Looks like he is but it will take time.

The net worth of Mark Zuckerberg as of 1st January 2018 is 72 billion making himself the fifth richest person in the world.

Zuckerberg added over $24 billion to his fortune this year and is just only 33 years old.

Whereas the net worth of the richest person in the world (Jeff Bozos) is $98 billion.

While, Jeff Bezos earned more than $35 billion in 2017, his net worth can still be surpassed by Zuckerberg.

Zuckerberg is the giant of all social medias in the world. He owns Facebook, Whatsapp, Instagram which all has more than 1 billion user.

Unlike of Amazon, the competition in the social media sector is very thin. Most of the people only use Facebook, Instagram or Whatsapp as their main social networking app which means that the chances of Facebook falling sooner or later is extremely low.

More the users = More ads in Facebook.

More ads = More revenue.

More revenue = Increment in Zuckerberg worth.

Similarly, his investment in the sectors like Occulus VR and Artificial Intelligence will surely benefit his net worth in future.

The irony is that Mark Zuckerberg is worth so much money because most people do not really value their time.

They think that their time is worth nothing and that's why they waste time on Facebook. And that is why Facebook is making so much money .

They are taking your time and your attention ehich you do not really value , and they are selling it to advertisers.

Google is doing the same thing but at least Google is giving you a service . A very valuable service because you need a search engine to find stuff on the Internet.

I don't know exactly what service Facebook offers but it gets the worse: it becomes addictive and most people who use Facebook cannot stop using it every single day.

Once again we don't value our time and that is why Mark Zuckerberg is so rich.

Now I have nothing against Mark and I think he's a nice and smart guy.

But nobody should let other people , including nice guys who are very smart , use their time in order to make money.

I only use Facebook in order to publish my content and support my clients and friends through a Facebook group.

I really don't read what is going on in my friends lives because if it's really important, they would send me an email or pick up the phone and call me.

Quora is much better than Facebook because you're learning from people and you can share valuable knowledge with other people.

I think a fair criticism of Zuck’s wealth is he is not paying his fair share of taxes. The one area where this criticism is possibly most fairly levied involves taxes that those who are wealthy pay into the Social Security/Medicare systems. There is a ceiling at which one’s payments into these social welfare systems cease on an annual basis. Most do not reach this ceiling ever. They pay into these systems every week of the year. Zuck and many others reach this ceiling in a mere matter of days and are no longer required to contribute. Don’t get me wrong. I’m not advocating for radical wealth redistribution here, only for changes that will fund these social welfare systems in a less regressive manner and keep them solvent indefinitely. Trouble is we have troglodytes who wish to see these systems dismantled altogether. They’re the same people who are pushing for a US Treasury default. These are dangerous people—subversive—and they need to be swept aside.

In short: he owns a very large amount of Facebook stock, and he sells it on a pre-determined, fixed, schedule. The current amount of stock he has is around $80 billion; exact numbers follow in the body of this response.

To find out how much he’s sold on what schedule, the easiest answer is Yahoo Finance, insider transactions: FB Insider Transactions | Facebook, Inc. Stock - Yahoo Finance

Now let’s show you how to find what else he’s paid, how much stock he has, and so on:

It’s actually a lot easier to answer this question, in depth, than you’d think due to laws around reporting requirements for publicly traded companies in the United States. Start with the official Facebook SEC filings: Facebook - Financials and from there, you want their most recent proxy report. It’s here: http://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/9455e35f-a8eb-4ea9-9264-44889de58b05.pdf

Zuckerberg is not paid for being on the board because:

Mr. Zuckerberg, Ms. Sandberg, and Mr. Koum do not receive compensation for their service as directors.”

He’s only paid $1 a year for his role as CEO:

“Previously, Mr. Zuckerberg has requested to receive a base salary of $1 per year and the compensation & governance committee continued to honor this request in 2016.”

And he didn’t do the regular bonus plan or get extra stock last year:

“Mr. Zuckerberg did not participate in the Bonus Plan in 2016” and “Mr. Zuckerberg did not receive any additional equity awards in 2016 because our compensation & governance committee believed that his existing equity ownership position sufficiently aligns his interests with those of our stockholders.”

