Who is Mark Zuckerberg?
Mark Zuckerberg is the CEO of Facebook who left his college in the middle and made Facebook one of the largest companies in the world. Today, We will know the biography of Mark Zuckerberg, his struggles, how Facebook got started, how Facebook earns money, The story of Mark Zuckerberg everything from childhood to Now.
|Mark Zuckerberg Age – 36 years|
|Birth – 14 May 1984 in White Plains, New York, USA|
|Mark Zuckerberg Net Worth – $101 Billion ( as of November 2020 )|
|Mark Zuckerberg Wife – Priscilla Chan|
|Mark Zuckerberg Daughters – Max Zuckerberg and August Zuckerberg|
|Father – Edward Zuckerberg|
|Mother – Karen Zuckerberg|
|Mark Zuckerberg Sisters – Randi Zuckerberg and Donna Zuckerberg|
|Mark Zuckerberg Education – Harvard University ( Colledge Dropout )|
Mark Zuckerberg Biography (Biography of Mark Zuckerberg)
The early life of Mark Zuckerberg (Life of Mark Zuckerberg)
Mark Zuckerberg was born on 14 May 1984 in White, Plains, New York, USA. His father’s name Edward Zuckerberg, he was a dentist, And he also had a clinic. Mark Zuckerberg’s mother’s name Karen, she was a psychiatrist. Mark Zuckerberg has two sisters, Randi Zuckerberg and Donna Zuckerberg.
Mark started writing programs from a young age, He loved to learn to code, He learned it all from his father and his hard work. Seeing Mark Zuckerberg’s passion, his father Edward Zuckerberg, hired a personal computer coach David Numa to work with Mark and teach him one day a week.
Mark Zuckerberg, himself coding at the age of twelve created a program called Zuck Net. This program was used by his father in his clinic. Its job was to call another patient without coming out of the cabin. This helped his father a lot. Mark Zuckerberg used the program as a messenger also.
Sometime later, his father, Edward Zuckerberg, enrolled Mark Zuckerberg at Howard University.
By that time, Mark Zuckerberg had a good knowledge of programming. Using this knowledge, he created an intelligent music player who could create a list of songs he liked according to people’s behavior.
The Story of Facemash
Everyone’s information at Harvard University was on the Harvard University website from photos to date of birth. The same old photos would use everywhere from their ID cards and Mark Sheets.
Mark Zuckerberg had an idea in mind that why not hack the database of the Harvard University website to change his photos, But there was also another reason, Mark Zuckerberg created the Facemash website. In which he needed photographs of university students.
This website was like Tinder. In which you saw photos of two girls and you have two options that hot or not, this website compares the physical attractiveness girls. This website became very famous in the university. But some people also objected to this website.
Mark Zuckerberg also had to apologize to the public after Howard’s administration came to know about the hacking of the database of the Howard University website. Later Facemash website was shut down by the Administration due to violations of copyright and violating individual privacy.
The Success Story Of Facebook
4 February 2004 On a historic day, on this day, Mark Zuckerberg registered a domain name, which was thefacebook. Through this website, Mark Zuckerberg wanted to connect all the University’s students. Mark Zuckerberg needed money to work on this project.
Edwardo Saverin, a friend of Mark Zuckerberg, invested most of the money in the thefacebook.
After some time, Mark Zuckerberg left his college midway to concentrate on Facebook. Now he needs investment to make thefacebook a big company.
In 2005, thefacebook was renamed Facebook. By 1 October 2005, Facebook had expanded to 21 universities. Facebook became very popular among the students of the universities, Due to which the traffic on Facebook increased.
In the same year, Facebook received $5 million from Thill Partners. By this investment, Thill Partner bought a 10.6% stake in Facebook. In April 2005, Accel Partners also bought a 13% stake in Facebook.
In April 2006, Facebook received fundings from several different Investors, This investment of about $2.5 million was made by Greylock Partners, Meritech Capital. By this time, Facebook had been valued at $500 million.
The same year Mark Zuckerberg moved to Palo Alto California. A new Facebook office opened there.
In September 2006, Yahoo offered Facebook $1 billion. But Mark Zuckerberg turned it down saying that his company had a valuation of $8 billion. On September 26, 2006, Facebook was opened for everyone. Earlier it was limited to universities only.
On 17 July 2007, Mark Zuckerberg refused to sell his company Facebook, saying that I would own it. I can make more people partners but I cannot sell my entire stake. In 2007, nearly 1 lakh business pages were created on Facebook. A month later, the Hong Kong billionaire also invested $60 million.
