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Mark Zuckerberg


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Mark Zuckerberg

  1. 1. Mark Zuckerberg By: Bethany Johnson 7th Block
  3. 3. The Facts Born on May 14, 1984 in White Plains, New York to Edward and Karen Zuckerberg Grew up in Dobbs Ferry, New York Jewish family His dad is a dentist and his mom is a doctor
  4. 4. Education & Social Life Zuckerberg started his high school education at Ardsley High School in Ardsley, New York, but he found that this school wasn’t challenging him enough so he transferred to Phillips Exeter Academy, a boarding school in Exeter, New Hampshire After graduating high school, he attended Harvard University but dropped out after his sophomore year
  5. 5. Started programming in middle school and he was very interested in creating communication programs and games Created a communication program to help the workers in his dad’s office and a computer version of the game Risk He also created a music program called Synapse which used artificial intelligence to learn about the user’s listening habits
  6. 6. Because of Synapse, Microsoft and AOL tried to recruit Zuckerberg and buy his program but he decided to go to Harvard instead While at Harvard he joined the jewish fraternity Alpha Epsilon Pi and was known for reciting lines from epic poems such as The Illiad
  7. 7. Where did the name come from? An actual facebook is a student directory that is published by a school every year with pictures of all students faculty and staff These facebooks were a very common thing among most colleges and prep schools
  8. 8. How it began and bumps along the way On October 28, 2003 Zuckerberg was blogging about a girl who had dumped him when he got the idea to create Facemash Facemash was a Harvard version of Hot or Not. It compared two people and the users voted on which one was “hotter” Zuckerberg hacked into Harvard’s computer network to obtain the pictures of students from the different dorm’s online facebooks The site was shut down a few days later by the Harvard administration and Zuckerberg faced expulsion but the charges were dropped Later that semester he expanded on his initial site by uploading images for an art history final and allowing comments on the images so the students could share their notes. The professor said it had the best grades of any final he had ever given
  9. 9. Inspired by an article in The Harvard Crimson about the Facemash incident, Zuckerberg started writing code for a new site On February 4, 2004 he launched Within 24 hours the site had between 12 and 15 hundred members Membership was originally restricted to Harvard students but gradually expanded to most colleges in the US and Canada In 2004 the company incorporated and moved to Palo Alto, California. Sean Parker, who had been advising Zuckerberg became the company’s president The company bought the domain name facebook for $200,000 in 2005 dropping the the from the name
  10. 10. On September 26, 2006 Facebook opened to everyone over the age of 13 with a valid e-mail address Soon after facebook was first created, three Harvard seniors accused Zuckerberg of stealing their idea for the site. Their site was going to be called Zuckerberg had originally planned to help them with their site but he already had facebook in the works when they wanted him to make HarvardConnection A few month after was launched they launched their site which they called ConnectU instead of HarvardConnection In September 2004 ConnectU sued Zuckerberg for allegedly stealing their idea. In February 2008 they agreed to settle the suit but in June of the same year ConnectU appealed the settlement accusing facebook of trading its stock without disclosing material information. This appeal is ongoing.
  11. 11. The Financial Side The very first investor in Facebook was technically Zuckerberg’s friend from Harvard, Eduardo Saverin. He ivested $15,000 to pay for the first servers Although Saverin was the really the first, the person who gets the most credit for being the first investor is Peter Theil, former PayPal CEO, who invested $500,000 in June 2004
  12. 12. Zuckerberg Today Zuckerberg has a net worth of $4 billion He is the youngest billionaire in the world at the age of 25 212 richest person on the Forbes richest people list
  13. 13. What type of business is Facebook? Facebook is a privately owned and operated social network site owned by Facebook Incorporated.
  14. 14. Facebook’s Mission Zuckerberg created Facebook as a way for people to share information and access information. If they have the ability to do this they are able to connect more with the people around them and understand more of what is going on in their world.
  15. 15. Interesting Facts Microsoft wanted to invest in Facebook but was originally turned down. Now they own 1.6% of the company’s shares Facebook has over 500 full time employees and is worth about $15 billion On November 30, 2007 the 11th richest man in the world, Li Ka-shing, invested $60 million dollars in the company There are over 250 million registered users on Facebook Over 1 billion photos and 10 million videos are uploaded to Facebook each month The age group that uses Facebook the most is 35-45 years
  17. 17. Bibliography "Mark Zuckerberg Bio, Founder of Facebook." N.p., n.d. Web. 6 Apr 2010. <>. Carlson, Nicholas. "At Last--The Full Story of How Facebook Was Founded." Bussiness Insider. N.p., 03/10/2010. Web. 6 Apr 2010. <http:// about-that-after-i-get-all-the-basic-functionality-up-tomorrow-night-1>. "The World's Billionaires #212 Mark Zuckerberg." N.p., 03/10/2010. Web. 6 Apr 2010. < billionaires-2010_Mark-Zuckerberg_I9UB.html>. Vogelstein, Fred. "Facebook's MArk Zuckerberg Open's Up." N.p., 07/01/2009. Web. 6 Apr 2010. < 06/30/wired.facebook.zuckerberg/index.html>.