However, he does use a private plane, and treat that as part of his compensation: “ Mr. Zuckerberg uses private aircraft for personal travel in connection with his overall security program.”

Facebook values his overall security package, including private security and the plane at $5,765,831, plus the $1 salary for a total of $5,765,832 last year. The plane itself is worth $871,390; the remaining roughly $5M is other security.

The stock however:

He has 2,627,554 shares of class A stock, and 410,758,857 shares of class B stock for a total of 413,386,411 shares (we don’t care about voting rights, just valuation). At today’s market value, those shares are worth $170.60 each (October 25, 2017).

Multiple those numbers together: $70,523,721,716.60

Yes, that rounds to $71 billion dollars in Facebook stock.

The Chan Zuckerberg foundation and the Mark Zuckerberg Trust and assorted other groups he directly controls have another 48,892,913 shares, valued at $8,341,130,957.80 ($8 billion).

Mark Zuckerberg can become the wealthiest person on Earth due to some other applications but not from Facebook.

Facebook has reached a saturation point in last 1–2 years. It's users are still increasing but rate has decreased and is still decreasing due to several reasons.

Privacy issues of Facebook is one of the main factor due to which many people have stopped using Facebook in last one year. (Mainly after Cambridge Analytica data scandal)

Facebook was launched 15 years ago in 2004, when there was no other social media websites or application present in the world having so much features present together plus one can easily communicate at any part of world. People started using Facebook and slowly it became an addiction. They started adding profile pictures every hours, updated status and started chats.

After few years, in 2009 Whatsapp was launched and it provided a different and convenient platform for chatting. Slowly people switched to Whatsapp and Mark Zuckerberg saw his company going down. He bought Whatsapp in 2014 (a great business move) but ultimately facebook chat declined within few years.

Also, Instagram which was created by Kevin Systrom and Mike Krieger in 2010 (which was again a different application for photo sharing and was giving a big challenge to Facebook) is now owned by Facebook. Slowly after the launch, people switched from Facebook to Instagram for photo sharing purposes.

Twitter was launched after Facebook in 2006 and has made a drastic progress in last couple of years. People started using twitter for news and social events, politics and entertainment purposes (which is again overlapping with facebook).

There are many applications and websites launched in last couple of years such as Tik Tok and many others which has given a sole different platforms to waste time and made many people switch from facebook to these platforms.

How would you believe that people are using less of facebook these days?

Please scroll down your facebook to your last couple of birthdays. You'll see, if 100 people had wished you in 2012 then this number would have come down to around 50 in 2019.

Therefore, I don't see Facebook growing much in next years but Mark Zuckerberg can definitely become richest man due to his other applications and great business strategies.

It seems more than a little possible, if we are to believe the reports that he holds a 25% share -- more or less -- in Facebook. Gates is at $54 billion per Forbes, and Buffet at $45 billion right now. It's certainly possible that either or both will grow their wealth again meaningfully -- as they are both heavily tied to the fortunes of the stock market.

But Mark Z. has one thing they both lack, which is hypergrowth. If we assume some small amount of dilution from the IPO, he should be holding onto something north of 20% of the market cap of Facebook. So to get past Gates' current alleged worth, Facebook would have to hit $250 billion or more for this to happen. That would be "impossible" unless, of course, it isn't. Google is worth $170 billion and according to Facebook's own COO, Sheryl Sandberg, Facebook has "a lot more runway". (Of course, Google does too, if Eric Schmidt is right that Android is $10 billion in incremental revenues down the road.)

It's pretty unlikely Zuckerberg will ever make another Facebook-like killing, but he also has several decades on Gates and Buffett, i.e. he's really young in comparison. He's likely to invest more once he becomes more liquid and if he winds up having opportunities like a Ross Perot (I suspect he'd like another shot to buy a huge chunk of Home Depot) or Steve Jobs (in retrospect, he stole Pixar), he could make a tidy fortune as an "owner of things". But even if he doesn't Facebook alone could vault him up to the levels of the Big Two.

Yesterday I was just wondering how wealthy Zuck would be if the calculation was based upon Facebook profits instead of its stock value.

