Mark Zuckerberg’s Journey to $100 Billion

Recently, Mark Zuckerberg became the third person in modern world history to reach a $100 Billion net worth (mainly from his stocks in Facebook). Facebook has been growing exponentially ever since it launched in 2004. Despite the previous privacy scandals, the platform still has over 2.7 Billion people using it, not forgetting the over 1.6 billion on Instagram and about the 2 billion on WhatsApp.

Like any other entrepreneurs, especially in technology, Zuckerberg and his team are always trying to develop new ideas for solving problems in society. 

Mark Elliot Zuckerberg is a tech entrepreneur and computer programmer who has been in business since 2004 when he launched Facebook after he was dismissed from Harvard for hacking into the University’s system with profiles of the various students.

Facebook started as a platform for students but was later adopted by the general public after several students reported loving the platform. Since then, the company has been growing at a very high rate, and the acquisition of WhatsApp and Instagram further boosted the platform’s growth.

Just like any entrepreneur, Zuckerberg has encountered hiccups along the way. Still, he has managed to maneuver past them – most recently being the anti-competition accusations that he had to respond to in a live stream engagement with congress.

As mentioned, Zuckerberg’s wealth is mainly from Facebook, and it’s this company that has made him worth over $100 billion. Despite the various scandals that have been dragging Facebook back and forth, the company has managed to get back on its feet and still provide people with what they know to do best (connecting them with friends and family).

Facebook and Instagram have always added features that have made people spend time on their platforms, making more money from advertisers. The recent reels feature brought to Instagram made the company’s stocks shoot up, which led to Zuckerberg crossing the $100 billion mark. Despite the criticism of how the feature resembles TikTok, people have so far loved it.

Besides social networking, Zuckerberg and Facebook are heavily investing in augmented reality and virtual reality technology through Oculus, a Facebook subsidiary. Zuckerberg has a lot of hope that AR and VR will change a lot of things soon. In his recent interview with YouTuber MKBHD, Zuckerberg shared how AR and VR could make communication much more real than today through futuristic ideas like holograms.

He also shared about Facebook’s commitment to AR and VR, which clearly shows that Mark Zuckerberg and his team are now spending a reasonable amount of time working on innovations in AR And VR.