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27 Desember 2013

Mark Zuckerberg - Founder and CEO of Facebook - Facts and All About


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Mark Zuckerberg, the man of the hour and Time person of the year, 2010, is the founder and CEO of Facebook. His creation is on road to become one of the most valuable tech companies of the world as Facebook debuts at the Nasdaq stock exchange on 18th May, 2012. At $38 per share, the Facebook has a market capitalization of $104 billion, making it not only one of the biggest in Silicon Valley, but one of the biggest in the world. Mark's 443 million shares are worth $16.9 billion at $38 a share.

In the filed listing it was revealed that Facebook's revenue was an astounding $3.7 billion while it generated $1 billion in profit.   Mark himself earned a handsome base salary of $500, 000 amounting to an annual $1.7 million pay package.   Owning  28 % share of Facebook, he will be worth 28 billion USD once the company becomes public and will be standing at front in the queue of richest persons on the planet.

Born on May 14, 1984 to Edward Zuckerberg and Karen Zuckerberg, Mark was a child prodigy, programming and creating games at the age, when one is usually playing them. He repeatedly asserted his extraordinary potential as a computer programmer through different inventions. In his early teens he created a music player named Synapse as a school project using some help from a friend, which used artificial intelligence to understand one’s taste in music and created a playlist accordingly.

Software bigwigs like Microsoft and AOL tried to buy it and even recruit Mark. But he refused both. Instead he went to Harvard in 2002. On Feb 4, 2004, with the help of his roommates, Dutsin Moskovitz and Chris Hughes and using the finance provided by another friend Eduardo Saverin, he launched what was called then, The Facebook. It was an instant hit, and soon made Mark the next big thing.

In 2007, he was named as the world’s youngest billionaire and continues to dominate the internet space like no one else. His site, which has ubiquitous presence all across the globe, has now over 850 million members, which in terms of population can be termed as the third largest entity after China and India. A man of radical notions and tremendous genius, Mark wants the world to be a more open place, where every person is connected to other, sharing their personnel lives and dreams that his invention, Facebook would be successful in doing that.



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