The Two Minute Bio: Mark Zuckerberg

Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world’s youngest billionaires.
Born on May 14, 1984, in White Plains, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room. He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to more than 250 million people, making Zuckerberg a billionaire. The birth of Facebook was recently portrayed in the film The Social Network.Zuckerberg made two major life changes in May 2012. Facebook had its initial public offering, which raised $16 billion, making it the biggest internet IPO in history. How Zuckerberg’s company will handle this influx of cash remains to be seen. But Zuckerberg may be looking at more acquisitions. He personally negotiated the company deal to buy Instragram the previous month.

After the initial success of the IPO, the Facebook stock price dropped somewhat in the early days of trading. But Zuckerberg is expected to weather any ups and downs in his company’s market performance. He holds more than a quarter of its stock and retains 57 percent control of the voting shares.

Interesting fact: 

Mark Zuckerberg was one of the early adopters of Google+, saying that it validated his vision of mainstream social networking. In 2011, Zuckerberg was the most followed user on Google+, with even more followers than Google co-founders Larry Page and Sergey Brin.

 

Net Worth: $74b

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