Mark
Elliot Zuckerberg is popularly known as Mark Zuckerberg, he is an American
philanthropist, internet entrepreneur and media magnate. He was born on 14th
May 1984 and is well-known as the controlling shareholder, chief executive officer,
chairman and co-founder of Facebook Inc. He started social networking site with
his college roommates Chris Hughes, Dustin Moskovitz, Andrew McCollum and
Eduardo on 4th February 2004. After leaving from college, he enhanced
his focus on site to make it more user-friendly which guides to growth of user
base.
Edward Zuckerberg father
of Mark Zuckerberg doing dental practice on the family home. Karen is his mother;
she is a psychiatrist. At the early stages of life, Mark Zuckerberg has strong
interest in learning computers. He also makes computer games with his friends;
they draw stuff and he create game from it. His parents appointed private
computer tutor David Newman to teach him more about the computers. The interest
of him towards computer has grown significantly and he continues to work on
making novel programs.
He remains working on
the development of novel computer programs. At the high school time, he made a
music software Pandora named Synapse, many organizations have shown interest in
hiring the teenager and purchasing the software. He devoted himself for the
development of Facebook Inc, it allows users to communicate with other people,
upload photos, make their own profiles. The overall users of Facebook have reached
1 million by the end of 2004. The venture capital company Accel Partners
invested around $12 million into the network which act as a huge boost for the
company.
The users of site keep
on growing and it crossed 5.5 million users by December 2005. It started getting
attention from various companies which wanted to advertise with famous social
networking platforms. He got offers from the big companies like MTV networks
and Yahoo! but he turned down the offers and concentrate on developing the site
to outside developers and includes more specifications. The Facebook Inc had
its IPO in May 2012, it raised $16 billion. The net worth of Zuckerberg crossed
$100 billion on 6th August 2020. The Time Magazine has given “Person
of the Year” award and ranked him among the 100 most powerful and richest
people in the world. Zuckerberg signed “The Giving pledge on 9th
December 2010 in which he promised to 50% of his wealth to charity. The company
has currently acquired 82 companies which include popular social media
platforms like Instagram, Whatsapp etc. The large portion of companies acquired
by them are US based companies. Zuckerberg donated $25 million to Bill and
Melinda Gates Foundation to find effective treatments for Covid-19 pandemic.


0 Comments