Mark Zuckerberg – Harvard Dropout to Co-Founder of Facebook

Mark Zuckerberg is the co-founder of Facebook and a media magnate, entrepreneur and philanthropist, as well as one of the world’s youngest billionaires.

Mark Zuckerberg Birth

He was born in White Plains, New York, on May 14, 1984, to Edward & Karen Zuckerberg. It was a well-educated family with his three other siblings Randi, Donna and Arielle.

Mark Zuckerberg Childhood

He has been interested in programming since elementary school, and with his father’s help, he learned Atari BASIC, which he used to create a messaging program “Zucknet”, at the age of 10.

Mark Zuckerberg Education

His parents hired a private computer tutor for him and during the same time he even began taking graduate lessons. He later studied at at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. He even excels in fencing, literature & has a diploma in classics.

In high school itself, he developed an early version of Pandora, which he called a synapse. This attracted offers by companies like AOL and Microsoft, which he declined.

Mark Zuckerberg College

He enrolled at Harvard University, and in his sophomore year itself, he built a program called CourseMatch, to help students chose their subjects and FaceMash to vote who is more attractive on campus. He also created a social networking site called “The Facebook”, which only functioned in Harvard.

Mark Zuckerberg Facebook’s Birth

After his sophomore year, he dropped out of college to devote his full time to Facebook, which reached a million users by the end of 2004. In 2005, Accel Partners invested$12.7 million into the network, which was only open to Ivy League students. By the end of 2005, the site reached 5.5 million users cause now it was open to other colleges, high school and international schools.

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He turned down offers from companies like Yahoo and Microsoft to expand the site.

Mark Zuckerberg First Hurdle

In 2006, Harvard Connection creators claimed that he stole their idea and needed to pay for their losses. This was denied by Zuckerberg; after legal action, he apologized, and a settlement of $65 million dollars took place between both parties.

Mark Zuckerberg Movie

In 2009 writer Ben Mezrich released a book ‘The Accidental Billionaires, which was criticized for inaccurately retelling his story. In 2010, screenwriter Aaron Sorkin released the movie ‘The Social Network’, based on the above-mentioned book, and it received eight Academy Award nominations. In the same year, he was named as TIME’s Person of the Year, and Vanity Fair positioned him at the top of their New Establishment list.

Mark Zuckerberg Other Successes

In 2012, he acquired Instagram for $1 billion dollars in cash and stock, followed by the acquisition of WhatsApp in 2014 for $16 billion. In May 2012, Facebook raised $16 billion, at its first initial public offering, the biggest Internet IPO in history.

Zuckerberg has also purchased a virtual reality company, Oculus VR, for $2 billion. Facebook entered the Fortune 500 list in May 2013, and in 2017, it ranked 5th on the Forbes list of billionaires. In the same year, Zuckerberg also received an honorary degree from Harvard.

Mark Zuckerberg Politics

In April 2018, He testified in front of Congress after it was revealed that Facebook shared data with Cambridge Analytica. Facebooks’s stock price had a quick drop, which according to Forbes, is due to the above incident and Facebook’s inability to protect users from harmful misuse and misinformation.

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Mark Zuckerberg Philanthropy

In 2010 he donated $100 million to save the Newark school system in New Jersey. He has also signed the Giving Pledge, which means he will donate at least 50% of his net worth to charity. In 2015, after the birth of is daughter, he pledged to donate 99% of Facebook Stock.

Mark Zuckerberg Personal Life

Mark Zuckerberg with his Wife and their Children's
Mark Zuckerberg with his Wife and their Children’s

He married Priscilla Chan in 2012, who he had been dating since 2003. In December 2015, they had their first daughter, Maxima Chan Zuckerberg; following this, their second daughter, August, was born in August 2017.

Mark Zuckerberg Present

In 2019, the company reported That it has 1.62 billion average daily users and 2.45 billion average monthly users. As of 2020, the company has a market cap of $598 billion, and Zuckerberg holds over 375 million Facebook shares & 60% voting rights. And his net worth is $120 Billion as of Friday, 28 May 2021.

Mark Zuckerberg Social Media Accounts & Channels

This was the complete latest information about “Mark Zuckerberg” that we curated through the internet. We at FameImpact hope you enjoyed this article and got satisfactory answers to your questions. The information provided above will be updated regularly. Any mistake that you might’ve noticed or any edit that you want to suggest is always welcome in the comment box below.

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