Since its inception, Facebook seems to have accumulated $2B of GAAP net income (based on the initial SEC Registration Statement + recent earnings releases, incl. a very weak 2012 (net $53m) (due to share-based compensation expense, payroll tax expenses related to share-based compensation, and related income tax adjustments ).

Mark Zuckerberg still owns 28.2% of the company.
If all profits had been shared (it never happens...) & if the boss had paid himself a dividend solely based on his shares, this would have amounted to $564m.

Based on Facebook's current market cap of $68B, Zuck's wealth is close to $20B, i.e. 40x more than a calculation based on a proportional share of 100% of the profits (which you would anyway never think of because the company needs constant reinvestment of its profits to fuel its growth). We can conservatively estimate that he's certainly 100x times "wealthier" thanks to the speculative inflation provided by the stock-based wealth calculation (than he would be as someone patiently accumulating his share of profits whithout emptying the coffers of the company).

You see how the stock exchange enables you to be far richer than your best expectations in the world of real money (if it ever existed) ;-)

Mark Zuckerberg, the co-founder and CEO of Facebook, is one of the wealthiest people in the world, with a net worth of over $100 billion. However, his massive wealth has been subject to criticism from various quarters. Here are some of the criticisms of Mark Zuckerberg's wealth:

1. Disproportionate Wealth: Some critics have argued that Zuckerberg's wealth is disproportionate to his contributions to society. While Facebook has been a hugely successful company, some argue that Zuckerberg's wealth is not commensurate with his actual impact on the world.

2. Tax Avoidance: Zuckerberg has been criticized for using legal loopholes to avoid paying taxes. In 2018, it was reported that Facebook had paid just £15.7 million in taxes on a UK revenue of £1.3 billion, leading to accusations of tax avoidance.

3. Concentration of Power: Some critics have argued that Zuckerberg's wealth gives him an undue amount of power and influence over Facebook and its operations. They argue that this concentration of power could be detrimental to the public interest.

4. Lack of Philanthropy: Despite his massive wealth, Zuckerberg has been criticized for not giving enough to charity. In 2015, he announced that he and his wife would give away 99% of their Facebook shares to charity, but some critics have argued that this pledge has not been fulfilled to the extent that it could have been.

These are some of the criticisms of Mark Zuckerberg's wealth. However, it is worth noting that there are also those who view his wealth as a sign of his entrepreneurial success and innovation.

Before becoming richest man on the world .He has to beat Bill Gates .Lets analytically check this ;
Original Answer ;Muhammad Zain Zaheer's answer to Do you think one day Mark Zuckerberg will be richer than Bill Gates?

May be or May be not. !!!

--May be NOT ;

1. Although it managed to gather 1.59 billion (actively reached in December 2015 said by facebook COO Sheryl Sandberg) but still its revenue is very low as compared to Microsoft revenue.

2. FACEBOOK market cap is very low as compared to Microsoft.Although MARK ZUCKERBERG has equity of 26 % in fb but its still does not help

3. Bill Gates has given his 40 bn to charity and still he manages to be top of the rich man list Bill Gates is again the richest person on earth, with a net worth of $87 billion let's do some math

87 bn +40 bn (if it had not been given away)=124 bn O_O

Mark Zuckerberg net woth 35.4 bn dollars O_o

4.Facebook need Long Run Like Microsoft ; Microsoft thrives for 40 years and still going high .People depends on Microsoft But some says facebook would not manage to exist for 40 years .

WELL THERE COMES OTHER PART OF THE ANSWER !!!!!YES IT IS POSSIBLE1.MARK is continuously investing money in new and productive ideas .Facebook is not now an ordinary social media website

2.FACEBOOK is Facebook we had in the past .It had gone to enormous success.Both Microsoft and Facebook are giants of their respective industry

3.Facebook is buying its Rivals e.g Whatsapp ,Instragram .Like Lincoln once said

"I DESTROY MY ENEMIES WHEN I MAKE

THEM MY FRIENDS"

this is somehow applies to fb strategy :')

4.FACEBOOK is targeting the MAJOR industry that is Android

-1 Billion Apps Attached

JUST STOP THINKING WHO WILL BE MORE RICH .SPEND ON YOUR SELF AND BECOME NEXT MARK OR BILL.

