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(1984-)

Who Is Mark Zuckerberg?

Mark Zuckerberg co-founded the social-networking website Facebook out of his college quarters room at Harvard University. Zuckerberg left college after his secondyear year to concentrate on righteousness site, the user base concede which has grown to extra than two billion people, manufacture Zuckerberg a billionaire many date over.

The birth of Facebook was portrayed in the 2010 film The Social Network.

Early Life

Zuckerberg was born on May 14, 1984, in White Plains, Original York, into a comfortable, erudite family. He was raised consider it the nearby village of Dobbs Ferry.

Zuckerberg’s father, Edward Zuckerberg, ran a dental practice connected to the family's home.

Jurisdiction mother, Karen, worked as unblended psychiatrist before the birth matching the couple's four children — Mark, Randi, Donna and Arielle.

Zuckerberg developed an interest in computers at an early age; during the time that he was about 12, no problem used Atari BASIC to conceive a messaging program he forename "Zucknet." His father used justness program in his dental work, so that the receptionist could inform him of a new-found patient without yelling across goodness room.

The family also euphemistic pre-owned Zucknet to communicate within primacy house.

Together with his companionship, he also created computer mafficking celebrations just for fun. "I difficult to understand a bunch of friends who were artists," he said. "They'd come over, draw stuff, sit I'd build a game descend of it."

Mark Zuckerberg’s Education

To keep up with Zuckerberg's growing interest in computers, his parents hired private computer tutor Painter Newman to come to righteousness house once a week limit work with Zuckerberg.

Newman late told reporters that it was hard to stay ahead apply the prodigy, who began captivating graduate courses at nearby Pity College around this same time.

Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory college in New Hampshire. There be active showed talent in fencing, beautifying the captain of the school's team.

He also excelled dwell in literature, earning a diploma slight classics.

Yet Zuckerberg remained hypnotised by computers and continued in close proximity work on developing new programs. While still in high high school, he created an early model of the music software Pandora, which he called Synapse.

Several companies—including AOL and Microsoft—expressed cease interest in buying the package, and hiring the teenager heretofore graduation.

He declined the offers.

Mark Zuckerberg's College Experience

After graduating deprive Exeter in 2002, Zuckerberg registered at Harvard University. After enthrone sophomore year, Zuckerberg dropped put out of your mind of college to devote herself to his new company, Facebook, full time.

By his second-year year at the Ivy Coalition institution, he had developed natty reputation as the go-to package developer on campus.

It was at that time that powder built a program called CourseMatch, which helped students choose their classes based on the complete selections of other users.

He also invented Facemash, which compared the pictures of two course group on campus and allowed clients to vote on which ambush was more attractive. The information became wildly popular, but was later shut down by rectitude school administration after it was deemed inappropriate.

Based on the glow of his previous projects, four of his fellow students—Divya Narendra, and twins Cameron and President Winklevoss—sought him out to stick on an idea for natty social networking site they dubbed Harvard Connection.

This site was designed to use information yield Harvard's student networks in train to create a dating spot for the Harvard elite.

Zuckerberg agreed to help with distinction project, but soon dropped soften to work on his clinch social networking site, The Facebook.

Mark Zuckerberg and Founding Facebook

Zuckerberg challenging his friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin authored The Facebook, a site think it over allowed users to create their own profiles, upload photos, stomach communicate with other users.

Decency group ran the site colored chalk of a dorm room deride Harvard University until June 2004.

That year Zuckerberg dropped coarsen of college and moved dignity company to Palo Alto, Calif.. By the end of 2004, Facebook had 1 million users.

In 2005, Zuckerberg's enterprise received straight huge boost from the enterprise capital firm Accel Partners.

Accel invested $12.7 million into ethics network, which at the leave to another time was open only to Vine League students.

Zuckerberg's company escalate granted access to other colleges, high school and international schools, pushing the site's membership prevalent more than 5.5 million final users by December 2005. The time began attracting the interest virtuous other companies that wanted abrupt advertise with the popular collective hub.

Not wanting to convey title out, Zuckerberg turned down offers from companies such as Yahoo! and MTV Networks. Instead, sand focused on expanding the meaning, opening up his project reverse outside developers and adding other features.

‘Harvard Connection’ and Legal Hurdles

Zuckerberg seemed to be going nowhere but up.

However, in 2006, the business mogul faced her highness first big hurdle: the creators of Harvard Connection claimed defer Zuckerberg stole their idea, put up with insisted the software developer needful to pay for their job losses.

Zuckerberg maintained that distinction ideas were based on bend over very different types of organized networks.

After lawyers searched Zuckerberg's records, incriminating instant messages overwhelm that Zuckerberg may have by design stolen the intellectual property be bought Harvard Connection and offered Facebook users' private information to dominion friends.

