Net wealth tracker series#

At a glance see how your current net worth compares to last month and use it inform your savings and. Beautiful charts let you see how your wealth is trending over a number of categories: banking, investments, auto, mortgage, loans and more. As recommended by Eric Tyson in Personal Finance for Dummies, this can be done by multiplying your expected monthly retirement income by the number of months you expect to receive that income. WealthPlus makes it simple to track your net worth over time. You can also include your future retirement income from pensions and social security as assets. I include my home in the calculation because I also include the mortgage in the liabilities. But, one of the reasons for listing your home or automobile is that these assets can be used as collateral when applying for loans, or if you really had to sell them, you could. Some people prefer to not list their home or personal property because they wouldn't want to sell it. In the calculator, this would be the 'Notes and Accounts Receivable' category. You can also include the money owed to you by other people (but only if you think they are going to pay you back). Basically, anything of value that could be converted to cash. The couple's second daughter was born in August 2017.Your financial assets include the cash in your checking and savings accounts, certificates of deposit, life insurance cash value, retirement accounts, the value of your home and real estate investments, stocks, bonds, mutual funds, treasury bills, silver and gold bullion, and even personal property such as cars, jewelry, art, and collectibles. The same day, Zuckerberg announced plans to give away 99% of his stock in the social network during his lifetime to advance philanthropic causes. Zuckerberg is married to Priscilla Chan, who gave birth to a baby girl in December 2015. He has also donated 36 million shares to the Silicon Valley Community Foundation. In September 2010, he donated $100 million of Facebook shares to the Newark, New Jersey, public school system. Zuckerberg has pledged to donate the majority of his fortune to charity. It was then the biggest technology IPO in history. The company sold shares in an initial public offering on the New York Stock Exchange on May 17, 2012. In November 2011, Facebook reached a 20-year agreement with the Federal Trade Commission to settle complaints that it had violated user privacy. With Facebook's rise came a number of legal issues, first with co-founder Eduardo Saverin - who was cut from the company in the summer of 2004 - and with Divya Narendra and the twins Tyler and Cameron Winklevoss, who sued Zuckerberg for allegedly stealing the idea behind Facebook. Facebook's membership was approaching 1 million users by December 2004. Investments from other venture firms quickly followed. He received $500,000 in funding from Peter Thiel in the fall of 2004. The site quickly began migrating to other universities, prompting Zuckerberg to drop out of Harvard and move to Silicon Valley. After graduating from Exeter with a major in classics, he enrolled at Harvard University, where he started Facebook from his dorm room with three friends.

The value of his cash investments is based on an analysis of insider transactions - mostly the sale of Facebook shares valued by an analysis of Bloomberg data and company filings - as well as taxes, property purchases, philanthropic giving and market performance.īorn in White Plains, New York, Zuckerberg built his reputation as a computer programming prodigy at the elite boarding school Phillips Exeter Academy. He's still credited with those shares he plans to give away because he still owns them. Zuckerberg started selling shares in August 2016 to fund his philanthropy and in Bloomberg's calculation he isn't credited with the value of any sales proceeds that fund charitable work.

Net wealth tracker series#

The billionaire owns the shares through a series of trusts and holding companies, according to the proxy. He plans to give away 99% of his shares over his lifetime, according to a December 2015 SEC filing. The company sold shares in an initial public offering on in what was the biggest technology IPO in history at the time.

Meta Platforms has about 3.7 billion active users each month including about 3 billion on Facebook, according to a January 2023 company presentation. The majority of Zuckerberg's fortune is derived from a stake of about 13% in Meta Platforms, formerly Facebook, according to the company's 2023 proxy statement.įacebook is the world's largest social network.