Mark Zuckerberg is the Founder & CEO of Facebook, the number one social media platform. Zuckerberg is one of the richest people in the world and he’s also the youngest to appear on the top 20 richest list. In 2018, Mark Zuckerberg’s net worth is estimated to be $77.6 billion. Not bad for a 33-year-old guy right?
Table of Contents
Mark Zuckerberg was born in White Plains, New York on the 14th of May, 1984. Mark was raised with his three sisters, Randi, Donna, and Arielle, in Dobbs Ferry, New York, which is a small Westchester County village just North of Midtown Manhattan.
At school, first a public high school and then the prestigious Phillips Exeter Academy, Zuckerberg excelled academically, winning prizes in mathematics, astronomy, physics, and languages.
In his Harvard admission letter, Zuckerberg wrote that he could read and write in French, Latin, ancient Greek and Hebrew. Zuckerberg has three siblings, all sisters, who also were academically strong.
Before the dominance and popularity of Zuckerberg’s programming, there was notoriety. In 2003, while at Harvard, Zuckerberg created a program called FaceMash, which followed the primitive rules of a “hot or not” game. Zuckerberg used Facebook photos of Harvard House for students to choose between two Harvardians.
About 500 people visited the site in the first four hours before Zuckerberg’s Internet connection was pulled’. The popularity of the site overwhelmed the Harvard Internet servers.
Zuckerberg then created something called Course Match, which let students see who was studying what course, to form study groups.
In February 2004, Zuckerberg launched ‘Thefacebook’, which would only be available to Harvard students. By the fourth day, thousands of people signed up. In under a week, 4,000 people from Harvard signed up to the first version of Facebook.
American programmer and Internet entrepreneur, Mark Zuckerberg, real-time net worth of $77.6 billion in April 2018.
Mark is the co-founder of the most popular social networking site Facebook, of which he is the CEO and president. It runs the network of more than one billion “friends” who announce births, deaths, breakups, shares photos and harvest squash 30 billion times a month. The site is the second most visited in the world, after Google; users spend more than 700 billion minutes each month on the site. The defector of Harvard even has its own monetary system, the Credits of Facebook, to facilitate the transactions. ,
Based on the IPO price of $164.52 per share for Facebook, it sold 30 million shares on the debut day of the action to raise cash to pay taxes but still had 503 million shares at the end IPO. Even after losing $ 7.2 billion, Mark Zuckerberg remains among the 25 richest people in the world.
Mark Zuckerberg has a salary of only $ 1 on Facebook. However, owning about 400 million shares in the company that is valued at around $ 500 billion.
Here are some of the highlights of Zuckerberg’s career:
- Started computer programming (1995)
- Founded his first company (1999)
- Joins Harvard University (2002)
- Creates Facebook in his dorm room (2004)
- Drops out of Harvard (2004)
- Named the ‘Worlds Youngest Billionaire’ (2007)
- Zuckerberg’s life is made into a movie (2010)
- Facebook reaches 500 million users (2010)
Online businesses that have been purchased by Facebook;
Parakey – Web-based computer user interface
ConnectU – Social Networking website
FriendFeed – Real-time feed aggregator.
Friendster patents – Social gaming site.
Drop.io – Online file sharing service.
Snaptu – Mobile application platform.
Gowalla – A location-based social network.
Instagram – A photo and video sharing social network
Lightbox.com – Photo blogging platform.
WhatsApp – Messaging service.
Oculus VR – Virtual Reality hardware and software.
I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.” – Mark Zuckerberg
“When you give everyone a voice and give people power, the system usually ends up in a really good place. So, what we view our role as, is giving people that power.” – Mark Zuckerberg
“The thing that we are trying to do at Facebook, is just helping people connect and communicate more efficiently.” – Mark Zuckerberg
Providing you with motivation, inspiration, success stories and tips to help you on your entrepreneurial journey.