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Friday, September 24, 2021

Mark Zuckerberg – Life, Education, Net Worth and more

Mark Zuckerberg– does he really require any introduction? Mark Zuckerberg’s full name is Mark Elliot Zuckerberg. A self-made man and the Facebook CEO was born in the year 1984 on May 14th in White Plains, New York. He was brought up in Dobbs Ferry. He belonged to a well-educated family and developed a keen interest in programming at a very young age. Little did people know that he would one day become a stalwart in his own right. 

Mark Zuckerberg Education and Early Life

At a very young age, when he was just 12 years old, he developed Zucknet. It was a messaging program. This program was used for his father’s dental practice as a means of communication between the office workforce internally. His father’s name is Edward Zuckerberg and his mother worked as a psychiatrist before she became a mother to her four children. 

Mark Zuckerberg educationSeeing his expertise in programming, his parents arranged for a computer tutor when he was studying in high school. Simultaneously, he enrolled himself in a New Hampshire prep school. He went to Harvard University after graduating from prep school. 

Known as the creator of Facebook, on 4th February 2004, he launched thefacebook.com, which was later in 2005 renamed as Facebook. His fellow mates started using the directory by putting up their information and photos in the templates that were developed. 

Initial Success of Facebook

Within a short period, the majority of the students had signed up for the application. Seeing the success of the same, his roommates Chris Hughes and Dustin Moskovitz, assisted him and they added additional features thereby allowing students from across other campuses to sign up and join in. 

Facebook took birth and soon became a very popular medium among friends and family to stay connected. People posted pictures created their profiles and it became a rage. 

Most richest person in the worldYou could connect with all real people and no one with fake names because the idea of “trusted connections” was emphasized upon with the need to enter your real names. This gave rise to authentic networking and developed the so-called “social graph”. 

The group of three shifted their headquarters in the summer of 2004 to Palo Alto, California. Here Mark Zuckerberg entered into talks with Peter Thiel, a venture capitalist to provide “seed money”. 

Mark Zuckerberg stopped going to Harvard so that he could concentrate on the venture and he became the president and CEO of the company. 

The first-ever infusion (venture capital) into Facebook was received in May 2005 an amount of $12.7 million. Soon the network expanded and if you had a valid email ID, you could sign up for Facebook. He became the owner of Facebook. 

In the year 2007, Facebook entered into a deal with Microsoft and received as much as $240 million for a stake of 1.6% in Facebook. This was followed by Digital Sky Technologies buying a stake of 1.96% share of an amount of $200 million. 

Mark Zuckerberg net worth

In the year 2008, the net worth of Mark Zuckerberg was estimated at $1.5 billion. Once the Initial Public Offering (IPO) of Facebook was made available to the public, the net worth of Mark Zuckerberg net worthZuckerberg skyrocketed to $19 billion in 2012. 

As of January, 29th 2020, Zuckerberg’s net worth was $78 billion. He has signed for the Giving Pledge, which means that he will give away as a donation 50% of his net worth for social and philanthropic activities before he breathes his last. An instance of the same was in 2010 when he donated $100 million-plus to rescue the Newark school system, New Jersey. 

Mark Zuckerberg wife

Mark Zuckerberg fell in love with Priscilla Chan when she was a second-year student in Boston at a party in 2003. Even though Zuckerberg was a workaholic, it did not deter Priscilla from losing interest in him and she stood by him through thick and thin. 

She fell in love with Mark Zuckerberg while he was still trying to become grounded in his career and she still is beside him when he is a billionaire. 

Priscilla Chan has a specialization in pediatrics and she has always encouraged Mark to promote organ donation, which they do so through Facebook. 

When Zuckerberg shifted to California, she did too and joined the University of California as a medical student. One of the secrets that have kept their relationship strong and stable is the fact that Priscilla does not let success get into the head of Mark Zuckerberg instead she encourages him to stay grounded always. 

More about his family

It was in 2012, when Priscilla achieved a milestone and graduated from medical school, an occasion that was used to disclose their marriage. 

The friends had been invited citing the reason as Priscilla’s graduation party. But, on arrival, everyone found out when Mark Zuckerberg declared that it was their wedding day. 

A simple ruby ring strengthened their bond for a lifetime, a ring that was designed personally by Mark Zuckerberg. 

They have two lovely daughters, Maxima Chan Zuckerberg, aged 4 years plus, and August Chan Zuckerberg aged 2 years plus. The couple is happy and going strong with every passing year. 

Facebook- the social media platform that rules

Creator of FacebookSocial media platforms have helped all to promote a business and also get information about just everything under the sun here. 

Budding, as well as veteran entrepreneurs, use this platform for promoting their business online. Hence, they have successfully increased their profits through this medium over the years. 

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Daniyel Carlson
Daniyel Carlson is a Young Researcher in the field of Data Science & Analytics having research experience of more than 8 years. He has a Masters in Computer Engineering and currently serves as an Editorial Assistant in IGI Global, United States of America. Daniyel also holds honorary positions in the Associate Member of Institute of Research Engineers and Doctors, International Association of Computer Science and Information Technology, International Association of Engineers, Society of Digital Information and Wireless Communications.

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