Biography

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

WHO IS MARK ZUCKERBERG?

From his Harvard University dorm room, Mark Zuckerberg co-founded the social networking website Facebook. Zuckerberg dropped out of college after his sophomore year to focus on the site, which now has a user base of over two billion people, making him a multibillionaire. The Social Network, a 2010 film, depicted the development of Facebook.

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BIOGRAPHY

Mark Zuckerberg, full name Mark Elliot Zuckerberg, (born May 14, 1984, White Plains, New York, United States), American computer programmer and cofounder and CEO of Facebook (2004–).

Zuckerberg was born in White Plains, New York, on May 14, 1984, to a wealthy and well-educated family. He grew up in Dobbs Ferry, a neighbouring community.

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Edward Zuckerberg, Zuckerberg’s father, maintained a dentistry practice in the family’s home. Karen, his mother, worked as a psychiatrist before the couple’s four children, Mark, Randi, Donna, and Arielle, were born.

Zuckerberg was fascinated by computers from an early age, and at the age of 12, he used Atari BASIC to construct “Zucknet,” a messaging application. His father utilized the application in his dentist practice so that the receptionist wouldn’t have to yell across the room to tell him of a new patient. Zucknet was also used by the family to communicate within the house.

He also built computer games purely for fun with his friends. “I had a lot of artist buddies,” he explained. “They’d come over and draw anything, and I’d turn it into a game.”

MARK ZUCKERBERG – Biography Age Family Net-worth & Businesses

WIKI – BIODATA 
Real Name Mark Elliot Zuckerberg
Profession Computer Programmer, Internet Entrepreneur and Philanthropist
Famous For CEO of Facebook, Won Time Person of the Year 2010
Physical Status
Age 37 years old
Height
  • In centimeters- 170 cm
  • |In Feet Inches-5 ft 7 in
Weight
  • In Kilograms- 69 kg
  • In Pounds- 154 lbs
Eye Colour Hazel Grey
Hair Colour Goldish Brown
Personal Information
Date of Birth May 14, 1984
Religion Jewish
Birth Place White Plains, New York, United States
Zodiac sign Taurus
Nationality American
School Name Ardsley High School, Phillips Exeter Academy
College Name Harvard University
Qualifications Harvard University(BS)  Graduation
Family Profile
Father Name Edward Zuckerberg
Mother Name Karen Zuckerberg
Siblings Randi, Donna, and Arielle
Children Maxima (Max) and August
Relationships/Affairs
  • Priscilla Chan Zuckerberg (m 2012 – present)
Career
Source Of Income 13% stake in Meta Platforms, formerly Facebook
Appeared In TV Show: The Oprah Winfrey Show
Net Worth, Salary $74.20 Billion
Hobbies Foiling, Fencing, Rowing, Spear throwing and  Reading.

FAMILY, MARRIAGE, AND PERSONAL LIFE

At a fraternity party while still a Harvard undergraduate, Mark Zuckerberg met Priscilla Chan, a biology student. Their relationship began in 2003. Chan moved on to the University of California, San Francisco, to study medicine.
They moved in together in his rented Palo Alto residence in September 2010. They married in Zuckerberg’s backyard on May 19, 2012. Chan’s medical school graduation was also recognized at the event.

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Before giving birth to their daughter, Maxima, in 2015, Chan had three miscarriages. The couple revealed Maxima’s Chinese name, Chen Mingyu, in February 2016. August, their second daughter, was born in August of 2017.

‘The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius, and Betrayal,’ by American author Ben Mezrich, was published by Doubleday in July 2009. It was then adapted into a film, ‘The Social Network,’ which was released in 2010. The screenplay was written by Aaron Sorkin, directed by David Fincher, and starred Jesse Eisenberg as Mark Zuckerberg.

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

CHILDREN

On May 19, 2012, Mark Elliot Zuckerberg married his longtime girlfriend Priscilla Chan at their Palo Alto, California residence. They had been dating since 2003 and married in 2012. Priscilla Chan Zukerberg is the daughter of Chinese and Vietnamese refugees from Boston. Maxima (four years old) and August are the couple’s two daughters (two years old).

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CAREER

Mark Zuckerberg dropped out of Harvard in 2004, during his second year, and moved to Silicon Valley. He, Moskovitz, and a few of his buddies rented a house in Palo Alto and turned it into their office.

They had already acquired numerous investors and shifted their activity to an actual office by mid-2004. They did, however, consistently resist major firms’ attempts to buy their budding enterprise. Facebook’s objective, as Zuckerberg later emphasized, is to open the globe; it was never about the money.

In July 2010, Zuckerberg revealed that the app’s active user base had surpassed 500 million people. He was placed first on Vanity Fair’s Top 100 “most influential persons of the Information Age” list that year. They passed the one billion user mark in October 2012. Zuckerberg announced in June 2017 that Facebook has reached two billion users.

Wirehog, a peer-to-peer file sharing service, was founded by Zuckerberg, Andrew McCollum, Adam D’Angelo, and Sean Parker in August 2004. However, it received far less traction than its major competitor, i2hub, and was finally shut down.

