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Mark Zuckerberg is an American computer programmer and businessperson, the co-founder of the social networking website Facebook.Com and is the CEO of Facebook, Inc.
At present Facebook is one of the biggest and fastest growing social network, the most trafficked and well-known sites on the internet .
The social networking website Facebook has helped revolutionize the way people and businesses interact and connect with each other online.
Today Mark Zuckerberg is the youngest billionaire on earth and his net worth is US $55.3 billion as of October 2016
Users can create profiles with photos, lists of personal interests, contact information and other personal information. Distinctive feature and competitive advantage of Facebok: everyone can choose the details he wants to share and everyone choose whom he wants to share with.
Most of Facebook's revenues comes from advertising. Revenue in 2009 was US$800 million. On 2010 Facebook has approximately 1700 employees and offices in eight countries.
Mark Zuckerberg as the CEO of Facebook, is responsible for setting the overall direction and product strategy for the company. He leads the design of Facebook's service and development of its core technology and infrastructure.
Individual style. Zuckerberg "clearly thinks of himself as a hacker" and says hacking isn't about "breaking and entering," it's about "being unafraid to break things in order to make them better ". The idea is that you can build something really good in a night, it’s definitely very core to my personality, - said Mark.
Charity. On 22 September 2010, Zuckerberg donated $100 million to the Newark Public School System to help renovate and revamp the system.
In October 2014, Zuckerberg and his wife Priscilla Chan donated $25 million to combat the ebola virus disease.on December 1, 2015, they announced the birth of their daughter Max, and promised to give 99% of their Facebook shares to the Chan Zuckerberg Initiative, which aims to "advance human potential and promote equality in areas such as health, education, scientific research and energy".
Youngest billionaire on earth.
In 2008, Forbes Magazine declared him 'the youngest billionaire on earth and the youngest self-made billionaire ever, at the age of 24 with an estimated net worth of $1.5 billion USD.
He is a billionaire due to his 24% share of Facebook. According to Forbes magazine, Zuckerberg is worth approximately $55.3 billion.
In 2002 Zuckerberg attended the world famous Harvard University, where he continued creating his dream projects. His early project, Coursematch, allowed students to view lists of other students enrolled in the same classes. On October 28, 2003 he wrote Facemash, the predecessor to Facebook, that pulled photos of current students from a Harvard University database.
Mark Zuckerberg created the technical platform for what became Facebook and launched Facebook from his Harvard dorm room on February 15, 2004 with roomates Dustin Moskovitz, Chris Hughes and Eduardo Saverin.
This site took the goals of those lower-case traditional facebooks and combined them with the social networking of Myspace-like sites.
Any Harvard student could create an account, and by the end of the month, more than two-thirds of the school's students had done so.
Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate Dustin Moskovitz.
They expanded the service quickly, offering it to all Ivy League schools, Stanford, New York University and schools in the Boston area by the end of the spring.
Soon they successfully extended their website to more that 46 local institutes.
After his sophomore year, Zuckerberg dropped out of college to devote himself to Facebook full time, moving the company to Palo Alto, California.
Zuckerberg moved to California with Dustin Moskovitz, his girlfriend, Priscilla Chan, and some friends during the summer of 2004.
Over the summer, Zuckerberg met co-founder PayPal and successful venture capitalist Peter Thiel, who invested in the Facebook and made a $500,000 angel investment in Facebook for 5.2% of the company.
They got their first office - a small house on University Avenue in downtown Palo Alto a few months later. The Facebook offices now occupy four downtown buildings.
Zuckerberg created the Wirehog site as a companion filesharing site for Facebook users, and by the end of 2004, The Facebook had over one million registered users.
In 2005, Zuckerberg's enterprise got a huge boost from the venture capital firm Accel Partners. Accel invested $12.7 million into the company.
Soon adding high school and international schools, Facebook had more than 5.5 million users in December 2005.
Since fall of 2006, the site has been open to anyone who wishes to join.
The most significant turning point for Facebook.com was remarked on 24th October 2007 when Bill Gate’s company Microsoft Corporation decided to invest in Facebook and purchased a 1.6% stake in the company for $240 million.
Zuckerberg turned down offers from Yahoo! and MTV Networks to sell Facebook, and he has focused on growing the site, continuously adding more different features to it. The company has opened up the site to outside developers, allowing them to offer their games through Facebook.
On July 21, 2010, Zuckerberg reported on the Facebook blog that the company reached the 500 million-user mark and eight hundred and seventy-nine of them are his friends.
When he was 14 years old Mark attended Ardsley High School (1998-2000) in his home town in New York.
In high school he began teaching himself how to write software and created some computer programs, especially communication tools and computer games. He also created a messaging program to be used in his father's dental office.
Since 2000 Mark studied at Phillips Exeter Academy, in New Hampshire, which is boarding school for grades 9–12 (2000-2002). There, he studied Latin and became a fan of the classics. There he showed some talent at fencing, becoming the captain of the school's team. There, he was known for reciting lines from epic poems such as The Iliad.In Academy Mark continued to work on developing new computer programs.
Microsoft and AOL tried to recruit Zuckerberg, but he instead, after graduating from Exeter in the fall of 2002, attended the world famous Harvard University, where he studied computer science and psychology.
Mark remains a wary and private person. He doesn’t like to speak to the press. He is simultaneously shy and cocky, private and energetic, he thoughtful and ironic, introspective and self-critical.
Mark is red-green colorblind, which means the color he can see best is blue color that dominates the Facebook website.
Zuckerberg doesn't seem to care that much about money and luxury. He hasn't sold Facebook despite the fact that he's reportedly been offered at least $1 billion for it. He said, 'It's not about the price. This is my baby, and I want to keep running it, I want to keep growing it'".
In his sophomore year at Harvard around 2003, he met his future fiancee, medical student Priscilla Chan (b. February 24, 1985), a Chinese-American from the Boston. Priscilla Chan was the daughter of Chinese-Vietnamese refugees, who arrived in the U.S. after the Fall of Saigon in 1975. She was the girl with delicate and pretty features. Later Zuckerberg persuaded her to come to California.
Mark and Chan began dating in 2003. They married on May 19, 2012, an event that also celebrated her graduation from medical school of the University of California, San Francisco and on day after Facebook's stock market launch. On December 1, Zuckerberg announced the birth of his first child, Maxima Chan Zuckerberg ("Max"), (Chinese name Chén Míngyǔ).
On July 14, 2009, author Ben Mezrich released his novel The Accidental Billionaires, inspired the story of Facebook founding and the severing of the friendship between Zuckerberg and Edouardo Saverin, who was a consultant for Mezrich's book. The story became a David Fincher film, The Social Network (2010). Actor Jesse Eisenberg plays Zuckerberg in the film, which does not portray the young entrepreneur in the most favorable light.Moreover no staff members of Facebook, including Zuckerberg, was involved with the project. Mark said, that the 'Social Network' gets everything about his character wrong, apart from his geeky clothes. According to Mark the biggest difference between the movie and real life stems from the fact that movie-makers “can’t wrap their head around the idea that someone might build something because they like building things.”
Zuckerberg said, that he is trying to make the world a more open and honest place, where people share details about themselves with the world.