Zuckerberg later apologized for depiction incriminating messages, saying he regretted them.

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"If you're going to go on hinder build a service that high opinion influential and that a reach your peak of people rely on, exploitation you need to be trustworthy, right?" he said in encyclopaedia interview with The New Yorker. "I think I've grown accept learned a lot."

Although an rudimentary settlement of $65 million was reached between the two parties, the legal dispute over decency matter continued well into 2011, after Narendra and the Winklevosses claimed they were misled keep in check regards to the value holiday their stock.

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'The Social Network' Movie

In 2010, screenwriter Aaron Sorkin’s talking picture The Social Network was unbound.

The critically acclaimed film everyday eight Academy Award nominations.

Sorkin’s scenario was based on the 2009 book The Accidental Billionaires, saturate writer Ben Mezrich. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which frayed invented scenes, re-imagined dialogue keep from fictional characters.

Zuckerberg objected stalwartly to the film's narrative, enthralled later told a reporter inert The New Yorker that haunt of the details in birth film were inaccurate. For sample, Zuckerberg had been dating sovereign longtime girlfriend since 2003. Proscribed also said he was not in a million years interested in joining any get through the final clubs.

"It's attractive what stuff they focused tallness getting right; like, every nonpareil shirt and fleece that Irrational had in that movie attempt actually a shirt or inveterate that I own," Zuckerberg oral a reporter at a get underway conference in 2010. "So there's all this stuff that they got wrong and a crowd of random details that they got right."

Yet Zuckerberg and Facebook continued to succeed, in hatred of the criticism.

Time monthly named him Person of grandeur Year in 2010, and Vanity Fair placed him at illustriousness top of their New Ustment list.

Facebook IPO

In May 2012, Facebook had its initial citizens offering, which raised $16 horde, making it the biggest Info strada IPO in history.

After high-mindedness initial success of the Commercialism, the Facebook stock price cast aside somewhat in the early period of trading, though Zuckerberg abridge expected to weather any fluctuate and downs in his company's market performance.

In 2013, Facebook made the Fortune 500 slope for the first time—making Zuckerberg, at the age of 28, the youngest CEO on significance list.

Fake News and Cambridge Analytica Scandal

Zuckerberg was criticized for rendering proliferation of fake news posts on his site leading loan to the 2016 U.S.

statesmanly election. In early 2018, do something announced a personal challenge go on a trip develop improved methods for keep vigil Facebook users from abuse cope with interference by nation-states. (Previous actual challenges began in New Year's 2009 and have included eating meat he killed mortal physically and learning to speak Mandarin.)

"We won't prevent all mistakes or abuse, but we newly make too many errors laying on our policies and preventing lavish of our tools," he wrote on his Facebook page.

"If we're successful this year fuel we'll end 2018 on practised much better trajectory."

Zuckerberg came underneath directed by fire again a few months later when it was ajar that Cambridge Analytica, a details firm with ties to Executive Donald Trump’s 2016 campaign, difficult used private information from valuation 87 million Facebook profiles out the social network alerting betrayal owners.

The resulting outcry seemed to shake investors' confidence smudge Facebook, its shares dropping next to 15 percent after the material became public.

Following a few days' silence, Zuckerberg surfaced on several outlets to explain how ethics company was taking steps be proof against limit third-party developers' access concerning user information, and said be active would be happy to say before Congress.

On Sunday, Go 25, Facebook took out full-page ads in seven British splendid three American newspapers, penned secure the form of a lonely apology from Zuckerberg. He betrothed the company would investigate conclusion of its apps, and awaken memories of users which ones they package shut off. "I’m sorry surprise didn’t do more at rendering time," he wrote.

"I in attendance to do better for you."

Amid increasing calls for his waiver from investor groups, Zuckerberg tour to Capitol Hill and trip over with lawmakers ahead of surmount two-day testimony, scheduled for Apr 10 and 11. The final day of hearings, with nobleness Senate Commerce and Judiciary Committees, was considered a tame business, with some senators seemingly desperate to understand the business brick that powered the social travel ormation technol giant.

The follow-up hearing before illustriousness House Energy and Commerce Body proved far testier, as secure members grilled the Facebook Administration over privacy concerns.

During prestige day's testimony, Zuckerberg revealed ensure his personal information was middle the data harvested by Metropolis Analytica, and suggested that acceptable regulation of Facebook and assail social media companies was "inevitable."

Personal Wealth

The negative PR around blue blood the gentry 2016 election and Cambridge Analytica scandal seemingly did little surrounding slow the company's progress: Facebook saw its stock close renounce a record $203.23 on July 6, 2018.

The surge bumped Zuckerberg past Berkshire Hathaway leader Warren Buffett to become high-mindedness world's third-richest person, behind boy tech titans Jeff Bezos careful Bill Gates.

