YOUNG millionaires


Mark Zuckerberg
Mark Elliot Zuckerberg (born May 14, 1984) is a computer programmer and Internet entrepreneur. He is known for creating a social networking site Facebook with a friend, that with it he became executive officer and president. Facebook was founded as a private company in 2004 by Zuckerberg and Dustin Moskovitz classmates, Eduardo Saverin, and Chris Hughes while a student at Harvard University. In 2010, Zuckerberg was chosen as Person of the Year Time magazine. In 2011, his personal fortune estimated at $ 17.55 billion.
Zuckerberg was born in 1984 in White Plains, New York from partner Karen, a psychiatrist, and Edward Zuckerberg, a dentist. She and her three sisters, Randi, Donna, and Arielle, grew up in Dobbs Ferry, New York. Zuckerberg was raised as a Jew and had a bar mitzvah when he turned 13 years old, although during the time he established himself as an atheist.

At Ardsley High School, Zuckerberg gets high marks on klasika subjects before moving on to Phillips Exeter Academy in its first year, where he received many prizes in the sciences (mathematics, astronomy, and physics) and classic science (in a college application form, Zuckerberg include French, Hebrew, Latin, and Ancient Greece in the field of non-English languages ​​he could read and write) swerta is a fencing star and captain of the fencing team. In college, he became known as quoting a few lines from the epic poems like The Iliad.
At a party held persaudaraannya in the second year in college, Zuckerberg met Priscilla Chan, a Chinese-American student from a suburb of Boston (Braintree, Massachusetts), and they continued to date, had dropped out for a while, since 2003. On September 2010, Zuckerberg invited Chan is already a medical student at the University of California, San Francisco, to move to a rented house in Palo Alto. Zuckerberg learn the Mandarin Chinese language every day in preparation for his second visit to China in December 2010. In 2010, Facebook was blocked by a wall of fire the country's Internet.
Zuckerberg in a Facebook profile, he said interest in "openness, creating something that helps people connect and share things that are important to them, revolutions, information flow, minimalism". Zuckerberg better see the color blue because red-green color blindness is experienced; blue is also the dominant colors in Facebook.
On May 2011, it was reported that Zuckerberg has purchased five-bedroom house in Palo Alto worth $ 7 million.During the lecture
Zuckenberg is a member of Alpha Epsilon Pi. At first Mark Zuckerberg was a student of Harvard University. Zuckerberg then makes a social networking system for its class. But after he made such a system, it turns more and more people who joined in it. That system has generated over time from its nearest university lectures, and this is the beginning of Facebook as we know it today.
Of this situation, Zuckerberg took the initiative to develop a networking system is. Zuckerberg initially developed this system and give the name up. Zuckerberg and his friends and rent a place in Palo Alto, California as a place to develop Facebook. Because of preoccupation to develop the project up, then forget about college Zuckerberg. Zuckerberg faced with difficult choices between choosing education or business project he was developing. With an optimistic attitude Zuckerberg and his friends chose to abandon their studies, and focus on the project up.
Founder and Objectives
Zuckerberg launched Facebook from a Harvard dorm room on February 4, 2004. An early inspiration may have come up from the Phillips Exeter Academy, a private high school where Zuckerberg graduated in 2002. It publishes a student directory itself, which forces the student book called "The Facebook". Such images directory is an essential part of social experience for most students in private schools. With this, students can enroll in a variety of things such as force, their closeness to friends, and their phone numbers.
After college, Facebook started from just a "Harvard stuff" until Zuckerberg decided to spread to other schools, registering with the help of roommate Dustin Moskovitz. They first started at Stanford, Dartmouth, Columbia, New York University, Cornell, Brown, and Yale, and then at other schools who have social contacts with Harvard University.
Zuckerberg moved to Palo Alto, California, with Moskovitz and some friends. They rented a small house that serves as an office. During the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office in mid-2004. According to Zuckerberg, they plan to return to Harvard, but eventually decided to remain in California. They have rejected a bid by larger companies that will buy Facebook. In an interview in 2007, Zuckerberg explains why:
