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19 September, 2015

Mark Zuckerberg- CEO and Founder of FB


Mark Zuckerberg
Born- May 14, 1984 (White Plains, New York, U.S.)
Residence-Palo Alto, California, U.S.
Alma mater
Harvard University (dropped out)
Occupation-Computer programmer, Internet entrepreneur
Years active-2004–present
Known for-Co-founding Facebook
Home town-Dobbs Ferry, New York, U.S.
  • Introduction :
Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is best known as one of five co-founders of the social networking website Facebook. Zuckerberg is the chairman and chief executive of Facebook, Inc. His personal wealth, as of July 2015, is estimated to be $38.6 billion.Zuckerberg receives a one-dollar salary as CEO of Facebook.
Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, he launched Facebook from Harvard University's dormitory rooms. The group then introduced Facebook onto other campuses nationwide and moved to Palo Alto, California shortly afterwards. In 2007, at the age of 23, Zuckerberg became a billionaire as a result of Facebook's success. The number of Facebook users worldwide reached a total of one billion in 2012. Zuckerberg was involved in various legal disputes that were initiated by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.
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 distinction. In 2011, Zuckerberg ranked first on the list of the "Most Influential Jews in the World" by The Jerusalem Post. Zuckerberg was played by actor Jesse Eisenberg in the 2010 film The Social Network, in which the rise of Facebook is portrayed.
  • Early life
Zuckerberg was born in 1984 in White Plains, New York. He is the son of dentist Edward Zuckerberg and psychiatrist Karen Kempner.He and his three sisters, Randi, Donna, and Arielle,were brought up in Dobbs Ferry, New York, a small Westchester County village about 10 miles (16 km) north of New York City. Zuckerberg was raised Jewish and had his bar mitzvah when he turned 13. Afterward, he became an atheist. At Ardsley High School, Zuckerberg excelled in classics. He transferred to Phillips Exeter Academy in New Hampshire in his junior year, where he won prizes in science (math, astronomy and physics) and classical studies. On his college application, Zuckerberg claimed that he could read and write French, Hebrew, Latin, and ancient Greek. He was captain of the fencing team. In college, he was known for reciting lines from epic poems such as The Iliad.
  • Facebook

Zuckerberg launched Facebook from his Harvard dormitory room on February 4, 2004. An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002. It published its own student directory, "The Photo Address Book", which students referred to as "The Facebook". Such photo directories were an important part of the student social experience at many private schools. With them, students were able to list attributes such as their class years, their friends, and their telephone numbers.
Once at college, Zuckerberg's Facebook started off as just a "Harvard thing" until Zuckerberg decided to spread it to other schools, enlisting the help of roommate Dustin Moskovitz. They began with Columbia, New York University, Stanford, Dartmouth, Cornell, Penn, Brown, and Yale.Samyr Laine, a triple jumper representing Haiti at the 2012 Summer Olympics, shared a room with Zuckerberg during Facebook's founding. "Mark was clearly on to great things," said Laine, who was Facebook's fourteenth user.
After Zuckerberg moved to Palo Alto, California with Moskovitz and some friends, they leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office in mid-2004. According to Zuckerberg, the group planned to return to Harvard but eventually decided to remain in California. 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."
He restated these goals to Wired magazine in 2010: "The thing I really care about is the mission, making the world open." Earlier, in April 2009, Zuckerberg sought the advice of former Netscape CFO Peter Currie about financing strategies for Facebook.On July 21, 2010, Zuckerberg reported that the company reached the 500 million-user mark.When asked whether Facebook could earn more income from advertising as a result of its phenomenal growth, he explained:
I guess we could..... If you look at how much of our page is taken up with ads compared to the average search query. The average for us is a little less than 10 percent of the pages and the average for search is about 20 percent taken up with ads..... That's the simplest thing we could do. But we aren't like that. We make enough money. Right, I mean, we are keeping things running; we are growing at the rate we want to.
In 2010, Steven Levy, who wrote the 1984 book Hackers: Heroes of the Computer Revolution, wrote that Zuckerberg "clearly thinks of himself as a hacker". Zuckerberg said that "it's OK to break things" "to make them better". Facebook instituted "hackathons" held every six to eight weeks where participants would have one night to conceive of and complete a project.The company provided music, food, and beer at the hackathons, and many Facebook staff members, including Zuckerberg, regularly attended. "The idea is that you can build something really good in a night", Zuckerberg told Levy. "And that's part of the personality of Facebook now..... It's definitely very core to my personality."