B1 Intermediate 1961 Folder Collection
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The life and biography of Mark Zuckerberg, one of the world's youngest billionaires.
Synopsis. 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.
Early Life.
Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York, into a comfortable,
well-educated family, and raised in the nearby village of Dobbs Ferry. His father, Edward
Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked
as a psychiatrist before the birth of the couple's four children—Mark, Randi, Donna
and Arielle.
Zuckerberg developed an interest in computers at an early age; when he was about 12, he
used Atari BASIC to create a messaging program he named "Zucknet." His father used the program
in his dental office, so that the receptionist could inform him of a new patient without
yelling across the room. The family also used Zucknet to communicate within the house. Together
with his friends, he also created computer games just for fun. "I had a bunch of friends
who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."
To keep up with Mark's burgeoning interest in computers, his parents hired private computer
tutor David Newman to come to the house once a week and work with Mark. Newman later told
reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses
at nearby Mercy College around this same time.
Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in
New Hampshire. There he showed talent in fencing, becoming the captain of the school's team.
He also excelled in literature, earning a diploma in classics. Yet Zuckerberg remained
fascinated by computers, and continued to work on developing new programs. While still
in high school, he created an early version of the music software Pandora, which he called
Synapse. Several companies—including AOL and Microsoft—expressed an interest in buying
the software, and hiring the teenager before graduation. He declined the offers.
Time at Harvard.
After graduating from Exeter in 2002, Zuckerberg enrolled at Harvard University. By his sophomore
year at the ivy league institution, he had developed a reputation as the go-to software
developer on campus. It was at that time that he built a program called CourseMatch, which
helped students choose their classes based on the course selections of other users. He
also invented Facemash, which compared the pictures of two students on campus and allowed
users to vote on which one was more attractive. The program became wildly popular, but was
later shut down by the school administration after it was deemed inappropriate.
Based on the buzz of his previous projects, three of his fellow students—Divya Narendra,
and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking
site they called Harvard Connection. This site was designed to use information from
Harvard's student networks in order to create a dating site for the Harvard elite. Zuckerberg
agreed to help with the project, but soon dropped out to work on his own social networking
site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin.
Zuckerberg and his friends created a site that allowed users to create their own profiles,
upload photos, and communicate with other users. The group ran the site—first called
The Facebook—out of a dorm room at Harvard until June 2004. After his sophomore year,
Zuckerberg dropped out of college to devote himself to Facebook full time, moving the
company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.
The Rise of Facebook.
In 2005, Zuckerberg's enterprise received a huge boost from the venture capital firm
Accel Partners. Accel invested $12.7 million into the network, which at the time was open
only to ivy league students. Zuckerberg's company then granted access to other colleges,
high school and international schools, pushing the site's membership to more than 5.5 million
users by December 2005. The site then began attracting the interest of other companies,
who wanted to advertize with the popular social hub. Not wanting to sell out, Zuckerberg turned
down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding
the site, opening up his project to outside developers and adding more features.
Zuckerberg seemed to be going nowhere but up, however in 2006, the business mogul faced
his first big hurdle. The creators of Harvard Connection claimed that Zuckerberg stole their
idea, and insisted the software developer needed to pay for their business losses. Zuckerberg
maintained that the ideas were based on two very different types of social networks but,
after lawyers searched Zuckerberg's records, incriminating Instant Messages revealed that
Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection
and offered Facebook users' private information to his friends.
Zuckerberg later apologized for the incriminating messages, saying he regretted them. "If you're
going to go on to build a service that is influential and that a lot of people rely
on, then you need to be mature, right?" he said in an interview with The New Yorker.
"I think I've grown and learned a lot."
Although an initial settlement of $65 million was reached between the two parties, the legal
dispute over the matter continued well into 2011, after Narendra and the Winklevosses
claimed they were misled in regards to the value of their stock.
Zuckerberg faced yet another personal challenge when the 2009 book The Accidental Billionaires,
by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling
of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional
characters. Regardless of how true-to-life the story was, Mezrich managed to sell the
rights of the tale to screenwriter Aaron Sorkin, and the critically acclaimed film The Social
Network received eight Academy Award nominations.
Zuckerberg objected strongly to the film's narrative, and later told a reporter at The
New Yorker that many of the details in the film were inaccurate. For example, Zuckerberg
has been dating longtime girlfriend Priscilla Chan, a Chinese-American medical student he
met at Harvard, since 2003. He also said he never had interest in joining any of the final
clubs. "It's interesting what stuff they focused on getting right; like, every single shirt
and fleece that I had in that movie is actually a shirt or fleece that I own," Zuckerberg
told a reporter at a start-up conference in 2010. "So there's all this stuff that they
got wrong and a bunch of random details that they got right."
Yet Zuckerberg and Facebook continued to succeed, in spite of the criticism. Time magazine named
him Person of the Year in 2010, and Vanity Fair placed him at the top of their New Establishment
list. Forbes also ranked Zuckerberg at No. 35—beating out Apple CEO Steve Jobs—on
its "400" list, estimating his net worth to be $6.9 billion.
Philanthropic Causes.
Since amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of
philanthropic causes. The most notable examples came in 2010. In September of that year, he
donated $100 million to save the failing Newark Public Schools system in New Jersey. Then,
in December 2010, Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent
of his wealth to charity over the course of his lifetime. Other Giving Pledge members
include Bill Gates, Warren Buffett and George Lucas. After his donation, Zuckerberg called
on other young, wealthy entrepreneurs to follow suit. "With a generation of younger folks
who have thrived on the success of their companies, there is a big opportunity for many of us
to give back earlier in our lifetime and see the impact of our philanthropic efforts,"
he said.
Going Public.
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.
On May 19, 2012—a day after the IPO—Zuckerberg wed his longtime girlfriend, Priscilla Chan.
About 100 people gathered at the couple's Palo Alto, California home. The guests thought
they were there to celebrate Chan's graduation from medical school, but instead they witnessed
Zuckerberg and Chan exchange vows.
In May 2013, Facebook made the Fortune 500 list for the first time—making Zuckerberg,
at the age of 28, the youngest CEO on the list.
Zuckerberg is the creator of the famous Social network Facebook, we present to you his career
and his life, how became Zuckerberg the most young wealth and famous in the world ! Thank
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Who is Mark Zuckerberg !? The secrets of Facebook and Zuckerberg

1961 Folder Collection
莊曉婷 published on October 19, 2015
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