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How does Mark Zuckerberg invest?

And maybe it's not how you think

by Norberto
9 June, 2022
in Career Path
0
Mark Zuckerberg study

Mark Zuckerberg’s obsession with the metaverse and digital worlds is well known. Considering the trends of Meta, his company, we might think that all of the Facebook founder’s investments and expenditures have to do with digital. But this is not accurate.

We should separate the investments the Facebook founder makes for business purposes from those he makes personally.

Obviously, from a business point of view, there is not much doubt, from the purchase of WhatsApp to Instagram, he has always shown a good nose for spotting competitors and buying them.

However, when it comes to their personal lives and the investments and purchases to which they put their money, it seems that things are not quite the same.

How much does Zuckerberg have, and what does he spend?

The billionaire’s fortune is estimated at around $120 billion. However, some of his best-known routines are not very reminiscent of such a wealthy figure.

For example, he famously buys jeans and T-shirts of the same type, color, and brand. He doesn’t have to think about what he wears every morning, forcing herself to wear the same outfit every time.

It should be noted that, on a personal level, Mark Zuckerberg has always been quite secretive about his investments and personal purchases.

It is known that he has a particular weakness for real estate. Not all of his assets are known, but some of his major acquisitions, such as the house he bought in 2011 in Palo Alto for around $7,000,000.

Over time, other real estate acquisitions by the billionaire and his wife are known. The total investment in properties close to the main one may exceed $30,000,000. On the other hand, they also acquired a house in San Francisco for around $10,000,000 and landed in Hawaii.

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He is not a billionaire of excess. He is known to own a private jet chartered by his own company, but other than that, he is not known to possess large boats or luxury cars like other digital billionaires.

On the other hand, following the line of some of the main American digital entrepreneurs, he also dedicates part of his assets to philanthropy. Some donations and collaborations with non-profit organizations are known.

One example is his role as a founding donor to Code.org, a non-profit organization dedicated to trying to teach computer programming to children.

In short, although this multimillionaire’s entire professional career revolves around new technologies, as far as his personal life is concerned, he seems to be a fairly conventional model in buying property and restrained in terms of spending or excesses.

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