- Mark Zuckerberg has a net worth of about $69 billion as of September 2019, making him the eighth-richest person in the world.
- He spent the summer traveling for a mix of business and pleasure.
- He went from meeting with international lawmakers to visiting ancient ruins with his wife, Priscilla Chan, and splitting his time among his many private residences.
- Keep reading to see the timeline of what the Facebook CEO was up to this summer.
- Visit Business Insider’s homepage for more stories.
Facebook is constantly making headlines.
With so much going on, did the company’s CEO, Mark Zuckerberg, possibly manage to take any time off this summer? It looks like the answer is yes.
Zuckerberg, the eighth-richest person in the world, spent his downtime bouncing between the waterfronts of his multiple private residences and taking a few Instagrammable selfies with his wife.
Here's a look at what he has been up to this summer, including his surfing lesson from a professional.
A company spokesman declined to comment on Zuckerberg's summer when reached by Business Insider.
Zuckerberg started off the summer by heading to Europe on business to meet with the president of France and other European lawmakers.
In the wake of privacy scandals, Zuckerberg went to Paris in early May to discuss stronger tech regulation with French President Emmanuel Macron. He also met with European lawmakers in Brussels to explain Facebook's recent scandals, including privacy problems and its role in election interference.
He took the opportunity to explore Europe with his wife, Priscilla Chan, who accompanied him on the trip.
http://instagr.am/p/BxX5JWwgXRq
On May 12, he posted a photo in front of the Louvre in Paris.
From France, they made their way to Greece to celebrate their seventh anniversary at the Parthenon.
http://instagr.am/p/BxjtukngbIH
After seven years of marriage, they have two young daughters that they mainly raise in their 5,000-square-foot home in Palo Alto, California.
Upon Zuckerberg's return to the US in June, Facebook announced its new cryptocurrency, Libra.
Facebook announced its cryptocurrency Libra on June 18, promising a 2020 release date. Among public concern of deep fakes, the cryptocurrency announcement created more negative buzz for Zuckerberg. Many expressed doubts, saying Facebook has become a "shadow bank."
Zuckerberg also made an appearance at the Aspen Ideas Festival in Colorado on June 26.
Zuckerberg and his family then spent the Fourth of July at their new $59 million compound in Lake Tahoe.
http://instagr.am/p/BzgviNFgKSC
In early May, the Wall Street Journal reported that Zuckerberg spent about $59 million on two adjacent properties in Lake Tahoe. The purchase was made secretly last December. He is reportedly in talks to buy a third adjacent property to increase the compound's privacy.
The compound boasts 600 feet of private waterfront.
The two properties that make up the compound are on Lake Tahoe's west shore outside of Tahoe City. The prestigious area also serves as a popular vacation spot for the families of late Hewlett-Packard founder Bill Hewlett and late publishing icon Charles McClatchy.
While there, he participated in leisure activities like paddleboarding.
http://instagr.am/p/Bzo6o2kA1Wu
TMZ reported that he was learning how to steer a boat on the lake at the end of August, too.
Zuckerberg then left his luxurious camp-like Tahoe compound for a different kind of camp: "Summer camp for billionaires" in Sun Valley, Idaho.
Every July, Allen & Co. hosts a weeklong conference at the Sun Valley Resort in Idaho for some of the world's leading minds in business, media, finance, and technology.
With Jeff Bezos, Tim Cook, and some of the world's most powerful businesspeople in attendance, it's no wonder the invite-only getaway is referred to as "summer camp for billionaires."
He was spotted smiling and lathering on sunscreen at the conference the same day that news broke that the FTC had approved a $5 billion settlement against Facebook.
While at the conference, news broke that the FTC would require Facebook to pay a record-breaking $5 billion penalty for its privacy issues. Zuckerberg was free to continue enjoying Sun Valley because Facebook generates $5 billion every 49 days.
In August, Zuckerberg spent some time on Kaua'i Island in Hawaii, where he owns multiple properties.
As Business Insider previously reported, he paid $100 million for 750 acres of property on the North Shore, which includes a former sugarcane plantation and a white-sand beach. He also purchased additional land on the island in 2017 for $45 million. This land was actually approved for 80 homes, but Zuckerberg plans on just one, giving the family extreme privacy.
Professional surfer Kai Lenny taught him how to tow-in surf off the incredibly private beach on the North Shore.
http://instagr.am/p/B1UGhU0ADO2
Zuckerberg even got to put his own film skills to the test. An afternoon learning a new water sport from a pro was an adventurous yet casual way to wrap up the billionaire's summer.
http://instagr.am/p/B1UPQ7jhc2E