How Mark Zuckerberg spends his money


    How Mark Zuckerberg spends his money

  • 1 Mark lived in a modest house even after Facebook valuation exceeded $1 billion

    According to a former Facebook employee, Mark doesn't care much about money, and he stayed in a modest house, sleeping on a mattress on the floor, even after Facebook reached $1 billion valuation. He was later forced to move out by advisers for security reasons.

  • 2 Mark Zuckerberg drives an Acura TSX

    Mark Zuckerberg was reportedly seen driving an Acura TSX, a car that can sell for lower than $50,000. Mark once said he likes it because 'it's safe and not ostentatious'. See also how Mark Zuckerberg spends his day.

  • 3 Mark doesn't seem to be motivated by money

    According to people who worked around him, Mark doesn't seem to be motivated by money, but rather by influencing people and making a big impact. See how Mark Zuckerberg got the idea of Facebook.

  • 4 Mark doesn't have fancy cars or yachts

    According to an article published on Yahoo Finance in 2014, Mark doesn't own fancy cars or yachts. The article said that Mark is not living the extravagant lifestyle he can afford.

  • 5 Mark's house costs $7 million

    Mark's 5,000-square-foot house in the Crescent Park neighborhood of Palo Alto cost him 7 million dollars.

  • 6 Mark bought the four houses surrounding his for $30 million for privacy reasons

    When Mark heard of a developer who wanted to buy a neighboring house, he purchased all of the houses surrounding him then rented them back. His main concern was privacy, not expanding his current house.

  • 7 Mark will give most of his money to charity

    Mark Zuckerberg signed the giving pledge in 2010, a type of agreement where a billionaire usually promises to give a large portion of his money to charity. See why Mark Zuckerberg wears the same T-shirt every day.

  • 8 Mark donated $100 million to public schools in New Jersey

    Mark donated $100 million in 2010 with the goal of aiding public schools of Newark in New Jersey.

  • 9 Mark bought another house for $10 million

    Mark bought another house in San Francisco's Noe Valley for 10 million dollars.

  • 10 Mark said he doesn't care much about money

    Mark once wrote, 'We don’t build services to make money; we make money to build better services.' See why Mark Zuckerberg bought Instagram.

  • 11 Mark usually doesn't wear luxurious clothes

    Mark usually wears plain grey T-shirts or a hoodie. He hardly appears wearing luxurious brands.

  • 12 Mark donates a lot to charity

    Mark Zuckerberg has donated to different charity foundations on many different occasions. The donations vary from millions to tens of millions.

  • 13 Mark spent $700,000 on a private jet

    Mark spent $700,000, which is relatively a small number when compared to other jets, on his private jet. It's believed he bought it mainly for business purposes.