You cannot talk about the rich and powerful in the world today without Sheryl Sandberg’s name creeping up in that conversation. She is a renowned businesswoman, technology executive, and bestselling author who has had the chance to work for some of the biggest tech organizations in the world. She has spent the last 10 years serving as the chief operating officer for Facebook and also sits on the company’s board of directors. In view of that, it is no surprise that Sheryl Sandberg’s net worth is a subject of interest for many. How much does she make as the COO of Facebook? Let’s find out together.
How Sheryl Sandberg Spent Her Early Life
The Facebook COO was born on the 28th of August 1969, in Washington D.C. Her family is Jewish and her parents are named Joel and Adele Sandberg. Sheryl’s father works as an ophthalmologist while her mother used to teach French at the college level before quitting her job to raise her and her younger siblings: David and Michelle.
When she was two years old, her family relocated to North Miami Beach, Florida where she spent most of her growing years. In high school, Sheryl consistently came top of the class and was the ninth-best graduating student in her set. She began her undergraduate studies at Harvard in 1987, graduating with honors and a degree in economics.
Shortly after graduation, her professor and mentor Larry Summers, hired her to serve as his research assistant on projects he was working on with the World Bank. Sheryl spent a year in this capacity before returning to earn her MBA at Harvard Business School. She bagged a prestigious fellowship in her first year.
Before we discuss Sheryl Sandberg’s net worth, let’s take a look at the things she has been able to accomplish in her career thus far.
Upon completing her studies in business school, Sheryl went to work for McKinsey & Company as a management consultant. A year later she went to work for Larry Summers once again, serving in the United States Treasury from 1996 to 2001. After the Republican party ascended to the White House, she left her position to go work for Google. While there, she was in charge of sales operations for consumer products and she helped grow the advertising and sales team from just four staff members to 4000.
She served as the vice president of global online sales and operations and was one of the key personnel at the organization responsible for establishing Google.org, the nonprofit arm of the company, as well as a huge portion of the growth of sales and revenue for consumer-facing products and other services that Google offered around the world. Sheryl has also worked for the United States government during the Clinton administration. Time Magazine named her one of their 100 most influential people in the world in 2012.
The accomplished business mogul is the founder of Leanin.org, a non-profit organization established for the purpose of inspiring and empowering women to achieve their goals through community work, education, and networking. Sheryl is the author of the bestselling books Lean In: Women, Work, and the Will to Lead, which has sold over 4 million copies, and Option B: Facing Diversity, Building Resilience, and Finding Joy. She has been appointed to serve on the boards of various organizations such as The Walt Disney Company, Center for Global Development, V-Day, and Women for Women International.
Her exceptional brilliance and influence in the world of technology and business have led to her being invited to speak at global forums and share her thoughts with leaders from all over the world. Sheryl was one of the leading female voices behind the campaign #banbossy alongside Condoleezza Rice, Beyonce, and Jennifer Garner. The campaign was launched to encourage more women and girls to pursue leadership roles. In 2018, several prestigious magazines including Forbes, Fortune, and The Wall Street Journal named her one of the most powerful and influential women in the world.
Sheryl Sandberg’s Net Worth and What She Earns As Facebook COO
Sheryl Sandberg Facebook joined in March 2008 after Mark Zuckerberg offered her a job when they met at a Christmas party. She proved to be what the company needed to really shine as she helped make them profitable. At the time she joined, Facebook was operating at an annual loss of $56 million, but as of 2018, the company was making $22.1 billion in profits.
As COO, she is in charge of business operations ranging from sales to business development, marketing, communications, public policy, and human resources. Sheryl earns $25.2 million annually as salary for her work at Facebook. She is the 12th wealthiest woman in America as of 2019. She has a whopping net worth of $1.7 billion, which is expected to increase as the prices of the shares she owns grow higher and her other business investments yield profits.