Introduction

Moskovitz is the co-founder of Facebook, the world’s largest social networking company and one of its largest individual shareholders after Mark Zuckerberg. 

The business based in Menlo Park, California, has more than 2 billion active monthly users and had revenues of $ 56 billion in 2018. It is co-owner of Asana, a provider of task management software.

He is not quite Mark Zuckerberg. However, having helped to build Facebook, the world-popular social media platform, Dustin Moskovitz’s net worth is incredibly high.

Early Life

Dustin was born on May 22, 1984, in Gainesville, Florida, USA. He is an American citizen and is of Jewish ethnicity.

Dustin birth name is Dustin Aaron Moskovitz. He grew up in Ocala, Florida with his parents. His father was a psychiatrist, and his mother was a teacher and artist.

Dustin graduated from Vanguard High School when he grew up in Florida. He continued with the IB Diploma Program followed by economics at Harvard University. 

However, 2 years after attending college, he took a year off and moved to Palo Alta in California, where he started working full time on the Facebook project.

Career

Dustin Moskovitz became the youngest billionaire himself in the world in 2012. That was thanks to his involvement in the early development of the social networking network Facebook in the mid-2000s.

The platform is now one of the ten most valuable companies in the world. Its market capitalization is $ 540.81 billion as of May 2019. 

As expected, the net worth of Dustin Moskovitz has benefited from the incredible increase of the social network from the bedroom project to the global company.

Moskovitz owes his newfound wealth to luck. If he had not found himself sharing a room with the Mark Zuckerberg technology icon at Harvard, he would never have been part of the Facebook project.

The Facebook co-founder joined the project as it expanded from an exclusive Harvard site to other university campuses across the United States. 

Moskovitz was so enthusiastic about being part of the Facebook project that he learned to program throughout the weekend.

Asana and Path: In 2008, Moskovitz left Facebook to found the company Asana with software programmer Justin Rosenstein, who had worked at Google and had been an engineering manager at Facebook. Asana, which was launched commercially in 2012 after a free beta run in 2011, is a web and mobile application designed to assist teams in tracking, organizing, and managing their workflows. It allows teams to create projects and deadlines, assign work, and communicate about tasks, and also includes tools such as calendars and file attachments. In 2019, the company had revenue of $142 million and a valuation of $1.5 billion.

In addition to Asana, Moskovitz was the biggest angel investor in Path, a mobile photo-sharing and messaging service co-founded by Shawn Fanning and former Facebook executive Dave Morin. The service launched in 2010. In 2011, Google made a $100 million offer to the company, which Moskovitz advised Morin to reject. Later, in 2015, Path was acquired by the South Korean internet company Kakao for an undisclosed sum; in 2018, it announced that its services would be terminated.

Philanthropy: Beyond his corporate entrepreneurship, Moskovitz has been involved in several philanthropic causes. In 2011, with his then-girlfriend and future wife Cari Tuna, he cofounded the altruistic foundation Good Ventures. Rather than serve as a foundation in perpetuity, Moskovitz and Tuna designed Good Ventures to spend out most of its money before the two passed away. The organization is closely partnered with the charity evaluator GiveWell, which helps it decide the best avenues for spending money. Since 2011, Good Ventures has donated around $100 million to GiveWell charities including the Schistosomiasis Control Initiative, the Against Malaria Foundation, and the Deworm the World Initiative.

In 2017, the collaboration between Good Ventures and GiveWell led to the formation of the Open Philanthropy Project, now simply called Open Philanthropy. Founded by Moskovitz, Tuna, and Holden Karnofsky, it’s a research and grant-making foundation that identifies important giving opportunities and openly shares its findings online. In 2018 alone, Open Philanthropy gave over $170 million in grants. On top of this, Moskovitz and Tuna have signed Bill Gates and Warren Buffet’s Giving Pledge, and are the youngest couple to do so. The Pledge commits billionaires to give away the majority of their wealth through philanthropy.

Personal life

Moskovitz is married to Cari Tuna, a reporter at the Wall Street Journal’s San Francisco bureau. The two met in 2009 on a blind date, which had been arranged by a friend of Tuna. The pair are known to regularly attend the Burning Man festival.

Highlights

• Dustin Moskovitz aided to launch Facebook in 2004 with his roommate Mark Zuckerberg from his Harvard residence.

• Dustin co-founded Asana, a workflow software company after leaving the social network in 2008. The majority of your net worth comes from your 3% stake in Facebook.

• He is the great-grandson of immigrants from Russia and Poland and opposed Trump in the 2016 elections.

• Moskovitz and tuna are also the main sponsors of the Open Philanthropy Project, an LLC organization that advises donors and awards grants.

Net worth

Much of the value of Moskovitz still comes from the Facebook shares he received for the time he spent at the company. 

Forbes reported that Moskovitz is the youngest self-service billionaire in history, based on his 3% stake in Facebook.

Along with the value of your new company, Dustin Moskovitz’s Real Time Net Worth is $ 12.4 billion about to Forbes. It is much less than the $ 70.5 b Real Time Net Worth of Zuckerberg as of May 2019, but it is still impressive for someone who unsuccessfully ran into Facebook’s story.

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