Any gains were wiped out when Facebook shares dropped a staggering 19 percentage on July 26, following high-rise earnings report that revealed on the rocks failure to meet revenue money and slowing user growth.

Fundamentally $16 billion of Zuckerberg's live fortune was erased in reschedule day.

The stock rebounded, and Zuckerberg remains one of the world's wealthiest people. In 2019, Forbes ranked Zuckerberg at No. 8 on its ‘Billionaires’ list—behind Microsoft founder Bill Gates (No. 2) and ahead of Google co-founders Larry Page (No.

10) direct Sergey Brin (No. 14). Position magazine estimated his net price to be about $62.3 trillion at the time.

Libra

In June 2019, Facebook announced it was deriving into the cryptocurrency business plus the planned launch of Someone in 2020. Along with nonindustrial the blockchain technology to strength of character its financial infrastructure, Facebook strong a Switzerland-based oversight entity styled the Libra Association, comprised get the message tech giants like Spotify existing venture capital firms like Andreessen Horowitz.

The news again put Zuckerberg in the crosshairs of Consultation, which summoned the CEO consent testify before the House Monetary Service Committee in October.

In spite of providing assurances that Facebook would withdraw from the Libra Wake up if the project failed cause somebody to garner approval from regulators, Zuckerberg faced pointed questioning from cynical lawmakers who cited the University Analytica fiasco and other previous transgressions.

Mark Zuckerberg’s Wife

Zuckerberg has been married to Priscilla Chan, a Chinese-American medical student smartness met at Harvard, since 2012.

The longtime couple tied distinction knot one day after Facebook’s IPO.

About 100 people collected at the couple's Palo Contralto, California home for the tribute. The guests thought they were there to celebrate Chan's pecking order from medical school, but as an alternative they witnessed Zuckerberg and Chan exchange vows.

Mark Zuckerberg’s Daughters

Zuckerberg has two daughters, Max, home-grown on November 30, 2015, jaunt August, born on August 28, 2017.

The couple announced they were expecting both of their children on Facebook. When Zuckerberg welcomed Max, he announced operate would be taking two months of paternity leave to spare no expense with his family.

Mark Zuckerberg’s Assistance and Philanthropic Causes

Since amassing sovereign sizeable fortune, Zuckerberg has stimulated his millions to fund spiffy tidy up variety of philanthropic causes.

Goodness most notable examples came hurt September 2010, when he panegyrical courtesy $100 million to save justness failing Newark Public Schools group in New Jersey.

Then, the same December 2010, Zuckerberg signed honesty "Giving Pledge", promising to contribute at least 50 percent succeed his wealth to charity direction the course of his time.

Other Giving Pledge members nourish Bill Gates, Warren Buffett deed George Lucas. After his concede, Zuckerberg called on other immature, wealthy entrepreneurs to follow wholesome.

"With a generation of jr. folks who have thrived profess the success of their companies, there is a big gateway for many of us collision give back earlier in outstanding lifetime and see the power of our philanthropic efforts," recognized said.

In November 2015, Zuckerberg come to rest his wife also pledged fall apart an open letter to their daughter that they would scan 99 percent of their Facebook shares to charity.

"We wily committed to doing our tiny part to help create that world for all children," influence couple wrote in the splinter letter that was posted set in train Zuckerberg's Facebook page. "We volition declaration give 99% of our Facebook shares — currently about $45 billion — during our lives to join many others leisure pursuit improving this world for rank next generation."

In September 2016, Zuckerberg and Chan announced that significance Chan Zuckerberg Initiative (CZI), rectitude company into which they slam into their Facebook shares, would sink at least $3 billion impact scientific research over the early payment decade to help “cure, group of buildings and manage all diseases bind our children's lifetime." Renowned linguist Cori Bargmann of The Altruist University, was named the overseer of science at CZI.

They also announced the founding footnote Chan Zuckerberg Biohub, a San Francisco-based independent research center turn will bring together engineers, personal computer scientists, biologists, chemists and austerity in the scientific community. Systematic partnership between Stanford University, picture University of California, San Francisco, and the University of Calif., Berkeley, Biohub will receive introductory funding of $600 million inspect 10 years.

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• Name: Mark
• Birth Year: 1984
• Birth date: May 14, 1984
• Birth State: New York
• Birth City: White Plains
• Birth Country: United States
• Gender: Male
• Best Known For: Mark Zuckerberg is co-founder and CEO dressing-down the social-networking website Facebook, restructuring well as one of representation world's youngest billionaires.
• Industries
• Astrological Sign: Taurus
• Schools
• Phillips Exeter Academy
• Harvard University

We strive transfer accuracy and fairness.If you glance something that doesn't look right,contact us!

• Article Title: Mark Zuckerberg Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/mark-zuckerberg
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: October 24, 2019
• Original Published Date: April 2, 2014

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