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Account icon An icon in the shape of a person's head and shoulders. It often indicates a user profile. Log out. US Markets Loading H M S In the news. Avery Hartmans. See more stories on Insider's business page. He was born to Edward and Karen Zuckerberg, a dentist and psychiatrist, respectively.
He has three siblings: Randi, Donna, and Arielle. He also coded computer games for his friends at a young age. While attending high school at the renowned Phillips Exeter Academy in New Hampshire, he built an early music streaming platform, which both AOL and Microsoft showed interest in.
Still a teen, he rejected offers for an acquisition or a job. He wasn't just a computer nerd, though. Zuck loved the classics — "The Odyssey" and the like — and he became captain of his high school fencing team. Soon after Zuckerberg started at Harvard University in , he earned a reputation as a skilled developer. His first hit was "Face mash," a hot-or-not-style app that used the pictures of his classmates that he hacked from the school administration's dormitory ID files.
Zuckerberg met his now-wife, Priscilla Chan, at Harvard in Zuckerberg started "The Facebook" with several friends out of his dorm room, and dropped out of school in , after his sophomore year, to focus on the social network full-time. Zuckerberg wasn't always the polished statesman he is now. The rest is history. In , Time magazine named Zuckerberg "Person of the Year. Not many tech CEOs get to see themselves immortalized on the big screen, but the movie "The Social Network" put a dramatized version of Facebook's founding story in theaters.
The film earned eight Academy Award nominations, but Zuckerberg strongly maintains that many of its details are incorrect. Throughout Facebook's rise to greatness, Zuckerberg also spent his free time studying Chinese. Zuckerberg took Facebook public on May 18, Impact Investor The goal of impact investing is to create social or environmental impact, plus financial returns.
The goal of impact investing is to create social or environmental impact, plus financial returns. Facebook, the social network Zuckerberg runs, has been an information hub during the pandemic, but has come under scrutiny for spreading vaccine misinformation. In June , a judge dismissed antitrust cases brought by states and the federal government, which could have forced Facebook to sell off Instagram and WhatsApp.
Zuckerberg started Facebook at Harvard in at the age of 19 for students to match names with photos of classmates. America's Richest Entrepreneurs Under 40 Age Source of Wealth Facebook, Self Made. Self-Made Score 8. Philanthropy Score 2.
Residence Palo Alto, California. Citizenship United States. Marital Status Married. Children 2. Education Drop Out, Harvard University. Zuckerberg was criticized for the proliferation of fake news posts on his site leading up to the U. In early , he announced a personal challenge to develop improved methods for defending Facebook users from abuse and interference by nation-states.
Previous personal challenges began in New Year's and have included only eating meat he killed himself and learning to speak Mandarin. The resulting outcry seemed to shake investors' confidence in Facebook, its shares dropping by 15 percent after the news became public. Following a few days' silence, Zuckerberg surfaced on various outlets to explain how the company was taking steps to limit third-party developers' access to user information, and said he would be happy to testify before Congress.
On Sunday, March 25, Facebook took out full-page ads in seven British and three American newspapers, penned in the form of a personal apology from Zuckerberg. He promised the company would investigate all of its apps, and remind users which ones they can shut off.
Amid increasing calls for his resignation from investor groups, Zuckerberg traveled to Capitol Hill and met with lawmakers ahead of his two-day testimony, scheduled for April 10 and The first day of hearings, with the Senate Commerce and Judiciary Committees, was considered a tame affair, with some senators seemingly struggling to understand the business model that powered the social media giant.
The follow-up hearing before the House Energy and Commerce Committee proved far testier, as its members grilled the Facebook CEO over privacy concerns. During the day's testimony, Zuckerberg revealed that his personal information was among the data harvested by Cambridge Analytica, and suggested that legal regulation of Facebook and other social media companies was "inevitable. The surge bumped Zuckerberg past Berkshire Hathaway chief Warren Buffett to become the world's third-richest person, behind fellow tech titans Jeff Bezos and Bill Gates.
Any gains were wiped out when Facebook shares dropped a staggering 19 percent on July 26, following an earnings report that revealed a failure to meet revenue expectations and slowing user growth. The stock rebounded, and Zuckerberg remains one of the world's wealthiest people. In , Forbes ranked Zuckerberg at No. In June , Facebook announced it was getting into the cryptocurrency business with the planned launch of Libra in Along with developing the blockchain technology to power its financial infrastructure, Facebook established a Switzerland-based oversight entity called the Libra Association, comprised of tech giants like Spotify and venture capital firms like Andreessen Horowitz.
Despite providing assurances that Facebook would withdraw from the Libra Association if the project failed to garner approval from regulators, Zuckerberg faced pointed questioning from skeptical lawmakers who cited the Cambridge Analytica fiasco and other past transgressions.
Zuckerberg has been married to Priscilla Chan, a Chinese-American medical student he met at Harvard, since About people gathered at the couple's Palo Alto, California home for the ceremony.
The guests thought they were there to celebrate Chan's graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows. Zuckerberg has two daughters, Max, born on November 30, , and August, born on August 28, The couple announced they were expecting both of their children on Facebook.
When Zuckerberg welcomed Max, he announced he would be taking two months of paternity leave to spend with his family. Since amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes.
Then, in December , Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime. After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit. In November , Zuckerberg and his wife also pledged in an open letter to their daughter that they would give 99 percent of their Facebook shares to charity. They also announced the founding of Chan Zuckerberg Biohub , a San Francisco-based independent research center that will bring together engineers, computer scientists, biologists, chemists and others in the scientific community.
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