Occupation: internet entrepreneur and philanthropist
Birthday: May 14, 1984
Birthplace: White Plains, New York, U.S.
College: Harvard (dropout)
Nationality: United States
Birth Sign: Taurus
Mark Elliot Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Meta Platforms, Inc. and serves as its chairman, chief executive officer, and controlling shareholder.
Mark Elliot Zuckerberg was the son of psychiatrist Karen and dentist Edward Zuckerberg. He and his three sisters (Arielle, businesswoman Randi, and writer Donna) were raised in a Reform Jewish household in Dobbs Ferry, New York. His great-grandparents were Jewish emigrants from Austria, Germany, and Poland. He had a Star Wars-themed bar mitzvah when he turned 13. He excelled academically at Ardsley High School in Ardsley, New York. After two years, he transferred to the private Phillips Exeter Academy and won prizes in astronomy, classical studies, mathematics, and physics. In his youth, he also attended Johns Hopkins University’s Center for Talented Youth summer camp. On his college application, he stated that he could read and write Ancient Greek, French, Hebrew, and Latin. He was captain of the fencing team.
Mark Zuckerberg’s Career
Software Developer Early Years
Zuckerberg began using computers and writing software in middle school. His father taught him Atari BASIC Programming in the 1990s, and later hired software developer David Newman to tutor him privately.
In one program, he built a software program he called “ZuckNet” that allowed all the computers between the house and dental office to communicate with each other. It is considered a “primitive” version of AOL‘s Instant Messenger, which came out the following year.
A New Yorker profile said of Zuckerberg: “some kids played computer games. Mark created them.” Zuckerberg himself recalls this period: “I had a bunch of friends who were artists. They’d come over, draw stuff, and I’d build a game out of it.”
During Zuckerberg’s high-school years, he worked under the company name Intelligent Media Group to build a music player called the Synapse Media Player. The device used machine learning to learn the user’s listening habits.
By the time Zuckerberg began classes at Harvard in 2002, he had already achieved a “reputation as a programming prodigy”. He studied psychology and computer science and belonged to Alpha Epsilon Pi and Kirkland House.
In his sophomore year, he wrote a program that he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best-looking person from a choice of photos. According to Arie Hasit, Zuckerberg’s roommate at the time, “he built the site for fun”.
The site went up over a weekend, but by Monday morning, the college shut it down, because its popularity had overwhelmed one of Harvard’s network switches and prevented students from accessing the Internet.
The following semester, in January 2004, Zuckerberg began writing code for a new website. On February 4, 2004, Zuckerberg launched “Thefacebook”, originally located at thefacebook.com.
Six days after the site launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com, while he was instead using their ideas to build a competing product.
Following the official launch of the Facebook social media platform, the three filed a lawsuit against Zuckerberg that resulted in a settlement. The agreed settlement was for 1.2 million Facebook shares.
Zuckerberg dropped out of Harvard in his sophomore year in order to complete his project
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.”
Zuckerberg famously said that “it’s OK to break things” “to make them better”.
In a 2011 interview with PBS shortly 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”
Zuckerberg receives a one-dollar salary as CEO of Facebook. In June 2016, Zuckerberg claimed he and his wife “pledged to give away 99% of their wealth — which is estimated at $55.0 billion.”
Facebook’s companies included:
Facebook changed their name to Meta in 2021.
A month after Zuckerberg launched Facebook in February 2004, i2hub, another campus-only service, created by Wayne Chang, was launched. i2hub focused on peer-to-peer file sharing. At the time, both i2hub and Facebook were gaining the attention of the press and growing rapidly in users and publicity. In August 2004, Zuckerberg, Andrew McCollum, Adam D’Angelo, and Sean Parker launched a competing peer-to-peer file sharing service called Wirehog, a precursor to Facebook Platform applications.
Platform, Beacon, and Connect
On May 24, 2007, Zuckerberg announced Facebook Platform, a development platform for programmers to create social applications within Facebook. Within weeks, many applications had been built and some already had millions of users. It grew to more than 800,000 developers around the world building applications for Facebook Platform.
On November 6, 2007, Zuckerberg announced Beacon, a social advertising system that enabled people to share information with their Facebook friends based on their browsing activities on other sites. For example, eBay sellers could let friends know automatically what they have for sale via the Facebook news feed as they listed items for sale.
In a public Facebook post, Zuckerberg launched the Internet.org project in late August 2013. He explained that the primary aim of the initiative is to provide Internet access to the five billion people who are not connected as of the launch date. According to Zuckerberg, Internet.org would also create new jobs and open up new markets using a three-tier strategy.
Internet.org was shut down in India in February 2016.
Mark Zuckerberg’s Net Worth: $120 Billion
Most of Zuckerberg’s fortune is derived from his 13% stake in Facebook, now called Meta. But he doesn’t make a large salary — in fact, his take-home pay is just $1.