2.2 million, according to the Social Security Administration.
The average American woman with a bachelor's degree will earn $1.3 million in her lifetime, according to the SSA.
Mark Zuckerberg dropped out of college during his sophomore year.
6. In less than two minutes, Zuckerberg makes what it takes the median US worker a year to earn — $46,696.