In 2017 Facebook reported over $40 bln in revenues:

1. Advertising (over 98% of revenues): it consists of displaying ad products on Facebook, Instagram, Messenger, and third-party

2. Payments and other fees (almost 2% of total revenues): it consists of net fee received from developers using Payments infrastructure or revenue from the delivery of virtual reality platform devices and others

This is the Facebook business model in action:

Source: How Does Mark Zuckerberg Make Money? Facebook Hidden Revenue Business Model Explained - FourWeekMBA

Mark Zuckerberg is currently Number 6 on the Forbes list with a net worth North of $44bn. If he follows a similar strategy to Bill Gates he may very well reach the top spot. Here is why:

1. Bill Gates is 30 years older than Mark, he will likely die before Mark does and he isn’t leaving his fortune to his kids.
2. Bill diversified his stock, currently owning a small percentage of Microsoft. The rest of his money is smartly invested in other ways. It is likely that Mark will eventually sell off a chunk of his shares and invest differently, raising his net worth.
3. Facebook is following a similar strategy as Google's, buying out technologies that will prepare it for the next technological wave. In effect they are creating a self-fulfilling prophecy aiming at the popularization of VR, and integrating it into day-to-day communications. Facebook’s value will increase as sales in markets other than advertising increase. Even if Mark does sell some of his shares, he will still become significantly wealthier as a consequence.

Not exactly. This value of 60Billion $ is an estimate. An estimate made by pundits who try to conjure up the value of the company based on how successful they think it would be and its position in the industry. However, it should be recognized as an estimate not a real value as recorded in any financial statements. The value of facebook will be known after its listed at the stock market. hence, at that point, if each share will be valued at say 5 dollars, then the whole company will be valued at 5$ * the number of issued shares of the company (which one can get from public record). Essentially then, he would be valued at 24% of that value and consistent market value as its share price changes.

The problem with today is that the share price could go up and down thus varying his value everytime the price changes. The price is determined at the market by demand and supply i.e how many people are selling their shares and how many are bidding for them.

Mark Zuckerberg sadly hasn’t held a 51% equity stake in Facebook since their early financing rounds in the late 2000’s. With that being said, due to the company’s class structure, Zuckerberg holds 53.3% voting rights in Facebook (via control over nearly 78.9% of the Class B shares). The Chairman & CEO of Facebook indirectly holds around 11.92 million Class A Facebook shares through a series of funds, according to his most recent filing with the SEC on August 30, 2018. Zuckerberg also owns a whopping 392.71 million Class B shares per the company's April 13, 2018, proxy statement.

Fellow Facebook co-founder (although hasn’t been involved directly with Facebook for over a decade) and investor, Eduardo Saverin, still maintains shares in Facebook as of today. The proxy filing from April 13, 2018, shows that Saverin holds 6.1 million Class A shares of Facebook along with 47.2 million Class B shares that account for 6.5% voting power in the company.

Mark Zuckerberg is the CEO of Facebook and the world's fifth richest person, with a 14 percent stake in the company. His previous stake, though, was 28%.

IF YOU WERE HIM WOULD YOU BE WILLING TO SHED YOUR WEALTH SO THAT OTHERS LESS TALENTED, BRILLIANT AND GIFTED FEEL LESS ENVIOUS OF YOU. I DOUBT IT. HIS WEALTH IN NO WAY INTERFERES OR IMPUNES MY HAPPINESS. I LIVE ON A MODEST SOC.SEC.STIPEND IN COSTA RICA BY MYSELF WITH MY TERRIFIC VALIANT CAT ‘ABANDONADO'. I WANT FOR NOTHING. GOD HAS BEEN EXTRAORDINARILY GENEROUS AND LOVING TOWARDS ME. I WOULD NOT WANT TO BE MARK ZUCKERBERG FOR ALL THE TEA IN CHINA. I AM HAPPY BEING ME…AN OK KIND HEARTED, CYNICAL, ZANY, PHILOSOPHICAL NOBODY THAT NO ONE WANTS ANYTHING FROM…I NO LONGER LIVE IN THE INSANE ASYLUM OF THE USA…AT 72 YRS.OF AGE I ENVY NO ONE.- DOES THAT ANSWER YOUR QUESTION?—:D.C.(caps used as a reading and writing aid…these tiny stupid little letters make my eyes ach!…THANK YOU.

