Mark Pincus Net Worth Wiki, Height, Biography, Wife, Children And Early Life

Mark Pincus Net Worth

Mark Pincus Net Worth: Mark Pincus is an entrepreneur with a net worth of $425 million. As the co-founder and CEO of Zynga, and founder of Tribe Networks, Freeloader Inc. and SupportSoft, among other commercial ventures, Mark Pincus has amassed his net worth. He was born in Chicago, Illinois. Before Zynga Pincus was founded, he had a net worth of $30 million thanks to his savvy early investments in the tech industry. He owns a beautiful San Francisco house, a bulldog (named Zinga), and even a private jet. But apparently that wasn’t enough, as the restless tech genius went on to create what was once considered the world’s hottest tech startup, Zynga. Zynga went public on December 16, 2011. Shares peaked at $14 per share in March 2012, valuing the company at $6.5 billion. Unfortunately, the rest of 2012 wasn’t kind to Zynga, with its price plummeting to $3 a share and a market cap of $2.4 billion. The sharp drop in the share price caused Mark Pincus’ net worth to drop from more than $1.8 billion to $425 million. Of that $425 million, $212 million came from an early investment in Facebook, which also had a rough year on the public markets. Zynga is working to turn around its long list of social games like Mafia Wars, Farmville and Texas-Hold-Em Poker. Zynga still claims more than 265 monthly active users play their games and buy the virtual goods that make the company rich.

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