Mark Elliot Zuckerberg, who was born on May-14-1984 is an American computer programmer and Internet entrepreneur. He is best known as one of five co-founders of the social networking website Facebook. Zuckerberg is the chairman and chief executive of Facebook, Inc.His personal wealth, as of March 2015, is estimated to be $35.1 billion.Zuckerberg receives a one-dollar salary as CEO of Facebook,as well as one of the world's youngest billionaires.
Mark Elliot Zuckerberg is from a comfortable, well-educated family, and raised in the nearby village of Dobbs Ferry. His father, Edward Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked as a psychiatrist before the birth of the couple's four children—Mark, Randi, Donna and Arielle.
Zuckerberg developed an interest in computers at an early age; when he was about 12, he used Atari BASIC to create a messaging program he named "Zucknet." His father used the program in his dental office, so that the receptionist could inform him of a new patient without yelling across the room. The family also used Zucknet to communicate within the house. Together with his friends, he also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."
To keep up with Mark's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Mark. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.
Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics. Yet Zuckerberg remained fascinated by computers, and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse. Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.
After graduating from Exeter in 2002, Zuckerberg enrolled at Harvard University. By his sophomore year at the ivy league institution, he had developed a reputation as the go-to software developer on campus. It was at that time that he built a program called CourseMatch, which helped students choose their classes based on the course selections of other users. He also invented Facemash, which compared the pictures of two students on campus and allowed users to vote on which one was more attractive. The program became wildly popular, but was later shut down by the school administration after it was deemed inappropriate.
Based on the buzz of his previous projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking site they called Harvard Connection. This site was designed to use information from Harvard's student networks in order to create a dating site for the Harvard elite. Zuckerberg agreed to help with the project, but soon dropped out to work on his own social networking site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin.
Zuckerberg and his friends created a site that allowed users to create their own profiles, upload photos, and communicate with other users. The group ran the site—first called The Facebook—out of a dorm room at Harvard until June 2004. After his sophomore year, Zuckerberg dropped out of college to devote himself to Facebook full time, moving the company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.
Career with Facebook
After Zuckerberg moved to Palo Alto, California with Moskovitz and some friends, they leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office in mid-2004. According to Zuckerberg, the group planned to return to Harvard but eventually decided to remain in California.They had already turned down offers by major corporations to buy the company. In an interview in 2007, Zuckerberg explained his reasoning: "It's not because of the amount of money. For me and my colleagues, the most important thing is that we create an open information flow for people. Having media corporations owned by conglomerates is just not an attractive idea to me."
He restated these goals to Wired magazine in 2010: "The thing I really care about is the mission, making the world open."Earlier, in April 2009, Zuckerberg sought the advice of former Netscape CFO Peter Currie about financing strategies for Facebook.On July 21, 2010, Zuckerberg reported that the company reached the 500 million-user mark.When asked whether Facebook could earn more income from advertising as a result of its phenomenal growth, he explained:
I guess we could..... If you look at how much of our page is taken up with ads compared to the average search query. The average for us is a little less than 10 percent of the pages and the average for search is about 20 percent taken up with ads..... That's the simplest thing we could do. But we aren't like that. We make enough money. Right, I mean, we are keeping things running; we are growing at the rate we want to.
In 2010, Steven Levy, who wrote the 1984 book Hackers: Heroes of the Computer Revolution, wrote that Zuckerberg "clearly thinks of himself as a hacker". Zuckerberg said that "it's OK to break things" "to make them better". Facebook instituted "hackathons" held every six to eight weeks where participants would have one night to conceive of and complete a project.The company provided music, food, and beer at the hackathons, and many Facebook staff members, including Zuckerberg, regularly attended."The idea is that you can build something really good in a night", Zuckerberg told Levy. "And that's part of the personality of Facebook now..... It's definitely very core to my personality."
Vanity Fair magazine named Zuckerberg number 1 on its 2010 list of the Top 100 "most influential people of the Information Age".Zuckerberg ranked number 23 on the Vanity Fair 100 list in 2009.In 2010, Zuckerberg was chosen as number 16 in New Statesman's annual survey of the world's 50 most influential figures.
In a 2011 interview with PBS after the death of Steve Jobs, Zuckerberg said that Jobs had advised him on how to create a management team at Facebook that was "focused on building as high quality and good things as you are".
