Creator For Facebook

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Marion Georgi

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Aug 3, 2024, 4:34:04 PM8/3/24
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Zuckerberg briefly attended Harvard University, where he launched Facebook in February 2004 with his roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. Zuckerberg took the company public in May 2012 with majority shares. In 2008, at age 23, he became the world's youngest self-made billionaire. He has since used his funds to organize multiple donations, including the establishment of the Chan Zuckerberg Initiative. His net worth as of June 13, 2024 is USD $176 billion, making him the fourth richest person in the world, behind Elon Musk, Bernard Arnault, and Jeff Bezos.[1]

A film depicting Zuckerberg's early career, legal troubles and initial success with Facebook, The Social Network, was released in 2010 and won multiple Academy Awards. His prominence and fast rise in the technology industry has prompted political and legal attention. The founding of Facebook involved Zuckerberg in multiple lawsuits regarding the creation and ownership of the website as well as issues of user privacy.

Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York to psychiatrist Karen (ne Kempner) and dentist Edward Zuckerberg.[2][3] He and his three sisters (Arielle, Randi, and Donna) were raised in a Reform Jewish household[4] in Dobbs Ferry, New York.[5] His great-grandparents were emigrants from Austria, Germany, and Poland.[6] Zuckerberg initially attended Ardsley High School before transferring to Phillips Exeter Academy. He was captain of the fencing team.[7][8]

Zuckerberg began using computers and writing software in middle school. In high school, he built a program that allowed all the computers between his house and his father's dental office to communicate with each other.[9][10] During Zuckerberg's high-school years, he worked to build a music player called the Synapse Media Player. The device used machine learning to learn the user's listening habits, which was posted to Slashdot[11] and received a rating of 3 out of 5 from PC Magazine.[12] The New Yorker once said of Zuckerberg: "some kids played computer games. Mark created them".[5] While still in high school, he attended Mercy College taking a graduate computer course on Thursday evenings.[5]

The New Yorker noted that by the time Zuckerberg began classes at Harvard in 2002, he had already achieved a "reputation as a programming prodigy".[5] He studied psychology and computer science,[13] resided in Kirkland House,[14] and belonged to Alpha Epsilon Pi.[5] In his second year, he wrote a program that he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and help them form study groups.[15] Later, he created a different program he initially called Facemash that let students select the best-looking person from a choice of photos. Arie Hasit, Zuckerberg's roommate at the time, explained:

We had books called Face Books, which included the names and pictures of everyone who lived in the student dorms. At first, he built a site and placed two pictures or pictures of two males and two females. Visitors to the site had to choose who was "hotter" and according to the votes there would be a ranking.[16]

The site went up over a weekend, but by Monday morning, the college shut it down, because its popularity had overwhelmed one of Harvard's network switches preventing students from accessing the Internet.[17] In addition, many students complained that their photos were being used without permission. Zuckerberg apologized publicly, and the student paper ran articles stating that his site was "completely improper".[16]

In January 2004, Zuckerberg began writing code for a new website.[19] On February 4, 2004, Zuckerberg launched "Thefacebook", originally located at thefacebook.com, in partnership with his roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.[20][21] 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.[21]

Following the official launch of the Facebook social media platform, the three filed a lawsuit against Zuckerberg that resulted in a settlement.[26] The agreed settlement was for 1.2 million Facebook shares and $20 million in cash.[27]

Zuckerberg's Facebook started off as just a "Harvard thing" until he decided to spread it to other schools, enlisting the help of roommate and co-founder Dustin Moskovitz.[28] They began with Columbia University, New York University, Stanford University, Dartmouth College, Cornell University, University of Pennsylvania, Brown University, and Yale University.[29]

Zuckerberg dropped out of Harvard in his sophomore year in order to complete the project.[30] Zuckerberg, Moskovitz and the other co-founders moved to Palo Alto, California, where they leased a small house that served as an office. Over the summer, Zuckerberg met Peter Thiel, who invested in his 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, where Zuckerberg appreciated the "mythical place" of Silicon Valley, the center of computer technology in California.[31][32] 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".[33] The same year, speaking at Y Combinator's Startup School course at Stanford University, Zuckerberg made a controversial assertion that "young people are just smarter" and that other entrepreneurs should bias towards hiring young people.[34]

He restated these goals to Wired magazine in 2010: "The thing I really care about is the mission, making the world open".[35] Earlier, in April 2009, Zuckerberg had sought the advice of former Netscape CFO Peter Currie regarding financing strategies for Facebook.[36] On July 21, 2010, Zuckerberg reported that Facebook had reached the 500-million-user mark.[37] 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.[35]

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".[38][39] Facebook instituted "hackathons" held every six to eight weeks where participants would have one night to conceive of and complete a project.[38] The company provided music, food, and beer at the hackathons, and many Facebook staff members, including Zuckerberg, regularly attended.[39] "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".[38]

In 2007, Zuckerberg was added to MIT Technology Review's TR35 list as one of the top 35 innovators in the world under the age of 35.[40] Vanity Fair magazine named Zuckerberg number 1 on its 2010 list of the Top 100 "most influential people of the Information Age".[41] Zuckerberg ranked number 23 on the Vanity Fair 100 list in 2009.[42] In 2010, Zuckerberg was chosen as number 16 in New Statesman's annual survey of the world's 50 most influential figures.[43]

In a 2011 interview with PBS shortly after the death of Steve Jobs, Zuckerberg said that Jobs had advised him on how to create a management team at Facebook that was "focused on building as high quality and good things as you are".[44]

On October 1, 2012, Zuckerberg met with then Russian Prime Minister Dmitry Medvedev in Moscow to stimulate social media innovation in Russia and to boost Facebook's position in the Russian market.[45][46] Russia's communications minister tweeted that Medvedev persuaded Zuckerberg to open a research center in Moscow instead of trying to lure away Russian programmers. In 2012, Facebook had roughly 9 million users in Russia, while domestic clone VK had around 34 million.[47][48] Rebecca Van Dyck, Facebook's head of consumer marketing, said that 85 million American Facebook users were exposed to the first day of the Home promotional campaign on April 6, 2013.[49]

At the 2013 TechCrunch Disrupt conference, held in September, Zuckerberg stated that he was working towards registering the 5 billion people who were not connected to the Internet as of the conference on Facebook. Zuckerberg then explained that this is intertwined with the aim of the Internet.org project, whereby Facebook, with the support of other technology companies, seeks to increase the number of people connected to the internet.[51][52]

Zuckerberg was the keynote speaker at the 2014 Mobile World Congress (MWC), held in Barcelona, Spain, in March 2014, which was attended by 75,000 delegates. Various media sources highlighted the connection between Facebook's focus on mobile technology and Zuckerberg's speech, stating that mobile represents the future of the company.[53] Zuckerberg's speech expands upon the goal that he raised at the TechCrunch conference in September 2013, whereby he is working towards expanding Internet coverage into developing countries.[54]

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