It's not about money. For me and my colleague, the most important thing is that we create an open flow of information to the people. Companies owned by media conglomerate is not only an interesting idea to me. He expressed again the same goals for Wired magazine in 2010: "All I care about is the mission, making an open world." Earlier, in April 2009, Zuckerberg asking for advice from former Netscape CFO Peter Currie of the financing strategy for Facebook.
On July 21, 2010, Zuckerberg reported that the company reaches 500 million users. When asked if could get more revenue from advertising as a result of phenomenal growth, he explained: I think we can ... If you look at how many pages we are taken to a portion of advertising compared with the average search query. The average for us is a little less than 10 percent of the pages, and the average for the search is about 20 percent are taken by the ad. That's the simple things we can do. But we do not like it. We make enough money. True, I mean, we keep things running, we are growing at the rate we want.Wirehog
A month after Facebook launched in February 2004, i2hub, other service-only campus that was created by Wayne Chang, was launched. i2hub focused on sharing files between friends. At that time, both i2hub and Facebook has gained attention in the press and rapidly growing user and publicity. In August 2004, Zuckerberg, Andrew McCollum, Adam D'Angelo, and Sean Parker launched a competing file sharing service called Wirehog. It was the forerunner to Facebook Platform application. Low compared with its appeal i2hub, and Facebook eventually shut down Wirehog next summer.Platform and Beacon
On May 24, 2007, Zuckerberg launched Facebook Platform, a development platform for programmers to create social applications within Facebook. In recent weeks, many applications have been built and some already have millions of users. It grew to more than 800,000 developers around the world Facebook Platform applications. On July 23, 2008, Zuckerberg announced Facebook Connect, a version of the Facebook Platform for the users.
On November 6, 2007, Zuckerberg announced a new advertising system called Beacon social, allowing people to share information with their friends based on their browsing activities at another site. For example, eBay sellers can let your friends know automatically what they have to be sold through the Facebook news feed list their items for sale. This program is under the supervision due to privacy concerns from groups and individual users. Zuckerberg and Facebook failed to respond to concerns quickly, and on December 5, 2007, Zuckerberg wrote a blog on Facebook that it takes responsibility for the concerns about Beacon and offers an easier way for users to opt out of the service.ConnectU lawsuit
Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accuses all three are Harvard students Zuckerberg deliberately make them believe that he will help them build a social network called (later called ConnectU). They filed suit in 2004 but technically rejected on March 28, 2007. The lawsuit was refiled soon thereafter in federal court inBoston, and the hearing scheduled for July 25, 2007, with the agenda of the cancellation by Zuckerberg. At the hearing the judge told ConnectU that parts there is a lack of complaints and give them a chance to change it. Facebook fight the lawsuit in Social Butterfly, a project released by The Winklevoss Chang Group, a partnership between ConnectU and i2hub suspected. Addressed to the founders of ConnectU, Cameron Winklevoss, Tyler Winklevoss, Divya Narendra, and Wayne Chang, founder of i2hub. The parties reached a confidential settlement agreement in February 2008. On June 25, 2008, the case was settled and Facebook agreed to transfer more than 1.2 million common shares and paid $ 20 million in cash. In May 2010, it was reported that the ConnectU founders alleged Zuckerberg securities fraud by misleading interpretation of the value of the shares. The founders of ConnectU gets the impression worth $ 45 million. However, the understanding was based on the major stock assessment, whereas they only receive common shares. The result is given to the founder shares as part of the placement value is less than 75% of which up to say, and-and-cash deal overall stock worth 50% less. Since the time of placement, shares were trading at $ 76 per share on the secondary market, which would put the value at $ 120 million settlement. According to one report, the Winklevoss brothers are planning to sue again on the notion that Facebook had deceived them in terms of placement assessment.


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