It's not long, but the reality is that it won't happen until sometime after Facebook goes public and meaningfully grows it's revenues. The current valuation is ~$20 billion, which is what Forbes used to get Zuckerberg's current wealth and Facebook is estimated to go $1.3 - $2.0 billion this year, depending on who you believe. If it's like Google, the highest of the estimates are accurate. For Zuckerberg to pass the Google men, Facebook would have to roughly triple in value while Google stands still. It seems that Google is still growing and therefore this is a moving target. If I had to guess, I'd got with early 2012 for your answer, but really it's idle speculation.

In this matter, control is more interesting that dollars. Facebook structured its public offering so that Mark Zuckerberg retained over 50% of the voting shares in the company. The result is that Zuckerberg owns a minority of the fully diluted total shares outstanding, but a majority of the voting shares. Investors are skeptical of this type of arrangement because increases their risk. As shareholders they take financial risk on the value of the shares, but do not have an opportunity to participate in governance. For an individual investor this might not be a meaningful issue, but for large institutions that rely on active (and sometimes hostile) investors to force companies to take action, this is a high-risk scenario. Facebook was considered valuable enough that investors were willing to take the risk at the point of the IPO. Facebook has outperformed the market, and has not been targeted by activist investors.

Facebook listed Class A shares in their IPO. As of June 30, 2020, 2.879 billion Class A shares traded on NASDAQ. Class A shares have one vote per share. Class B shares, which are not traded on any public exchange, have 10 votes per share. Mark Zuckerberg owns approximately 57.9% of the Class B shares. Another approximately 12.5% are held by close friends and allies.

Zuckerberg owns just over 400 million shares total, valued on Friday 9/11/20 at approximately $105 billion.

The founder and "face" of Facebook indirectly holds around 11.92 million Class A Facebook shares indirectly through a series of funds, according to the CEO's most recent filing with the SEC on August 30, 2018. Zuckerberg also owns a whopping 392.71 million Class B shares per the company's April 13, 2018, proxy statement. Control over nearly 78.9% of the Class B shares, gives Zuckerberg 53.3% voting rights in the company. On July 25, 2018, Zuckerberg sold 240,000 shares of Facebook common stock. The stocks sold at an average price of $216.71, for a total transaction of just over $52 million.

Mark Zuckerberg started Facebook in his Harvard dorm room and has become one of the most famous businessmen in the world. Zuckerberg and Facebook have come under fire in the Cambridge Analytica scandal where it was revealed that the latter accessed user data and used it to target political advertisements. Zuckerberg in a written statement before the House admitted that the company had not done enough to protect its users.

Brazilian entrepreneur and now investor, Eduardo Saverin, was also a founding member of the social network. The proxy filing shows that Saverin holds 6.1 million Class A shares of Facebook along with 47.2 million Class B shares that account for 6.5% voting power in the company. Saverin, once responsible for Facebook's business segment, was edged out of the company with his stake diluted by Zuckerberg in 2005. The spat resulted in a lawsuit filed by Saverin that was settled out of court. Saverin also made headlines when he renounced his US citizenship ahead of the Facebook IPO, a move that would have helped him save on taxes.

His net worth as of October 2018 is $8.4 billion as of October 2018 according to Forbes.

This is the best question I’ve read today. If someone answered your question ‘correctly’ then you can expect that answer to literally be worth 100 Billion dollars.

All Billion Dollar ideas are so innovative and ground breaking (Or just down right simple) when first created that when people see the idea in its infancy stage, they struggle to see it’s future and how it is going to ‘fit in’. I suppose that is the secret ingredient….’An idea that doesn’t fit in at first but eventually becomes something people can hardly live with out”.

But don’t forget the best piece of advice when it comes to business: Find the Demand, find the supplier, bring them together!