Mark Zuckerberg

Mark Elliot Zuckerberg is an internet entrepreneur and computer programmer; but he is more known as the top co-founding member of the social networking giant—Facebook. According to Forbes, his net worth is approximately around US$19 Billion. Currently, Mark Zuckerberg is Facebook’s chief executive and chairman.

Quick Facts

Net Worth: $19 Billion

Source: Facebook

Born: May 14, 1984 

Nationality: American

mark zuckerberg

Youngest Billionaire

Zuckerberg is among the youngest billionaire’s of 2013 as tagged by the prestigious TIME magazine, along with his other Facebook co-founders. He is also dubbed as the youngest self-made billionaire in history at 23 years old, as reported by a Forbes Associate Editor, Matthew Miller. Although, Zuckerberg’s Forbes ranking have been oscillating up and down for the past few years, he came back with a vengeance on Forbes 400 of 2013, ranking within the top 20 list after the 2012 Facebook fiasco.

facebook founder

Facebook, the brain child of Zuckerberg

Facebook

Facebook was Mark Zuckerberg’s brain child, hatched inside his dormitory in Harvard during his freshmen year (Ferbruary 4, 2004). His work was inspired by a student directory from a prep school from where Zuckerberg graduated in 2002. The school directory was called by insiders as ‘The Facebook,’ which users found to be an important part of student’s social experience by listing phone numbers, friends and class years.

In order to complete Facebook, Zuckerberg decided to drop out of Harvard on his second year and devoted his time on the project while moving to Palo Alto, California. And after that, as they say, the rest was history.

Lawsuits

The road to success was not as easy as it seems, Zuckerberg actually faced several lawsuits with regards to building a social network, the Harvard Crimson. The case was filed by Harvard then-seniors Divya Narendra, Tyler Winklevoss and Cameron Winklevoss. Fortunately, the lawsuit was settled with an agreement of 1.2m in Facebook shares amounting to $300 Million of IPO on Facebook.

Another lawsuit was filed by Facebook co-founder Eduardo Saverin, but the case was settled out of court and the details were never divulged in public. But, this much is true, as acknowledged by Facebook that Saverin is indeed amongst the company’s co-founder.

Another lawsuit was filed by Paul Ceglia who is claiming for 84% ownership of Facebook and other damages which became a sensational news story after the court has dismissed the lawsuit as ‘completely frivolous’. Fortunately for Zuckerberg, the case has remained closed and there were no out of court settlements made. In fact, Ceglia went to jail for tapping, fabricating and destroying evidence against Zuckerberg.

mark zuckerberg wife

Zuckerberg and wife, Priscilla Chan

Personal Life

Mark Zuckerberg got hitched on May 19, 2012 to college sweetheart Priscilla Chan. The ceremony took place in a very private and surprise gathering at the newlyweds’ Palo Alto home. Zuckerberg’s home in Palo Alto was purchased in 2011 for a whopping $7 million. Current murmurs from the grapevine have allege that Zuckerberg is on a real estate buying spree, snapping up four neighboring homes near his house for a grand sum of $30 million.

Mrs. Zuckerberg or Cilia as she is fondly called by friends, just graduated from med school at the University of California in San Francisco, just weeks before the marriage. She is born in Massachusetts from Chinese parents. She is clearly a brainiac, having graduated as class valedictorian in High School and went on to pursue Biology in Harvard where she met her love interest, Mark Zuckerberg.

It’s also interesting to know that Mark is a pet-lover—specifically, a dog lover. He and his wife own a Hungarian sheepdog that they have named as Beast.

zuckerberg and wife honeymoon in Rome

Zuckerberg and wife honeymoon in Rome

mark zuckerberg house

Zuckerberg's House

Philanthropy

Mark Zuckerberg is not just known for his wealth, he is also famous for being a philanthropist. Along with other bigwigs, he signed the ‘giving pledge’ wherein he promises to give out half of his wealth to charity in a certain span of time.

Other philanthropic projects that Mark has donated to are:

  • $100 million to Newark Public Schools
  • 18 million of Facebook shares to the Silicon Valley Community Foundation, which is approximately $500 million.

Interesting Facts About Mark Zuckerberg

  • The reason why the color blue dominates Facebook is because; Zuckerberg suffers from red-green colorblindness and only sees the color blue test. Blue is also his favorite color.
  • When he was a teenager, Zuckerberg was an atheist.
  • In 2011, he became a vegetarian and vowed to eat meat that he has hunted himself. 
  • At the age of 13, he has already created a computer network—just a simple one.
  • He had his bar mitzvah at 13 years old with a Star Wars theme.
  • While he was still in high school, AOL and Microsoft offered to hire him to work for them, but he declined as he wanted to pursue his college studies.
  • He does not own a TV.
  • His favorite singers are: Rihanna, Shakira, Lady Gaga and Daft Punk.
  • Zuckerberg's life story has been made into a movie titled The Social Network


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"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)