Mark Elliot ZUCKERBERG

Primary Position Chairman Age 32
Primary Company Facebook Birthday 14 May 1984
Estimated Net Worth At least $49.9 billion Residences Palo Alto, California, United States
Dobbs Ferry, New York, United States
Source Self-Made
Hometown
Dobbs Ferry, New York, United States
Religion Atheist
Ethnicity Caucasian
Alternative Names Mark Zuckerberg
Marital Status Married

Biography

One of the youngest self-made billionaires in the world began computer programming in middle school; in high school, created music-recommendation program called Synapse, which Microsoft and AOL both attempted to acquire, leading them to attempt to recruit Zuckerberg. Attended Harvard College instead. In his sophomore year, on February 4, 2004, Zuckerberg launched facebook.com, along with friend and business student, Eduardo Saverin, and roommates, Dustin Moskovitz and Chris Hughes. Site grew with incredible speed: Facebook had 1 billion monthly active users as of October 2012. In the summer of 2004, Zuckerberg and Moskovitz moved to California to pursue the company; dropped out of school. They met Napster Co-Founder Sean Parker, who joined the start-up as President, and introduced them to first investor Peter Thiel. In 2006, Yahoo offered to buy Facebook for $1 billion, but Zuckerberg rejected the deal. Is known to strongly believe in his product, and has repeatedly stated that growing user base is more important than revenue. Maintaining control of Facebook is very important to Zuckerberg and has informed most of his business decisions. In May 2012, Facebook held its initial public offering which raised $16 billion for the company. Zuckerberg serves as the Chairman and CEO of the company; controls over 57% of the company's voting shares.

Education History

Institution Name Qualification Name Education Type Start Date End Date
Harvard University Dropped Out Undergraduate

