How rich is Mark Pincus?
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Mark Pincus Net Worth, Wiki & Biography in 2017
Mark Jonathan Pincus was born on the 13th February 1966, in Chicago, Illinois USA, and is an internet entrepreneur best known to the world as the co-founder of Zynga, a company that develops social video games, such as FarmVille, FarmVille 2, Zynga Poker, CityVille and many other games. Apart from Zynga, Mark also started Tribe Networks, Support.com and Freeloader Inc.
Have you ever wondered how rich Mark Pincus is, as of late 2016? According to authoritative sources, it has been estimated that Mark`s net worth is as high as $1.2 billion, an amount earned through his successful career in the IT industry.
Mark Pincus Net Worth $1.19 Billion
Mark is the son of highly educated parents; his mother, Donna was an architect, while his father worked as public relations adviser to successful politicians and CEOs. Raised Jewish alongside his two sisters in Lincoln Park, a community area in North Side, Chicago, his parents divorced and both remarried; as a result he has three step-sisters and a step- brother. He went to the Francis W. Parker School until 12th grade, and after high school enrolled at the Warton School of the University of Pennsylvania, from which he received a Bachelor of Science degree in Economics, then Mark’s first job was with Lazard Freres & Co as a financial analyst, followed by a move to Hong Kong, working as a Vice-President for Asian Capital Partners for two years. Having established his net worth, He then enrolled at Harvard Business School, graduating with an MBA degree.
Mark then found a job as an associate for Bain & Co, but only for a year, after which he was hired as the manager of corporate development at the Tele-Communications Inc., which is now AT&T cable. Only a year later, Mark became a part of Columbia Capital, serving as the Vice- President and leading investments in new media and software startups based in Washington.
After gaining enough knowledge and money as well, Mark decided to venture out on his own, and founded Freeloader, Inc, which was after just seven months of successful operation, was sold to Individual Inc., for $38 million, considerably boosting Mark’s net worth.
Encouraged by the success of his first startup, Mark founded Support.com in 1997, and the company went public three years later, and changing the name to SupportSoft, Inc. in 2002. The next year came his third startup, Tribe.net, which was one of the earliest social networks. The software around which Tribe.net was built, Cisco Systems bought it out in 2007, and Mark used the profits to start Zynga Inc. the same year, alongside Eric Schiermeyer, Michael Luxton, Justin Waldron and Steve Schiettler.
Since then, Zynga has become one of the best social game developers, with such title as FarmVille, FarmVille 2, Zynga Poker, CityVille, CityVIlle 2, Mafia Wars, Empires & Aliens, Hanging with Friends, and many other titles, which successes only increased the worth of the company, and at the same time Mark`s net worth. He served as the CEO of Zynga from its inception until 2013, and again from April 2015 until March 2016. Most recently he was replaced by Frank Gibeau. He remains Chairman of the Board until present day.
Regarding his personal life, Mark has been married to Ali Gelb since 2008, and the couple has three children. Their current residence is in San Francisco.