Mark Zuckerberg

Mark Zuckerberg, the 33-year-old founder and CEO of Facebook, has a net worth of $74 billion and counting.

He’s currently the fifth richest person in the world, according to Bloomberg’s Billionaires Index, but it seems he doesn’t have a taste for opulence. Especially when it comes to cars, clothes, and travel.

As a member of the Giving Pledge and cofounder of the Chan Zuckerberg Initiative, the Harvard dropout has dedicated much of his current and future fortune to charitable causes.

Keep reading to find out exactly how Zuckerberg and Chan spend their billions.

SEE ALSO: A typical day in the life of Mark Zuckerberg, who wears the same thing every day and tucks his daughter in every night

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In May 2012, eight years after its founding, Facebook debuted on the New York Stock Exchange. At the time, it was the biggest technology IPO in history. Each year since then, Zuckerberg has added an average of $9 billion to his net worth.

Source: Fortune

Despite his status as one of the richest tech moguls on earth, the Harvard dropout leads a low-key lifestyle with his wife Priscilla Chan and their two young daughters.

Like many other Silicon Valley stalwarts, Zuckerberg favors a uniform. Though casual in appearance, his signature grey t-shirts and hoodies are designed by luxury brands and are reportedly much more expensive than they look, retailing for hundreds and even thousands of dollars.

Source: Business Insider, GQ

See the rest of the story at Business Insider