Interesting Facts

Zuckerberg was partially inspired to drop out of Harvard University by a speech Microsoft founder Bill Gates gave at the school encouraging students to pursue other projects; Gates also left Harvard.
The movie, “The Social Network," dramatizes the events of Facebook's founding. Actor Jesse Eisenberg played Mark Zuckerberg. The movie is based on the dramatized book, "The Accidental Billionaires," which Zuckerberg was not involved with. Zuckerberg gave full access to himself and Facebook to another author, reporter David Kirkpatrick, who wrote “The Facebook Effect.”
Zuckerberg reportedly has around 16 bodyguards working in shifts at his residence in Palo Alto, California.
Zuckerberg and his wife, Priscilla Chan, held a simple, low-profile wedding ceremony without even a cake at his Palo Alto, California, home and invited less than a 100 guests, who thought they would be attending Chan's graduation party. The wedding came two days after Facebook's initial public offering. It was unclear whether the couple had a prenuptial agreement. The couple honeymooned in Italy, flying in on a private jet and staying at Portrait Suites, a luxurious hotel.
In September 2014, Zuckerberg reportedly purchased 393 acres on Pila'a beach in Hawaii through an entity called Pila'a 400 for almost $50 million. In the same month, he bought the Kahu'aina Plantation, a 357-acre beachfront plantation on the island of Kauai for around $66 million. It has permits for 80 luxury homes and the 27 acres of the plantation would support growing organic crops including ginger, turmeric and papaya. In October, it was reported that Zuckerberg had bought over 700 acres in Kauai to build a family home on the property.
Zuckerberg reportedly has red-green color blindness, which is the reason Facebook was designed in blue. In an interview when asked why Facebook's color scheme is blue, he answered "blue is the richest color for me, I can see all of blue."
In Spring 2005, after signing the papers for a $12.7 million second round of financing for Facebook, Zuckerberg ran into a man at a gas station who was ranting and waving a gun; “I'm just lucky to be alive," Zuckerberg said of the experience.
In April 2014, Facebook reportedly announced the launch of FB Newswire in partnership with Storyful, a social news agency owned by the News Corporation. FB Newswire is a site where journalists and newsrooms could access newsworthy content from Facebook.
Zuckerberg is a notorious slob; his mother Karen once apologized to college roommate Dustin Moskovitz for Zuckerberg's mess, explaining he grew up with a nanny.
In October 2013, Zuckerberg reportedly bought four houses near his Palo Alto residence for $30 million based on rumors that a developer wanted to purchase one of them and market it as being near Zuckerberg's house.
In 2011, Facebook reportedly spent about $700,000 to rent private jets to fly Zuckerberg around and $90,850 for his "estate and financial planning."
Known for wearing hoodies, t-shirts and sandals to work; favors a relaxed, dorm-like office culture.
In 2014, Facebook made the following acquisitions: In March, acquired Somerset, U.K.-based aerospace company Ascenta for $20 million and planned to use solar-powered drones to access remote areas for certain periods of time to provide internet connection. In April, acquired ProtoGeo, a Helsinki, Finland-based company that develops a fitness tracking application called Moves for an undisclosed sum; Moves will operate as a standalone application and will not mingle Facebook's data. In July, acquired LiveRail, a San Francisco, California-based advertising technology company, for an undisclosed sum in an effort to expand its video advertising capabilities.
In 2013, Zuckerberg reportedly worked with his former Harvard roommate, Joe Green, to form an advocacy group, focused on comprehensive immigration reform, to make it easier to recruit foreign highly-skilled workers into his firm.
Reprimanded while at Harvard for creating Facebook predecessor website "Facemash." Zuckerberg hacked into the university's student directory and used it to create a website which randomly paired photos of classmates; visitors voted on who was "hotter."
In August 2014, Facebook reportedly agreed to acquire Palo Alto, California-based online-security startup PrivateCore, which was backed by venture capital firm Foundation Capital. The financial terms of the deal were not disclosed. The deal would allow Facebook to keep its data centers safe from malware attacks and other forms of security breaches.
On June 18, 2013, Zuckerberg reportedly met South Korean President Park Geun-hye at the presidential house in Seoul to discuss the ways to stimulate entrepreneurship and venture firms in Korea.
In May 2014, Facebook appears to be in discussions to lease space in Fortune Financial Center located in Beijing, China, in an effort to open a sales office in the country. Although Facebook's social-networking service was banned by the Chinese government in 2009, the company provided advertisements selling services to Chinese companies to help them reach international users through its office in Hong Kong. This plan to open a sales office within a year would help Facebook extend its service to local advertisers.
In August 2013, Zuckerberg reportedly formed a group in partnership with Samsung Electronics, Nokia, Qualcomm, Opera Software and Ericsson to expand the access to internet for the 5 billion people who can't afford to connect online.
In May 2014, Facebook reportedly reached a digital marketing partnership with Paris, France-based advertising company Publicis Groupe. The terms of the deal were not disclosed, but the deal was said to be worth around $500 million. The deal would focus on video advertisements that appear on Facebook's social network and advertisements that appear on Instagram, the mobile photo-sharing app.
In April 2013, Zuckerberg's Facebook reportedly acquired a mobile applications start-up firm, Parse, in a cash-and-stock deal valued at about $US85 million. In May 2015, Facebook acquired Bushey, U.K.-based computer vision startup Surreal Vision for an undisclosed amount.
Intentionally insulted Sequoia Capital, a venture capital fund that had previously pushed friend Sean Parker out of his company, Plaxo. Sequoia wanted to invest in Facebook; Zuckerberg set a meeting with Sequoia partners, intentionally overslept, showed up late in pajamas, and told the partners in a joke presentation why they should not invest with him.
Facebook has been inaccessible in mainland China since 2009.
In December 2013, Zuckerberg reportedly donated 18 million shares worth $990 million, which would be distributed among nonprofit organizations the Zuckerberg Foundation, the Silicon Valley Community Foundation and The Breakthrough Prize in Life Science. In February 2014, Zuckerberg and his wife, Priscilla Chan, were ranked as the most generous U.S. philanthropists of 2013 by a biweekly newspaper The Chronicle of Philanthropy. Their donation of 18 million shares of Facebook was recognized to be the largest grant on the public records of the U.S.
