Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is the chairman, chief executive officer, and co-founder of Facebook. His net worth is estimated to be US $53.6 billion as of 2017, ranking him the 5th richest person in the world.
Zuckereberg launched Facebook from Harvard’s dormitory rooms on February 4, 2004. He was assisted by his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The group then introduced Facebook to other college campuses.
Facebook expanded rapidly, reaching one billion users by 2012. Meanwhile, Zuckerberg was involved in various legal disputes that were initiated by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.
Mark Zuckerberg and his wife Priscilla Chan made an audacious bet in late September, promising to spend $3 billion of their fortune over the next decade to manage, cure or prevent all disease by the end of the century. The move follows the couple’s decision in December 2015 to give away 99% of their Facebook stock over their lifetime “to advance human potential.” The potential payout to the world has risen as the price of Facebook stock increased by 15% between the announcement and December 2016.
The higher share price has added billions to Zuckerberg’s fortune, lifting him into the top 5 on The Forbes 400 for the first time. Under his leadership, Facebook is reaping billions from mobile ad sales. In April it is introducing the ability to stream live videos with Facebook Live. In March of 2016, two years after it bought Oculus Rift for $2 billion, Facebook began shipping its virtual reality headsets. Zuckerberg, a Harvard dropout, founded the social network in 2004 when he was 19.