On October 1, 2012, Zuckerberg visited Russian Prime Minister Dmitry Medvedev in Moscow to stimulate social media innovation in Russia and to boost Facebook's position in the Russian market.Russia's communications minister tweeted that Prime Minister Dmitry Medvedev urged the social media giant's founder to abandon plans to lure away Russian programmers and instead consider opening a research center in Moscow. In 2012, Facebook had roughly 9 million users in Russia, while domestic clone VK had around 34 million.Rebecca Van Dyck, Facebook's head of consumer marketing, claimed that 85 million American Facebook users were exposed to the first day of the Home promotional campaign on April 6, 2013.
On August 19, 2013, the Washington Post reported that Zuckerberg's Facebook profile was hacked by an unemployed web developer.
At the 2013 TechCrunch Disrupt conference, held in September, Zuckerberg stated that he is working towards registering the 5 billion humans who were not connected to the Internet as of the conference on Facebook. Zuckerberg then explained that this is intertwined with the aim of the Internet.org project, whereby Facebook, with the support of other technology companies, seeks to increase the number of people connected to the internet.
Zuckerberg was the keynote speaker at the 2014 Mobile World Congress (MWC), held in Barcelona, Spain, in March 2014, which was attended by 75,000 delegates. Various media sources highlighted the connection between Facebook's focus on mobile technology and Zuckerberg's speech, claiming that mobile represents the future of the company.Zuckerberg's speech expands upon the goal that he raised at the TechCrunch conference in September 2013, whereby he is working towards expanding Internet coverage into developing countries.
Alongside other American technology figures like Jeff Bezos and Tim Cook, Zuckerberg hosted visiting Chinese politician Lu Wei, known as the "Internet czar" for his influence in the enforcement of China's online policy, at Facebook's headquarters on December 8, 2014. The meeting occurred after Zuckerberg participated in a Q&A session at Tsinghua University in Beijing, China, on October 23, 2014, where he attempted to converse in Mandarin Chinese—although Facebook is banned in China, Zuckerberg is highly regarded among the people and was at the university to help fuel the nation's burgeoning entrepreneur sector.
Zuckerberg fielded questions during a live Q&A session at the company's headquarters in Menlo Park on December 11, 2014. The founder and CEO explained that he does not believe Facebook is a waste of time because it facilitates social engagement, and participating in a public session was so that he could "learn how to better serve the community".
In a public Facebook post, Zuckerberg launched the Internet.org project in late August 2013. Zuckerberg explained that the primary aim of the initiative is to provide Internet access to the 5 billion people who are not connected as of the launch date. Using a three-tier strategy, Internet.org will also create new jobs and open up new markets, according to Zuckerberg. He stated in his post:
The world economy is going through a massive transition right now. The knowledge economy is the future. By bringing everyone online, we'll not only improve billions of lives, but we'll also improve our own as we benefit from the ideas and productivity they contribute to the world. Giving everyone the opportunity to connect is the foundation for enabling the knowledge economy. It is not the only thing we need to do, but it's a fundamental and necessary step, it was suggested to me by Manish Mudgal.
Mark Zuckerberg in Billionaires List
Facebook cofounder and CEO Mark Zuckerberg has led his social network to new heights, even as some younger users have grown tired of it. Revenue grew 58% in 2014 to $12.5 billion, supported by a jump in mobile ads. Some 1.4 billion people around the globe are on Facebook, and those users are watching 3 billion videos a day on the site. Its Instagram unit has more than 300 million users, while mobile messaging app WhatsApp, which it purchased for $19 billion in cash and stock in 2014, has 700 million users and is growing. Zuckerberg is aiming to turn virtual reality headset maker Oculus VR, for which it paid $2 billion in 2014, into a next generation computing platform. First, however, Oculus has to come out with a product. On the personal front, in October 2014 Zuckerberg plunked down $100 million for 700 acres in Hawaii on Kauai's north shore, sources told Forbes. Zuckerberg is also philanthropically active: he and his wife Priscilla Chan committed $25 million to fight Ebola in October 2014 and $75 million to a new trauma center at San Francisco General Hospital in February 2015.
At a party put on by his fraternity during his sophomore year, Zuckerberg met Priscilla Chan,a fellow student whom he began dating in 2003. Chan is the daughter of Chinese-Vietnamese refugees, who arrived in the U.S. after the Fall of Saigon.She was born in Braintree, Massachusetts, a suburb of Boston, and is a 2003 graduate of Quincy High School.
In September 2010, Zuckerberg invited Chan, by then a medical student at the University of California, San Francisco,to move into his rented Palo Alto house. Zuckerberg studied Mandarin in preparation for the couple's visit to the People's Republic of China in December 2010.On May 19, 2012, Zuckerberg and Chan married in Zuckerberg's backyard in an event that also celebrated her graduation from medical school.
Time Person of the Year 2010