Joining Facebook as its Chief Operating Officer, it wouldn’t be wrong in saying that Sheryl Sandberg has been instrumental in taking Facebook and its then kid CEO to much stable and mature levels.
The social network boasts of over 845 million monthly users, out of which, more than half of users log in to Facebook daily. From mentoring and guiding founder Mark Zuckerberg to developing crucial alliances to boost revenues, Sheryl Sandberg has definitely earned the $30.87 million she received as pay in 2011.
Ms.Sandberg is said to hold 1.9 million shares in Facebook which will take her net worth to $2.7 billion after the Facebook IPO. While Oprah might still retain the wealthiest self made woman with a net worth of $2.7 billion, Sandberg would have knocked off Meg Whitman from the second slot. Ms.Sandberg , who is authorised to use private jet for business purposes might vacate her $8million home and move into their recently bought home near Facebook’s headquarters at 1, Hacker Way in Menlo Park.
Sheryl Sandberg holds a BA in Economics and an MBA with the highest distinction from Harvard University, and had worked for Google before joining Facebook. She is considered one of the most powerful business personalities in the world today with deep connections in the business and political circles. Sheryl Sandberg had even hosted a fundraising event for President Obama last year. A management consultant at McKinsey & Company, she later became a chief of staff for Larry Summers, who was U.S. Secretary of the Treasury under President Bill Clinton. Larry Summers was her professor at Harvard.