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

He launched Facebook Platform in May 2007, a program that invites third-party developers to create Facebook applications. The current Facebook Platform version was released in 2010.
Instagram, a photo and video-sharing social media website, was bought by Facebook in 2012. Two years later, the business purchased WhatsApp, a mobile messaging service.

Facebook, Samsung, Ericsson, MediaTek, Opera Software, Nokia, and Qualcomm established Internet.org in August 2013 with the goal of providing better and more inexpensive access to chosen internet services in underdeveloped and developing nations.

Zuckerberg has met with foreign leaders including Indian Prime Minister Narendra Modi and Russian President Vladimir Putin to discuss their countries’ technological infrastructure. Despite the fact that Facebook is outlawed in China, the Chinese people hold Zuckerberg in high regard.

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MARK ZUCKERBERG INVESTMENTS & BUSINESSES TILL DATE

Many of Zuckerberg’s personal endeavors are motivated by a sense of social responsibility. CZI has recently made investments and grants in technical solutions for healthcare, climate change, and education. Zuckerberg has backed a number of businesses, including:

Bluefield Technologies develops sensors and microsatellites to detect methane leakage.

LEANLAB Education is a non-profit organization that creates educational technology.

BYJU’s is an Indian corporation that specializes in educational technologies.

Varsity Tutors, an online tutoring marketplace, is owned by Nerdy (NYSE:NRDY). Nerdy is CZI’s first public offering.

CarbonBuilt, a low-cost, low-carbon concrete manufacturer.

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

Zuckerberg’s most significant investment is in Meta Platforms. He holds around 400 million Meta shares, which account for the majority of his $80 billion net worth.

Instagram, WhatsApp, and Oculus were three of Zuckerberg’s best investments made through Meta. Intercom, which came into his portfolio via Iconiq Capital, was another smart pick. Iconiq is a private venture financing firm with clients including Mark Zuckerberg and other billionaires.

1.Instagram

In 2012, Meta paid $1 billion for Instagram. The photo-sharing software had 50 million users and no money at the time. Since then, Instagram has grown to over one billion users worldwide. Ad income from the app is expected to be worth $20 billion a year.

Bloomberg estimated Instagram’s standalone value at $100 billion in 2018. In six years, the value increased from $1 billion to $100 billion, a compound annual growth rate of 115 percent.

2. Using WhatsApp
Meta purchased WhatsApp for an eye-popping $19 billion two years after purchasing Instagram. WhatsApp’s momentum drove the transaction, even if the company wasn’t profitable. The app had 450 million users and was growing at a rate of one million each day.

The increase in users has continuing. WhatsApp will have 2 billion users worldwide by 2020. WhatsApp’s original revenue generating, a $1 monthly fee, has since been dropped by Meta. Instead, Meta is directing WhatsApp business customers to premium services like Facebook and Instagram ad campaigns. The revenue impact of this technique is not broken out by Meta.

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3. Oculus Virtual Reality
In 2014, Meta paid $2 billion acquire VR headset company Oculus VR. It’s difficult to disagree that the purchase has paid off eight years later. According to research firm IDC, Oculus is the market leader in VR headsets, with a 75 percent market share. In addition, Oculus sales have increased from a projected 3.5 million units in 2020 to a range of 5.3 million to 6.8 million devices in 2021.

Although the company’s growth is encouraging, Oculus has yet to realize its full potential. Meta Quest, which was recently renamed, is poised to be the launching pad for Meta’s metaverse dominance.

Meta Quest 2, the most recent headset release, offers instant entry to the metaverse for a starting price of $400. If this increases user interest and participation in the metaverse, Meta’s larger strategy begins to take shape. That might make Zuckerberg’s acquisition of Oculus the best decision he’s ever made.

4. Intercom Intercom was founded in Dublin, Ireland, in 2011. With the 2014 Series C round, which brought Intercom’s total funding to $66 million, Zuckerberg got involved via Iconiq. The messaging software startup raised another $125 million at a $1.3 billion valuation four years later.

Intercom CEO Karen Peacock revealed in 2021 that the company was planning for an IPO, so keep an eye on this one. Peacock didn’t disclose when the product will be available, but she did remark that Intercom’s income had increased dramatically since 2018. The company’s value has now surpassed the $1.3 billion threshold from its Series D financing.

MARK ZUCKERBERG – Biography, Age, Family, Net-worth & Businesses

NET WORTH

Mark Zuckerberg’s overall net worth is believed to be at 74.2 billion dollars, which is roughly 5.68 lakh crore rupees in Indian currency (i.e. approx Five Lakh Sixty Eight Crore INR). Also, Facebook subsidiaries such as WhatsApp, Instagram, and Facebook Messenger account for the majority of his earnings.

In recent years, Mark Zuckerberg and Priscilla Chan have emerged as major donors. The Chan Zuckerberg Initiative (CZI) was formed by the couple and focuses on problems such as education, health and life sciences, technology and data, immigration and reform, and other changes.

 

 

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