Today’s Whiz Kid Mark Zuckerberg

Mark Elliot Zuckerberg
Hacker. Dropout.
CEO. Founder of Facebook

Age: 25 ( born May 14, 1984)
Marital status: In a relationship Occupation
Co-founder, CEO & President of Facebook
Net worth $10 billion
Religious beliefs Atheist
Early business card title: “I’m CEO, bitch.”

Highest Education: High school (Phillips Exeter Academy)
Harvard University: Didn’t finish University

He grew up in Westchester County, New York He is a drop out, Hacker and definitely the CEO of one of the best social media Website in the World Facebook, a site raking in $31.69 per seconds and with nothing less than $1000 000 000 in revenue. WOW! Mark Elliot Zuckerberg is an American entrepreneur best known for co-founding the popular social networking site Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard. Zuckerberg serves as Facebook’s CEO Earlier in life, Zuckerberg developed a music recommendation system called Synapse and a peer-to-peer client called Wirehog. However, he abandoned both to pursue new projects. His first web project was called “Coursematch,” which allowed users to stalk other people in their classes. He soon combined his computer knowledge with his newfound frat lifestyle by founding “Facemash,” a Harvard version of the “Hot or Not” photograph rating website.

Inception of Facebook
Zuckerberg launched Facebook from his Harvard dorm room on February 4, 2004. The idea for Facebook came from his days at Phillips Exeter Academy which, like most colleges and prep schools, had a long-standing tradition of publishing an annual student directory with headshot photos of all students, faculty and staff known as the “Facebook” named for the annual publication that collegiate upper classmen use to identify attractive freshmen girls with low self-esteem. At the time, Zukerberg planned to offer the service only to students within the Ivy League, because, as is widely known, Ivy League students have long had problems finding ways to network with one another.
Once at college, Zuckerberg’s Facebook started off as just a “Harvard-thing”, until Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate Dustin Moskovitz. They first spread it to Stanford, Dartmouth, Columbia, Cornell and Yale, and then to other schools with social contacts with Harvard.

He later moved to Palo Alto, California, with Moskovitz and some friends. They leased a small house which served as their first office. Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office during the summer of 2004. According to Zuckerberg, the group planned to return to Harvard in the fall but eventually decided to remain in California. To date, he has not returned as a student to college.
As Facebook spread, Zuckerberg became an internet sensation. College students nationwide began to capitalize on the ability to catalogue pictures of themselves doing keg stands, and to find out the relationship status of people they wanted to have casual sex with.

In 2006, Yahoo! executives offered to purchase Facebook for $1 billion. Zuckerberg, then in his early 20s, turned the offer down, instead on october 24, 2007 sold a 1.6% small portion of the company to Microsoft corp. for a mere $240 million dollars, which suggests an overall company value of $15 billion.
Facebook also reject a competing offer from online search leader Google Inc.unlike the two reigning Web 2.0 titans that have sold out to major corporations: MySpace accepted $580 million to join News Corp., and YouTube took $1.5 billion from Google.

The Facebook Controversy with ConnectU
Zuckerberg’s Harvard classmates Cameron Winklevoss, and Tyler Winklevoss, claimed that he stole their idea intended for their own site, ConnectU, while employed as a developer for ConnectU. A lawsuit was filed in 2004 but was dismissed without prejudice on March 28, 2007. It was refiled soon thereafter in U.S. District Court in Boston, and a preliminary hearing was scheduled for July 25, 2007. At the hearing the judge told ConnectU parts of their complaint were not sufficiently pled and gave them the ability to refile an amended complaint. On June 25, 2008, the case was settled and Facebook agreed to pay a $65 million settlement.

Movie
There is a movie based on Mark Zuckerberg and the surrounding creators of Facebook, called The Social Network. It is currently set to release this year [2010], and stars Jesse Eisenberg and Justin Timberlake.
As of December 2nd, 2009 Facebook has claimed that it has attained over 350 million users.Facebook is emerging stronger than ever with 1% of the internet time being spent on it.ComScore also rates it the number-one photo-sharing site on the Web, with 6 million pictures uploaded daily. It is a huge competition with Google and other Tech titans online.