In November 2013, Snapchat reportedly rejected a $3 billion offer from Facebook. In December 2014, reportedly the private email exchange between Snapchat's Board member, and Evan Spiegel, the CEO of Snapchat were leaked as part of a massive attack on Sony's email systems. The hacked e-mails confirmed that Snapchat rejected a more than $3 billion acquisition offer from Facebook in 2013 and showed that Zuckerberg blamed Snapchat for leaking the deal to the press to boost its fundraising efforts and Snapchat Investors spurred Spiegel to apologize to Zuckerberg.
In February 2012, Zuckerberg partook in a sustainable living project which required him to only eat meat that he kills himself. He slaughtered animals including a chicken and a goat for this project.
In February 2014, Facebook reportedly acquired American mobile-messaging start-up WhatsApp for $16 billion in a cash-and-stock deal, which included $12 billion in Facebook stock and $4 billion in cash. The deal would help Facebook in expanding its reach to smartphone users. Facebook will grant an additional $3 billion worth of restricted stock units to the Founders, Jan Koum and Brian Acton, which will be vested over four years after the deal closes. According to the deal, Koum will join Facebook's board. Facebook also promised to keep WhatsApp as a separate service and pledged a $1-billion cash break-up fee if the deal fails. In March 2014, nonprofit organizations Electronic Privacy Information Center and the Center for Digital Democracy reportedly filed a complaint in the U.S. Federal Trade Commission against the acquisition of WhatsApp by Facebook. They also requested to halt the acquisition deal. The organizations stated that, it was unclear how Facebook used the personal data of around 450 million WhatsApp customers after acquisition. Unlike Facebook, WhatsApp does not collect personal data of its customers for advertising purposes. Facebook replied to the complaint stating, it had already said that WhatsApp will be operated as a separate entity and Facebook will value its allegiance towards privacy and security.
In September 2014, Zuckerberg attended Mexico Siglo XXI (Mexico XXI Century), a forum for scholarship holders where they could meet and listen to political, business and cultural leaders speak. It was hosted by Fundacion Telmex, a foundation owned by Mexican business magnate Carlos Slim. Zuckerberg said that Mexico is more connected to the internet than most countries in Latin America. He also said that he had planned to launch internet.org platform, a project which would grant web access to everyone in Mexico and was in talks with the government about the project. He also met the Mexican President in regard to the project. Zuckerberg said Microsoft Founder Bill Gates was his role model as he liked his idea about every house having a computer. He said he will now follow in Carlos Slim's footsteps saying that he was 30 years old and it was time to change his model. In October 2014, Zukcerberg and Slim were reportedly in talks to form a partnership to work on giving internet access to everybody on the planet. It was also reported it would be a philanthropic partnership. In February 2015, Facebook partnered with Mumbai, India-based telecommunication company Reliance Communications to offer free data access of online services in India through the launch of the Internet.org app in India.
In August 2014, Zuckerberg accepted the "Ice Bucket Challenge," a dare where one drops a bucket of ice cold water over their heads or donates money to charity. They also get to nominate three people to do the same within 24 hours. Zuckerberg donated to the ALS Association, an American nonprofit organization that treats a motor neuron disease called amyotrophic lateral sclerosis. He was challenged by Christopher Christie, the Governor of New Jersey. Zuckerberg then nominated Microsoft Co-Founder Bill Gates, Netflix CEO Reed Hastings and Facebook COO Sheryl Sandberg for the Ice Bucket Challenge.
Zuckerberg was raised Jewish. He had a Star Wars-themed bar mitzvah; he now describes himself as an atheist.
In March 2014, in a post on Facebook, Zuckerberg said that he called President Barack Obama to express his frustration over the unconstitutional domestic spying activities of the federal government. The spying activity came into light when Edward Snowden, former NSA consultant, revealed that NSA impersonated as Facebook's server without permission to extract data on foreign citizens. Zuckerberg wrote, "The Internet is our shared space. It helps us connect. It spreads opportunity." He added, "This is why I've been so confused and frustrated by the repeated reports of the behavior of the U.S. government. When our engineers work tirelessly to improve security, we imagine we're protecting you against criminals, not our own government."
In April 2013, Zuckerberg reportedly joined the $1 salary club along with Larry Ellison, Elon Musk and others. In April 2014, Facebook reduced his base salary from $770,000 to $1, making him the lowest paid employee of the company.
Zuckerberg leads a simple life. He is known to drive a black Volkswagen GTI and also gifted his friend's socks for Christmas, which featured a picture of his dog named Beast.
Awards include “Media Achiever of the Year” (Campaign Media Awards), “Most Influential Person” (Agenda Setters) and “Best Start-up CEO” (CrunchBase). Time Magazine named Zuckerberg one of “The 100 Most Influential People"; Fortune listed him as a “40 Under 40" rising star.
In 2012, as Dustin Moskovitz's guest, Zuckerberg reportedly attended Burning Man, a week-long annual musical event held in the Black Rock desert in Nevada. Reportedly made an entry in a helicopter and spent the day in his camp where he helped Moskovitz fry up grilled cheese sandwiches and also pitch a tent.
In January 2014, Zuckerberg reportedly helped fund Fwd.us, which spent $750,000 on a 10-day national campaign of television and radio ads supporting Republican leaders intending to reform the U.S. immigration system by awarding undocumented migrants legal statuses.
In January 2015, Facebook reportedly acquired Palo Alto, California-based technology company Wit.ai for an undisclosed amount. In the same month, Facebook also announced that it would acquire San Diego, California-based video-compression company QuickFire Networks for an undisclosed amount.
In May 2014, an Iranian judge reportedly ordered Zuckerberg to appear in court to answer complaints about Facebook-owned applications Instagram and WhatsApp's "violation of privacy" claims made by the country's people. Following the violation complaints lodged, the judge had also ordered a ban of these applications. It was reported that Zuckerberg was unlikely to appear in court since there was no extradition treaty between Iran and the U.S.
Zuckerberg reportedly attended the Kumbh Mela festival held in Allahabad, India during February 2013.
In 2013, Chinese artist Zhu Jia reportedly organized an exhibition of arts called "The Face of Facebook," where he solely reinterpreted the portraits of Zuckerberg at Singapore's ShanghART Gallery, which promotes Chinese contemporary arts.
In March 2014, Facebook acquired Irvine, California-based technology company Oculus VR for $2 billion. The cash-and-stock deal included around $400 million in cash and around 23 million shares of Facebook. An additional payment of around $300 million potential earn-out in cash and stock was also expected provided Oculus VR met certain milestones. In April 2014, the deal was approved by the U.S. antitrust agency Federal Trade Commission (FTC) and the United States Department of Justice.

