Biography
Mark Elliot Zuckerberg is the creator and CEO of the networking site, Facebook. He is an American programmer, entrepreneur, and executive. He dropped out of Harvard University once he started Facebook. He was very successful and is currently valued at 55 billion dollars. He is the 5th richest man in the world. Mark was born May 14, 1984 in White Plains New York. His father is Edward Zuckerberg who is a dentist and currently the dentist for Facebook employees. Mark has always had a strong bond with his father. He and his three sisters, Randi, Donna, and Arielle, were brought up in Dobbs Ferry, New York. Mark grew up excelling quickly through school. He transferred from Ardsley High School to a private school, Phillip Exeter Academy. While still in High School he created music software called Synapse Media Player that learned the listeners listening habits. It received a 3/5 rating on PC Magazine that year. He won many awards for his math, science, and astronomy. Mark always had a desire to explore communication tools and especially with computer programming equipment. He wasn't in doors, he also was the captain of his Fencing team. Mark has been on Time magazines most wealthy and influential lists since 2010.
Start of Facebook
Zuckerberg was known as a programming prodigy at Harvard. He wrote a program he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best looking person from a choice of photos. Facemash got thousands of hit overnight and crashed. Many students complained that it violated their privacy because they did not give permission to use their pictures for the site. It also crashed the network switches at Harvard which prevented the students from accessing the internet. It was shut down, and a story about it ran in the school newspaper stating it was "completely improper". Zuckerberg said, he had created it for fun even though in the movie "Social Network" it shows that he created it while upset at his girlfriend.While attending Harvard University, Mark met students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. In 2004, Zuckerberg launched Facebook from a room from Harvard. It was originally call "Thefacebook". They later expanded the site to other campuses after being successful at Harvard.
Since the start of Facebook, Zuckerberg has since dropped out of college at Harvard University and made $55.3 billion dollars. Zuckerberg and his wife plan to spend 99% of their fortune over their lifetime specifically towards curing and ending all diseases by the end of the century. He and his wife will start this process by spending $3 billion dollars over the next ten years. The primary goal they say is to advance our human potential.
Facebook Grows with Technology
One of the reasons that facebook is so successful is that it is something, along with other social medias, that can continue to grow with technology. Looking at how cell phones, gaming, and staying informed with news have advanced over the years, you can also see that facebook moves along with it. First, you are able to access new via facebook from your phone. This is one of the ways that facebook has grown with cell phones (a technology) allowing more access to the internet. Another, is that gaming can now be accessed from your phone, so that you can play while not confined at home. Facebook has adapted to this and gives people a chance to access games from facebook. Games are also highly advertised via facebook. Modern news is as well being placed on facbook to help people stay interested in what facebook supports them with, they are allowed to share and learn more on modern day news.
Acquisition
Over the last few years Facebook has began to grow by acquiring other technology companies that will give it two things first it gives them a competitive edge against growing social media companies and second it allows the company to grow beyond the social media aspect of the company. An example of it acquiring a company for competitive edue was its aquasition of Instagram.
Instagram launched in 2010 and within two years the Social media Photo startup reached 30 million users, with this growth and additional competition form Snap Chat Facebook aquired instgram for $1 billion dollars in 2012. Since then Instagram has grown to 400 million users. Facebook also took this approach when looking to expand its messaging platform by purchasing What's App another start up for $21.8 Billion.
These types of aquistion and many others that Facebook has conducted have allowed them to grown and continue to be revelant in the ever changing technology field.
Net worth
After the release of Facebook Zuckerburg became very rich, very fast. He now lives a very comfortable life with a net worth of $50 billion and his annual salary being only $1.
Biography
Mark Elliot Zuckerberg is the creator and CEO of the networking site, Facebook. He is an American programmer, entrepreneur, and executive. He dropped out of Harvard University once he started Facebook. He was very successful and is currently valued at 55 billion dollars. He is the 5th richest man in the world. Mark was born May 14, 1984 in White Plains New York. His father is Edward Zuckerberg who is a dentist and currently the dentist for Facebook employees. Mark has always had a strong bond with his father. He and his three sisters, Randi, Donna, and Arielle, were brought up in Dobbs Ferry, New York. Mark grew up excelling quickly through school. He transferred from Ardsley High School to a private school, Phillip Exeter Academy. While still in High School he created music software called Synapse Media Player that learned the listeners listening habits. It received a 3/5 rating on PC Magazine that year. He won many awards for his math, science, and astronomy. Mark always had a desire to explore communication tools and especially with computer programming equipment. He wasn't in doors, he also was the captain of his Fencing team. Mark has been on Time magazines most wealthy and influential lists since 2010.
Start of Facebook
Zuckerberg was known as a programming prodigy at Harvard. He wrote a program he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best looking person from a choice of photos. Facemash got thousands of hit overnight and crashed. Many students complained that it violated their privacy because they did not give permission to use their pictures for the site. It also crashed the network switches at Harvard which prevented the students from accessing the internet. It was shut down, and a story about it ran in the school newspaper stating it was "completely improper". Zuckerberg said, he had created it for fun even though in the movie "Social Network" it shows that he created it while upset at his girlfriend.While attending Harvard University, Mark met students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. In 2004, Zuckerberg launched Facebook from a room from Harvard. It was originally call "Thefacebook". They later expanded the site to other campuses after being successful at Harvard.
Since the start of Facebook, Zuckerberg has since dropped out of college at Harvard University and made $55.3 billion dollars. Zuckerberg and his wife plan to spend 99% of their fortune over their lifetime specifically towards curing and ending all diseases by the end of the century. He and his wife will start this process by spending $3 billion dollars over the next ten years. The primary goal they say is to advance our human potential.
Facebook Grows with Technology
One of the reasons that facebook is so successful is that it is something, along with other social medias, that can continue to grow with technology. Looking at how cell phones, gaming, and staying informed with news have advanced over the years, you can also see that facebook moves along with it. First, you are able to access new via facebook from your phone. This is one of the ways that facebook has grown with cell phones (a technology) allowing more access to the internet. Another, is that gaming can now be accessed from your phone, so that you can play while not confined at home. Facebook has adapted to this and gives people a chance to access games from facebook. Games are also highly advertised via facebook. Modern news is as well being placed on facbook to help people stay interested in what facebook supports them with, they are allowed to share and learn more on modern day news.
Acquisition
Over the last few years Facebook has began to grow by acquiring other technology companies that will give it two things first it gives them a competitive edge against growing social media companies and second it allows the company to grow beyond the social media aspect of the company. An example of it acquiring a company for competitive edue was its aquasition of Instagram.Instagram launched in 2010 and within two years the Social media Photo startup reached 30 million users, with this growth and additional competition form Snap Chat Facebook aquired instgram for $1 billion dollars in 2012. Since then Instagram has grown to 400 million users. Facebook also took this approach when looking to expand its messaging platform by purchasing What's App another start up for $21.8 Billion.
These types of aquistion and many others that Facebook has conducted have allowed them to grown and continue to be revelant in the ever changing technology field.
Net worth
After the release of Facebook Zuckerburg became very rich, very fast. He now lives a very comfortable life with a net worth of $50 billion and his annual salary being only $1.
Work Sited
Mark Zuckerberg Biography. Biography.com.October 5, 2016.http://www.biography.com/people/mark-zuckerberg-507402
Zuckerberg, Mark. Facebok.com. October 13, 2016. https://m.facebook.com/zuck
"Forbes Welcome". Forbes.com. N. p., 2016. Web. 13 Oct. 2016.
http://www.celebritynetworth.com/richest-businessmen/ceos/mark-zuckerberg-net-worth/