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How much liquid wealth does Mark actually have? Isn't the vast majority of it purely theoretical based on Facebook equity purchases?
by quizbiz 16y ago
How much liquid wealth does Mark actually have? Isn't the vast majority of it purely theoretical based on Facebook equity purchases?
- beeeph 16y agoThis is a public pledge on his part that he'll give away the majority of his wealth over time, not right this moment. At the moment, I'm not sure the guy owns much of anything besides Facebook stock. Last I read, he rents a little house and drives a paid-off Nissan coupe.
- petercooper 16y agoIt's a great system. We, too, can pledge to give away our theoretical billions.
- patrickk 16y agoImportant paragraph in the article: "Mr. Zuckerberg, who founded Facebook in his Harvard University dorm before dropping out of college and working on the business full time in California, is one of the world's youngest billionaires, worth an estimated $6.9 billion, according to Forbes. Yet since his wealth is from his ownership stake a company that has yet to list on the stock market, much of that wealth is theoretical at this point."
- quizbiz 16y agoRight. So is there anyway to estimate his actual liquid wealth?