In May 2008, Mark Zuckerberg started Facebook Connect under which Facebook offered the option to sign in from Facebook on various websites. This was Mark Zuckerberg’s best strategy, due to which Facebook rules the entire market.
In February 2011, more than 100 billion photos hosted on Facebook.
In April 2012, Facebook bought Instagram for $1 billion. Today, Instagram is one of the most used platforms in the world. 2012 was the biggest day for Facebook, as Facebook declared a profit of $1 billion.
In February 2012, Facebook raised $5 billion from the stock market through an IPO. Facebook was constantly moving forward, so Facebook was constantly raising funding. Mark held a 22% stake as well as 57% Voting Rights. So that they have the power to make decisions.
Mark Zuckerberg’s life partner
Priscilla Chan is of Chinese descent, Mark Zuckerberg and Priscilla Chan spent a lot of time together. That is why both of them got married on 19 May 2012. Currently, Mark Zuckerberg and Priscilla Chan also have two lovely daughters, the first daughter named Max Zuckerberg, and the second daughter, August Zuckerberg.
In 2014, Facebook bought WhatsApp for $19 billion.
On September 30, 2018, Facebook announced $13.17 billion in revenue. Today we all know that Facebook is one of the largest companies in the world.
Facebook Business Model
How does Facebook make money? (How Facebook earns money)
Billions of people use Facebook and all create their own profiles on Facebook, including their date of birth, address, name, hobby, age, and other information.
Facebook understands our behavior and creates our profile in its database. Facebook shows ads and content according to your behavior. If you have followed the business pages, you will be shown similar ads.
Now you may be wondering why someone would advertise on Facebook?
Let me tell you, First on Facebook, You can run your advertisement by selecting gender, whether male or female, age and city according to your choice.
Second, advertising on Facebook is cheaper than anywhere else.
Third, Facebook was downloaded by over 5 billion people. For people who like to use social media, Facebook will definitely be installed on their phones. This means that you can reach many people through Facebook and sell them your goods and services.
Fourth, here you can also run ads for your city only.
Fifth, the Facebook interface is easy to use.
Suppose I want to sell the course of civil service. So here I will first keep the age of 23 to 35 years because of those who prepare for civil service fall in this range. Then I will choose both men and women.
Then I will choose the big city where people come for the preparation of civil services, thus I will be able to reach through advertisement those who actually need the course.
Here you can easily sell your products to those who need it.
Mark Zuckerberg’s strategies
We hope you enjoy the biography of Mark Zuckerberg. Now we talk about Mark Zuckerberg’s strategies and we can learn a lot from Mark Zuckerberg.
Mark Zuckerberg knows that WhatsApp and Instagram could become a major obstacle for Facebook in the coming future, So he bought them both, these deals turned out to be good for Facebook. Despite Mark Zuckerberg holding a 22% stake in Facebook, He held 57% voting rights. So that he can take all the decisions himself.
Facebook – Cambridge Analytica (CA)
In the 2016 US election controversy, Cambridge Analytica (CA) is a UK data company owned by Robert Mercer.
Robert Mercer is a billionaire who funds the Republican Party of the US. Both Cambridge Analytica (CA) and Facebook were accused of using Facebook to change the behavior of 50 million Americans.
Cambridge Analytica (CA) was accused of stealing Facebook data and showing advertisements to 50 million people, those ads supporting the Republican Party.
1- Mark Zuckerberg at the age of 23 became a billionaire in his own.
2- Since 2010, Time magazine has introduced Mark Zuckerberg as one of the 100 most influential people in the world.
3- In December 2016, Forbes ranked Mark Zuckerberg tenth among the most powerful people in the world.
This was a Mark Zuckerberg biography, is inspiring many people who took huge risks in their lives. Today he is one of the 10 richest and powerful people in the world. Today Facebook has ruled the entire market single-handedly. We can also say that Facebook has a monopoly.
Mark Zuckerberg Quotes
“The biggest risk in such a rapidly changing world is to take no risk.”Mark Zuckerberg
“Most people only dream of success, while intelligent people wake up and work hard to achieve that goal.”
Frequently Asked Questions
Who is the founder of Facebook?
Who is the CEO of Facebook?
When was Facebook established?
The year 2004
Who made Facebook?
Facebook’s initial coding was done by Mark Zuckerberg himself. But the Facebook we see today has been made jointly by thousands of programmers.