Sheryl Sandberg Net Worth: How Did She Become Rich?

Sheryl Kara Sandberg is an American corporate executive, billionaire, and philanthropist. She was born on August 28, 1969, in the United States.

Sandberg is now serving as the chief operating officer (COO) of Meta Platforms; however, on June 1, 2022, she made the announcement that she will be resigning from this post in the fall of 2022.

Additionally, she is the founder of the organization LeanIn.Org. She was promoted to the position of Chief Operating Officer at Facebook in 2008, making her the company’s second-highest ranked executive.

She became the first woman to ever hold a position on the board of directors of Facebook when she was elected to the board in June of 2012. Sandberg is credited with turning the company into a profitable venture because she oversaw the advertising division of the corporation.

Childhood and Early Years of Education

Sandberg was the eldest of three children and the daughter of Adele and Joel Sandberg. She was born in Washington, District of Columbia, in 1969 to a Jewish family and was the oldest of the three children. Her mother was a professor of French at a college while she was pregnant with her, and her father is an ophthalmologist.

When she was just two years old, her family made the journey from California to North Miami Beach, Florida. She received her diploma from North Miami Beach High School in 1987 when she was placed ninth overall in the class from which she had graduated.

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She served as the president of the sophomore class, was inducted into the National Honor Society, and was a member of the executive board for the senior class. In the 1980s, when Sandberg was still in high school, she worked as an aerobics instructor.

In 1987, Sandberg enrolled at Harvard College. She received the John H. Williams Prize in economics for being the most outstanding graduate student in economics when she graduated in 1991 with a Bachelor of Arts in economics, finishing with summa cum laude and Phi Beta Kappa.

While she was a student at Harvard, she helped establish a group that is now known as Women in Economics and Government. She also became acquainted with Professor Lawrence Summers, who wound up serving as both her guide and her thesis adviser.

Summers hired her as his research assistant at the World Bank, where she spent around one year working on health initiatives in India dealing with leprosy, AIDS, and blindness. Summers was the one who recruited her for the position.

She began her studies at Harvard Business School in 1993 and graduated with a Master of Business Administration and the school’s highest honors in 1995. She was awarded a fellowship during the first year of business school she attended.

Criticism

In 2018, a report was published by The New York Times that detailed Sandberg’s role in handling Facebook’s public relations after revelations of Russian interference in the 2016 United States elections and its Cambridge Analytica data scandal.

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The report was published in the context of the company’s response to these events. Soon after, on November 29, 2018, The New York Times reported that Sandberg had personally asked Facebook’s communications staff to conduct research into

George Soros’s finances days after Soros publicly criticized tech companies, including Facebook, at the World Economic Forum. This news came just days after Soros had publicly criticized tech companies, including Facebook, at the World Economic Forum.

Facebook said in a statement that its investigation into Soros “was already ongoing when Sheryl [Sandberg] wrote an email asking if Mr. Soros had shorted Facebook’s stock.

The Wall Street Journal reports that during a meeting, Mark Zuckerberg blamed Sheryl Sandberg personally for the outcome of the Cambridge Analytica scandal. The article states that Zuckerberg “blamed her and her teams for the public fallout over Cambridge Analytica.

Sandberg “confessed to friends that the exchange rattled her, and she wondered if she should be worried about her job. Sandberg was referred to as “the Typhoid Mary of surveillance capitalism” by the author Shoshana Zuboff.

What Is Sheryl Sandberg’s Net Worth?

Sheryl Sandberg is an American businesswoman who is currently worth $1.8 billion, according to recent estimates. Facebook’s Chief Operating Officer is Sandberg. COO is an abbreviation for “Chief Operating Officer.
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She is considered to be one of the most influential persons on the planet, and the majority of her wealth is attributable to the stock holdings she owns in Facebook and other firms. She had a successful political career and worked as an executive at Google before she started working for Facebook.

Boards

Sandberg was appointed to The Walt Disney Company‘s board of directors in the year 2009. In addition, she is a board member for Women International, V-Day, and the Center for Global Development.

In 2008, Sandberg defended her mentor, Larry Summers, in a piece that she penned for The Huffington Post. Summers had come under scrutiny for his statements on women at the time. In 2010, she delivered a speech that was the focal point of the Jewish Community Federation’s Business Leadership Council.

During the month of December 2010, she delivered a TED talk titled “Why we have too few women leaders.” In May 2011, she was asked to deliver the Commencement Address at the graduation ceremony held by Barnard College.

In May of 2012, she addressed the audience as the featured speaker for the Class Day ceremony held at the Harvard Business School. During the second annual Entrepreneur Weekend that took place at Colgate University in Hamilton, New York, in April 2013, she was a featured speaker and delivered the keynote address.

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In 2015, she signed an open letter that the ONE Campaign had been collecting signatures for; the letter was addressed to Angela Merkel and Nkosazana Dlamini-Zuma, and it urged them to focus on women as they serve as the head of the G7 in Germany and the AU in South Africa respectively.

These leaders will start to set the priorities in development funding before the main UN summit in September 2015 that will establish new development goals for the generation. In 2015, she also participated in the ONE Campaign At the University of California.

Berkeley’s graduation ceremony in 2016, she delivered the Commencement Address. It was the first time she had spoken publicly about the passing of her spouse, and she emphasized the significance of maintaining a positive attitude.

Conclusion

The following year, she addressed the graduating class of 2017 at Virginia Tech as part of her Commencement duties. In Cambridge, Massachusetts, on the 8th of June 2018, she delivered the Commencement Address for the Massachusetts Institute of Technology.

In addition to that, she has served on the board of advisors for the Peter G. Peterson Foundation.