Interests, Passion, Hobbies

Hobby Name Description
Film Zuckerberg loves the film Troy and has been known to quote it ("Now you know who you are fighting!") during conversations. He also likes Tom Cruise films including Top Gun.
Philanthropy Joined American billionaire businessman Warren Buffett's Giving Pledge, agreeing to donate 50% of his fortune to charitable causes upon his death. He has made donations towards health, physics, life sciences and mathematics. On December 1, 2015, a week after the birth of Zuckerberg and his wife Priscilla's daughter, the couple pledged to donate 99% of their wealth to Chan Zuckerberg Initiative, where initial focus would be personalized learning, curing disease, connecting people and building strong communities and to advance human potential and promote equality for all children in the next generation.
Technology - Programming Zuckerberg has been a computer programmer since middle school. At the age of 12, he used Atari BASIC, an interpreter program, to create a messaging program his father used in his dental office.
Environment - Climate Change In November 2015, Zuckerberg and his wife Priscilla Chan along with Microsoft Co-Founder Bill Gates launched the Breakthrough Energy Coalition, a global initiative that would invest in zero-carbon energy technology around the world.
Languages Inspired by his wife Priscilla Chan, Zuckerberg had taught himself Mandarin while running Facebook. He was reportedly good for a beginner and was able to give a 30-minute Q&A entirely in Mandarin during his visit to the Tsinghua University in China in October 2014.
Art Facebook, where Zuckerberg serves as Chairman, has commissioned artworks for its offices and hosts an artist-in-residence program.
Culture and Heritage - Classics Studied Classics in high school; studied Latin at Phillips Exeter Academy where he immersed himself in Latin; known in college for reciting lines from epic poems such as The Iliad. He can read and write in English, French, Hebrew, Latin and ancient Greek.
Sports - Fencing Zuckerberg was Captain and MVP of his high school fencing team; continues to enjoy the sport.
Music Zuckerberg has an interest in music; his favorite musicians are Daft Punk, Lady Gaga, Shakira and Rihanna. Reportedly played Michael Jackson tracks during most of his wedding reception.

Philanthropy

Giving Profile
In his first act of large-scale philanthropy, Zuckerberg donated $100 million worth of his Facebook shares to the Newark, New Jersey public school system in September 2010. To announce the gift, he appeared on the Oprah Winfrey Show. In December 2012 Zuckerberg donated $500 million worth of his Facebook shares to the Silicon Valley Community Foundation. Zuckerberg has also joined Warren Buffett's Giving Pledge, agreeing to donate 50% of his fortune to charitable causes. Zuckerberg with his wife, Priscilla, and three other billionaires - Yuri Milner, Sergey Brin and Anne Wojcicki - reportedly donated $33 million to 11 biotech inventors on 20 February 2013. In May 2014, Zuckerberg and his wife Priscilla Chan reportedly donated $120 million to improve schools in the San Francisco Bay area, California. In October 2014, Zuckerberg and his wife Priscilla donated $25 million to the U.S. Centers for Disease Control (CDC) Foundation to help fight Ebola. The grant was given through their Silicon Valley Community Foundation. In June 2015, the couple reportedly donated $5 million to help undocumented immigrants attend college in the U.S. In November 2015, the couple pledged $20 million to the nonprofit organization EducationSuperHighway to support an initiative to bring speedy Internet to all U.S. schools and to encourage personalized learning. Zuckerberg is the CEO and President of Openness Foundation, an organization which supports charitable givings, and a Co-Founder of Startup:Education, an organization that supports education causes.

Clubs & Boards

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Known Associates

Total known associates: 78. Total known associates net worth: $204.7 billion. To view details, sign up for Wealth-X Professional or Contact Us.

Family Details

Political Interests

Party Affiliation Bipartisan Political Profile Modest political donor gives to both sides of the political aisle. Lifetime giving exceeds $50,000. Notable recipients include: Orrin G. Hatch, Luis V. Gutierrez, Marco Rubio and Sean Eldridge.