Lifestyle News
The fifth wealthiest person in the world became a billionaire at the young age of 23.
Mark Zuckerberg, the founder of Facebook, accomplished this feat at a very young age. His assets witnessed a tremendous surge from $72 billion to $135 billion.
Mark Zuckerberg, born in New York, launched Facebook with three friends in a Harvard University dorm room in 2004.
Mark Zuckerberg achieved the billionaire status in 2007, becoming the youngest billionaire globally at the age of 23.
In 2022, Mark Zuckerberg’s company generated a revenue of $117 billion, with media reports indicating a monthly user count of 3.7 billion.
Mark Zuckerberg holds a 13 percent stake in Meta. In 2012, Zuckerberg acquired Instagram for 1 billion dollars that significantly boosted Meta’s global presence.
In 2014, Facebook made a significant move by acquiring the messaging app WhatsApp for $20 billion.
In 2021, Facebook underwent a name change to Meta. This encompasses three major platforms: Facebook, Instagram, and WhatsApp, collectively boasting billions of users.
Meta is the 7th largest company globally. Currently, it holds a market capitalization of $962.39 billion.