Sheryl Sandberg Net Worth: Sheryl Sandberg, the COO of Facebook’s Parent Company Meta, Is Stepping Down!
Sheryl Sandberg Net Worth: Sheryl Kara Sandberg is an American corporate executive, billionaire, and philanthropist.
Sandberg works as chief operating officer (COO) of Meta Platforms, a post from which she stated, on June 1, 2022, that she is stepping down in the fall.
She is also the founder of Leaning. Org. In 2008, she was made COO of Facebook, becoming the company’s second-highest ranked official.
Net Worth: | $1.8 Billion |
Date of Birth: | Aug 28, 1969 (52 years old) |
Gender: | Female |
Height: | 5 ft 8 in (1.73 m) |
Profession: | Businessperson, Entrepreneur |
Nationality: | United States of America |
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Early Life of Sheryl Sandberg
Sheryl Kara Sandberg was born in Washington, D.C., on August 28, 1969. She grew up in a Jewish family with two younger siblings. When she was two, she moved to North Miami Beach, Florida, with her family.
She did well right away in high school and graduated with a GPA of 4.64 before going to Harvard College. In 1991, she got her Bachelor of Arts in economics.
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Sheryl Sandberg got the John H. Williams Prize because she was the best student to graduate from the economics department. She went back to Harvard in 1993 and went to the business school. In 1995, she got her MBA.
Sheryl Sandberg Career
Sandberg started her career as a management consultant before going to work for Larry Sanders, who was Secretary of the Treasury for the United States.
She then went to work for Google, where she was in charge of advertising and publishing for the company’s consumer products and Google Book Search.
She left Google in the end, having grown its sales and advertising team from four people to 4,000. Sandberg was offered the job of Facebook COO after meeting Mark Zuckerberg at a Christmas party.
She joined the company officially in 2008 and started looking for ways to make the social media giant profitable right away. With paid advertising, Sandberg was able to reach her goal.
As of 2020, she is in charge of a huge part of how Facebook does business. She was the first woman to join the board of directors at Facebook in 2012.
Net Worth: | $1.8 Billion |
Date of Birth: | Aug 28, 1969 (52 years old) |
Gender: | Female |
Height: | 5 ft 8 in (1.73 m) |
Profession: | Businessperson, Entrepreneur |
Nationality: | United States of America |
What is Sheryl Sandberg’s Net Worth?
Sheryl Sandberg has a net worth of $1.8 billion. Sandberg is the COO of Facebook, which stands for Chief Operating Officer.
She has been called one of the most powerful people in the world, and her stock holdings on Facebook and other companies make up most of her net worth. She worked in politics and as a manager at Google before she joined Facebook.
Facebook Holdings
According to public documents, Sheryl has sold $1.5 billion worth of Facebook stock since the company went public in May 2012.
She owned 0.06 percent of the company’s equity as of November 2018, which was worth $215 million before taxes and fees with a market cap of $400 billion at the time.
She also has 886,666 options worth $115 million pre-tax, based on a $400 billion market cap. Sheryl had sold 2.4 million Facebook shares for $91 million in 2013, it was revealed in 2013.
This accounted for only 5% of her overall Facebook holdings. Sheryl had sold more than half of her Facebook shares by 2014, leaving her with approximately 17.2 million total shares.
This amounted to a 0.5 percent ownership stake in the corporation, valued at almost $1 billion.
Controversy
Sheryl Sandberg has been criticized for other things she has done, and many people see her as a major force behind “surveillance capitalism.”
She is also said to have asked a group of Facebook communications experts to look into George Soros’ finances after he publicly criticized the work of several tech companies.
Relationships
Sandberg’s first husband was Brian Kraff. They were married for a year before they split up in 1994. She married Dave Goldberg, who used to be the CEO of SurveyMonkey, in 2004.
During the time that they were together, the couple had two children. After an accident in 2015, Goldberg died quickly. Sandberg has told the public that his death was caused by arrhythmia.
In 2016, Sheryl started dating Activision Blizzard’s CEO, Bobby Kotick. After three years together, they broke up. Tom Bernthal, the CEO of Kelton Global, proposed to her in 2020.
Anti-Trust Investigation
In 2020, it was reported that the FTC was thinking about removing both Mark Zuckerberg and Sheryl Sandberg from their jobs because they might have broken Anti-Trust laws. A year earlier, the tech giant had paid a $5 billion fine for breaking the rules.
Since the controversy began, Mark Zuckerberg has gone before US judicial committees more than once. As of 2020, these antitrust investigations are still affecting high-level Facebook executives like Sheryl Sandberg.
Real Estate
Sanberg paid $2.9 million for a property in Menlo Park, California, in 2009. After dismantling the existing structure and beginning from scratch, she and her husband spent the next five years refurbishing the property.
The angular, “bunker-like,” and strangely dismal facility now shares a lot of similarities with Facebook’s headquarters, implying that Sheryl feels well at home there.
The home has a total living area of 9,210 square feet, and reports say that the interior is highly “corporate.” A wine room, gym, movie theater, guest bedroom, and a great room with a big waterfall are all included.
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The green roof, solar panels, and basketball court stand out in the outdoor area. The property is expected to be worth $11 million in 2020. Sheryl Sandberg paid $9.25 million for a home in Atherton, California in 2014.
She had originally paid $7.995 million for the home in 2004. The house has a total living area of 11,430 square feet, not including the basement. Various sources have dubbed Atherton the “Most Expensive Zip Code in America.”
Sheryl Sandberg, the COO of Facebook’s Parent Company Meta, Is Stepping Down!
Ms. Sandberg reciprocated. “The chance to help another young firm evolve into a worldwide leader is a once-in-a-lifetime opportunity,” she remarked at the time.
Mr. Zuckerberg was 23 years old at the time, and Ms. Sandberg was 38. Mr. Zuckerberg is now the same age as Ms. Sandberg was when he hired her, and Facebook has grown to be a giant.
Mr. Zuckerberg has rebranded the firm Meta and begun taking the social network in a new direction — toward the immersive online environment of the so-called metaverse — during the last year.
Mr. Zuckerberg has taken over more of Ms. Sandberg’s responsibilities and rebuilt the corporation for its new chapter, while Ms. Sandberg, 52, has muted her prominence. Ms. Sandberg announced on Wednesday that she would be departing Meta — which also owns Instagram, WhatsApp, and Messenger — in the autumn.
She mentioned in an interview that she had intended to stay with the company for only about five years, rather than the 14 years she has.
She went on to say that she planned to focus on her personal philanthropy and her foundation, Lean In, and that she would marry television producer Tom Bernthal this summer.
Frequently Asked Questions
What is the real name of Sheryl Sandberg?
The real name of Sheryl Sandberg is Sheryl Kara Sandberg.
Does Sheryl Sandberg have a sister?
Yes, she has a sister, and her name is Michelle Sandberg.
Sheryl Sandberg has how many children?
Sandberg is the father of two kids, a son and a daughter. Dave Goldberg was their father.
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