Mark Elliot Zuckerberg (/mɑɹk_ˈɛli̯ət ˈzʌkʰɚbɚg/, born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is the chairman, chief executive officer, and co-founder of Facebook. His net worth is estimated to be US$58.6 billion as of March 2017, ranking him the fifth richest person in the world.
Zuckerberg launched Facebook from his Harvard University dormitory room on February 4, 2004. He was assisted by his college roommates and fellow Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The group then introduced Facebook to other college campuses. Facebook expanded rapidly, reaching one billion users by 2012. Meanwhile, Zuckerberg was involved in various legal disputes brought by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.
In December 2012, Zuckerberg and his wife Priscilla Chan announced that over the course of their lives they would give the majority of their wealth to “advancing human potential and promoting equality” in the spirit of The Giving Pledge. On December 1, 2015, they announced they would eventually give 99 percent of their Facebook shares (worth about US$45 billion at the time) to the Chan Zuckerberg Initiative.
Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year award. In December 2016, Zuckerberg was ranked 10th on Forbes list of The World’s Most Powerful People. According to Forbes Magazine, Zuckerberg has a net worth of US$55.9 billion as of February 2017.
American computer programmer and Internet entrepreneur, Mark Zuckerberg, has an estimated net worth of $65.7 billion in September 2018.
Based on the IPO price of $42 a share for Facebook, he sold 30 million shares on the stock’s debut day in order to raise cash to pay taxes, but he still had 503 million shares at the conclusion of the IPO. Even after losing $7.2 billion, Mark Zuckerberg is still among the 25 richest people in the world.
He is the co-founder of the popular social networking site Facebook, of which he is chief executive and president. He runs the network of more than a Billion “friends” who announce births, deaths, breakups, share photos and harvest squash 30 billion times a month. The site is the second-most-visited worldwide, after Google; users spend over 700 billion minutes per month on the site. The Harvard dropout even runs his own monetary system–Facebook Credits–to facilitate transactions. Zuckerberg was born on May 14, 1984 in White Plains, New York, USA.
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