Today we are discussing on Mark Zuckerberg, Founder & C.E.O. & Chairman of Facebook. He was born in May 14, 1984 in White Plains, New York, U.S. His personal wealth, as of july 2015, is estimated to be $38.6 billion dollars. Zuckerberg receives a one-dollar salary as C.E.O. of Facebook, Yes its a truth. He is taking a 1 dollar salary as C.E.O. of Facebook. He founded his company with his college roommates and friends of Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. He launched Facebook from his dormitory on february 4, 2004. In 2007, at the age of 23, he became a billonaire. In Today’s count Facebook users worldwide users reached a total of 1.5 billion. Zuckerberg was involved in various legal disputes that were initiated by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.
According to writer Jose Antonio Vargas, “some kids played computer games. Mark created them.”
In his college years, he created a program he initially called Facemash that let students select the best looking person from a choice of photos. According to Zuckerberg’s roommate at the time, Arie Hasit, “he built the site for fun”. Facemash was actually a website where he 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.
Originaly Facebook is called as “The Facebook” and the domain was “thefacebook.com”. Six days after the site launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com, while he was instead using their ideas to build a competing product. The three complained to the Harvard Crimson and the newspaper began an investigation in response. Following the official launch of the Facebook social media platform, the three filed a lawsuit against Zuckerberg that resulted in a settlement. The agreed settlement was for 1.2 million Facebook shares that were worth US$300 million at Facebook’s IPO. Zuckerberg dropped out of Harvard in his sophomore year to complete his project.
Later on, In a public Facebook post, Zuckerberg launched the Internet.org project in late August 2013. Zuckerberg explained that the primary aim of the initiative is to provide Internet access to the 5 billion people who are not connected as of the launch date. Using a three-tier strategy, Internet.org will also create new jobs and open up new markets, according to Zuckerberg.
Facebook made an offer to purchase Instagram, along with its 13 employees, for approximately US$1 billion in cash and stock in April 2012.
Today’s Instagram value is more than $35 billion & have 300 million users…
On february 2014, Facebook bought Whatsapp in $19 billion
& have 800 million users………