We all use Facebook, daily, especially when we should be doing better things with our time. But we simply can’t seem to resist that urge to open our notifications; it is so strong it is almost physical.
Facebook has been blamed for a number of things, including distracting people but nobody can deny its role in connecting millions of people across the planet and besides looking at its social role it has really changed the dynamics of marketing of products and services. Today Facebook has been registering 2 billion monthly active users, it has also seen a growth of 21% mobile active users to 1.74 billion users and looking on daily statistics the social network has been registering about 1.32 billion users who log in every day.
With such statistics Facebook remains the most popular social network worldwide and the question is when it registers a profit of $1.1 billion its founder and the CEO what is he really worth that’s Mark Zuckerberg net worth? The man behind it all is a college dropout, Mark Zuckerberg. He struck it big, in 2004, with the release of Facebook now he ranks among the very top richest people alive. Here is the mark Zuckerberg net worth and his journey to what he is today a billion-dollar tech fortune.
Table of Contents
Biography & Career
Born in 1984 in White Plains, New York to Karen and Edward Zuckerberg, Mark Zuckerberg was the only male child, amongst three sisters. He is of German, Austrian and Polish lineage. They were all raised in the small village of Dobbs Ferry, in New York. Zuckerberg had the typical Jewish upbringing, attending a bar mitzvah when he was thirteen. In high school, Mark Zuckerberg was your classic geek, with a twist. While he excelled in classes, he was also good in some sports, being captain of his school’s fencing team.
Zuckerberg was incredibly gifted, demonstrating an affinity for the sciences. After transferring from Ardsley High School to Phillips Exeter Academy which is a prestigious private school, Zuckerberg continued to show his academic talents, winning prizes in physics, math, astronomy and classic studies. He is also a polyglot, being proficient in French, Hebrew, Latin and ancient Greek. Later on, he attended the Johns Hopkins Center for Talented Youth summer camp. While in middle school, when many kids his age were playing games, Zuckerberg was familiarizing himself with computers and writing software. A moment of silence for our wasted childhoods. In the ‘90s, he learnt Atari BASIC Programming from his father and was later assigned a private tutor, David Newman who is a software developer. Even at his young age, his talent was undeniable, with Newman calling him a “prodigy”.
Zuckerberg took a graduate course in programming while he was in high school. He loved developing computer programs, and was partial to those that aided communication and games. In one instance, his program which he christened “ZuckNet” allowed the computers in his home and in his father’s dental practice to communicates. The program is regarded a “primitive” version of Instant Messenger which was released to the public the following year. During this period, Zuckerberg recalls hosting some of his artistic friends, who would draw “stuff” which he would make a game out of. Programming wasn’t his only interest, and his friends knew him to be a young man of many talents. He earned a classics diploma, and is said to be lover of Greek odysseys. As a matter of fact, he once quoted lines from a Roman poem called Aeneid while at a Facebook product conference. While he was still in high school, he built a music player called the Synapse Media Player which was under the umbrella company Intelligent Media Group. The music player, utilized machine learning to master the user’s listening habits. Slashdot gave the product a moderately good rating of 3 out of 5. Fresh out of high school, Zuckerberg joined Harvard University, having already established himself as a “programming prodigy”. While in Harvard, he studied psychology and computer science. He belonged to fraternities: Alpha Epsilon Pi and Kirkland House.
In his second year of campus, he developed a program called CourseMatch that allowed his class members to make selection decisions based on previous decisions of other students and which enabled them to form class groups. Later on, he created an account that he called FaceMash that enabled the students to select the “hottest” person from an array of photos. His roommate recalls that Zuckerberg developed the program “for fun”. The site had pictures of everyone in the dorms, and after tallying the votes, there would be a ranking. FaceMash went up over the weekend but was pulled down by Monday owing to the site’s popularity overwhelming the university’s network switches. The site also understandably offended some students, with many complaining about unauthorized use of their photos. Zuckerberg had to publicly apologize following the backlash.
In 2004, Zuckerberg began developing a new program initially called Thefacebook. He later dropped out of college to release Facebook on February 4 2004. It was initially juts used by Harvard students till Zuckerberg spread it to other colleges. Soon after its release, Facebook got several offers from conglomerates to buy the company. Zuckerberg turned them down however, preferring to keep it the information flow open for the public. Zuckerberg intended for the site to open the world up to people. Even with advertising being an untapped source of revenue, Zuckerberg was unwilling to use it to gain more money. Zuckerberg is widely regarded as a hacker. He himself has previously stated that it was fine to break things to make them better.
AWARDS AND ACHIEVEMENTS
Zuckerberg was ranked number one by Vanity Fair in their 2010 Top 100 most influential people of the Information Age. This was a huge step up from number 23 in the magazine’s previous ranking. In 2010, he was ranked number 26 by the New Statesman in their yearly list of the world’s top 50 influential figures.
He visited the Russian Prime Minister in 2012, to boost web innovation in the country and also to strengthen his company’s position in the Russian market.
In 2013, he attended the TechCrunch Disrupt conference where he declared his goal to register the 5 billion people that were not connected to the internet. Zuckerberg was the main speaker at the 2014 Mobile World Congress in Spain which had 75,000 attendees. His speech praised mobile as being his company’s future. It also expands on his previous declaration on working to provide internet to developing countries.
How much is MARK ZUCKERBERG Net Worth?
Mark Zuckerberg’s net worth amounts to $71.4 billion. This staggering amount has made him the fifth-largest person in the world. Much of his wealth results from his Facebook shares which means his wealth basically increased or decreases depending on the stock market. His earnings are primarily from his being the CEO of Facebook and for being an internet entrepreneur. Mark Zuckerberg net worth of $71.4 which changes daily depending on the company revenue and profitability in a given time. He is now on the top 5 richest billionaires in the world a list which consists of tech gurus such as Warren Buffet, Bill Gates, Larry Ellison and Jeff Bezos.
5 Things you need to know about Mark Zuckerberg
As with all public figures, there are certain things that most people do not know about them. Here are 5 interesting facts about Zuckerberg probably you dint know:
1. He is very frugal – As one of the richest men on the planet, you would expect, Zuckerberg to be a spendthrift; after all he can afford to be one. However, he has stated that he found most of his apartments on Craiglist. He believes in low cost living and high thinking.
2. His eyesight is the reason Facebook’s scheme is blue – Mark Zuckerberg has red-green color blindness which inspired Facebook’s current color scheme. As the current CEO, changing the color is just one of the perks.
3. He almost worked for Microsoft – When he and fellow creator, Adam D’Angelo created the Synapse Media Player, Microsoft offered to acquire the company and its founders. The two however decided to get a patent for the program and went on to Harvard.
4. His dog is almost as famous as him – Beast, his sheep dog has his own Facebook page. The page has garnered 2 million likes. As a matter of fact Zuckerberg’s daughter’s first word was “dog”.
5. His first meeting with his wife was unglamorous – Mark Zuckerberg and Priscilla Chan met a bathroom line at a fraternity party at Harvard University. They got married years later at a private ceremony in his house’s backyard and have two daughters.
Mark Zuckerberg is a genius and motivational figure for emerging entrepreneur. As a Harvard dropout, he alongside Bill Gates is often cited when motivating the youth with no college degrees. His dedication to making the world a better place is seen in his foundation which recently pledged to donate $3 billion dollars to fighting deadly diseases. He is truly an inspirational figure who has accomplished plenty in his short life. Mark Zuckerberg net worth and the top 5 richest people on earth net worth is a reflection of what technology can do to change your fortunes in a matter of time.