Mark Elliot Zuckerberg
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An ‘accidental billionaire’ Mark Elliot Zuckerberg, popularly mentioned as Mark Zuckerberg, is that the brain behind the favored social networking site- Facebook that has the entire world hooked thereto . A engineer and a web bourgeois Zuckerberg is that the chief government and president of Facebook. In 2004, it had been co-founded as a non-public company by him and classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes whereas they were students at Harvard.
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In 2010, Zuckerberg was named Time magazine's Person of the Year. As of 2011, his personal wealth was calculable to be USD thirteen.5 billion.
Born on might fourteen, 1984 in White Plains, New York, into a comfy , well-read family, his father, Edward Zuckerberg ran a practice attached to the family's home whereas his mother Karen worked as a specialist . Since his childhood Zuckerberg showed signs of intelligence and a interest in programming. In his spare time he developed completely differing types of laptop programs, with a specific stress on communication channels.
A born prodigy, Zuckerberg later studied at Phillips Exeter Academy, Associate in Nursing exclusive lyceum in New Hampshire. He excelled in literature, earning a certification in classics however his fascination with computers remained intact and he continued to work on developing new programmes. In highschool, he created Associate in Nursing early version of the music software package Pandora, that he referred to as conjugation. many companies—including AOL Associate in Nursingd Microsoft—expressed an interest in buying the software package, and hiring the juvenile before graduation. He declined the offers.
Marvelling at his ‘revolutionizing’ projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him bent work on a thought for a social networking site they called ‘Harvard Connection’. This site was meant to use information from Harvard's student networks so as to make a dating site for the Harvard elite. Zuckerberg gave a nod to the thought , but soon backed bent work on his own social networking site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin.
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He was inspired in creating ‘Facebook’ by the scholar yearbook from his time spent at Phillips Exeter Academy. which is when the important story began, the story of Facebook in Zuckerberg’s dormitory shared together with his co-founders. within the initial stages of development the location catered only to the scholars at Harvard, but Zuckerberg and his companions saw the potential for it to become increasingly widespread, and make it available to other students.
Finally they created a site that allowed users to make their own profiles, upload photos, and communicate with other users. The group ran the site—first called The Facebook—out of a dormitory at Harvard until June 2004. After this, Zuckerberg dropped out of school to devote himself to Facebook full time, moving the corporate to Palo Alto , California. By the top of 2004, Facebook had 1 million users.
In 2005, Zuckerberg's enterprise received an enormous boost from the risk capital firm Accel Partners. Accel invested USD 12.7 million into the network, which at the time was open only to Ivy League students. Zuckerberg's company then granted access to other colleges, highschool and international schools, pushing the site's membership to quite 5.5 million users by the top of 2005. the location then began attracting the interest of other companies, who wanted to advertize with the favored social hub.
Still not willing to sell out, Zuckerberg kept turning companies like Yahoo! and MTV Networks. Instead, he focused on expanding the location , opening up his project to outside developers and adding more attractive features.
As it said “that you don’t make 500 million friends without making few enemies” and in 2006 the business mogul faced his first big hurdle. The creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to buy their business losses. However, Zuckerberg maintained that the ideas were supported two very differing types of social networks.
In 2007 Mark set-up Facebook platform, something which enables social applications to be created within Facebook and thus hosts great appeal to developers. Recent statistics show that there are 800,000 active developers using this spin-off service worldwide.
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Zuckerberg received another jolt when the 2009 book ‘The Accidental Billionaires’, by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling of Zuckerberg's story. no matter how true-to-life the story was, Mezrich managed to sell the rights of the story to screenwriter Aaron Sorkin, and therefore the critically acclaimed film ‘The Social Network,’ starring Jesse Eisenberg (as Mark Zuckerberg), Andrew Garfield and Justin Timberlake, went on to receive eight Academy Award nominations. Zuckerberg objected strongly to the film's narrative, and later said that a lot of of the small print within the film were inaccurate.
Basking in his new found success Zuckerberg founded the Start-up: Education foundation. On September 22, 2010, it had been reported that Zuckerberg had arranged to donate USD100 million to Newark Public Schools, the general public establishment of Newark, New Jersey. within the same year he along side Microsoft Founder Gates and investor Warren Buffett signed a promise they called the "Giving Pledge", during which they promised to donate to charity a minimum of half their wealth over the course of your time , and invited others among the rich to donate 50% or more of their wealth to charity.
Zuckerberg has not even reached his 30th birthday and it's the sole youth of his success story. it's as years from now his biography are going to be looked upon as a defining moment in social networking and entrepreneurship history.
Zuckerberg lives during a modest rented range in Palo Alto , California, together with his girlfriend Chan. In 2011, they changed their status in their respective sites to ‘in a relationship’ and lots of fans ‘like this’.
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