Assignment 1

Name: Sneden Andrades

Roll.No: 1819

 Submit the profile summary of a successful entrepreneur including milestone

Achievements

Mark Zuckerberg :

Mark Elliot Zuckerberg (born May 14, 1984) is an American , internet entrepreneur,

and philanthropist. He is known for co-founding the social media website Facebook and its
parent company Meta Platforms (formerly, Facebook, Inc.), of which he is the chairman,
chief executive officer, and controlling shareholder.
Zuckerberg attended Harvard University, where he launched Facebook from his dormitory
room in February 2004 with his roommates Eduardo Saverin, Andrew McCollum, Dustin
Moskovitz, and Chris Hughes. Originally launched to select college campuses, the site
expanded rapidly and eventually beyond colleges, reaching one billion users by 2012.
Zuckerberg took the company public in May 2012 with majority shares. In 2007, at age 23,
he became the world's youngest self-made billionaire. As of 28 February 2022, Zuckerberg's
net worth was $75.3 billion according to the Forbes Real Time Billionaires Index

Early Life and Education

Mark Zuckerberg was born on May 14, 1984, in White Plains, New York, and was raised in
nearby Dobbs Ferry. He was born into a well-educated family and developed an interest in
computer programming at an early age.
At the age of 12, Zuckerberg created a messaging program named Zucknet that he
implemented as an inter-office communication system for his father's dental practice.1 Due
to his early signs of success, his parents got him a computer programming tutor while he
was still in high school, and they enrolled him in at Phillips Exeter Academy, a prep school in
New Hampshire. After graduating from prep school, Zuckerberg enrolled at Harvard
University.

Career

In the summer of 2004 the trio moved their headquarters to Palo Alto, California, where
Zuckerberg talked venture capitalist Peter Thiel into giving them seed money. Zuckerberg
dropped out of Harvard to concentrate on the fledgling company, of which he became CEO
and president. In May 2005 Facebook received its first major infusion of venture
capital ($12.7 million). Four months later Facebook opened to registration by high-school
students. Meanwhile, foreign colleges and universities also began to sign up, and by
September 2006 anyone with an e-mail address could join a regional network based on
where he or she lived. About that time Zuckerberg turned down a $1 billion buyout offer
from Yahoo!, but in 2007 Facebook struck a deal with Microsoft in which the software
company paid $240 million for a 1.6 percent stake in Facebook; two years later Digital Sky
Technologies purchased a 1.96 percent share for $200 million. In 2008 Zuckerberg’s
new worth was estimated at about $1.5 billion. After Facebook’s initial public offering (IPO)
of stock in 2012, Zuckerberg’s net worth was estimated at more than $19 billion.
Other projects

A month after Zuckerberg launched Facebook in February 2004, i2hub, another campus-

only service, created by Wayne Chang, was launched. i2hub focused on peer-to-peer file
sharing. At the time, both i2hub and Facebook were gaining the attention of the press and
growing rapidly in users and publicity. In August 2004, Zuckerberg, Andrew
McCollum, Adam D'Angelo, and Sean Parker launched a competing peer-to-peer file sharing
service called Wirehog, a precursor to Facebook Platform applications, which launched in
2007.

In 2013, Zuckerberg launched Internet.org, which he described as an initiative to provide

Internet access to the five billion people without it as of the launch date. The project faced
significant opposition in India, where activists said its limited internet ran counter to the
principle of net neutrality; Zuckerberg responded that a limited internet was better than no
internet. Internet.org was shut down in India in February 2016.[73] Zuckerberg later met
with Narendra Modi, Satya Nadella and Sundar Pichai to discuss how to effectively establish
affordable internet access in developing countries.
Zuckerberg is a board member of the solar sail spacecraft development
project Breakthrough Starshot, which he co-founded in 2016.

Philanthropic Works :

● Facebook CEO Mark Zuckerberg operates a multibillion-dollar charity with his wife,

Priscilla Chan. Mark Zuckerberg, already battling unprecedented discontent among
workers at Facebook Inc., is also under siege from employees and beneficiaries of his
own charity, the multibillion-dollar Chan Zuckerberg Initiative
● Other Zuckerberg critics include some doctors at Zuckerberg San Francisco General
Hospital, who reached out to the scientists in support of their critical letter. There
has been a years-long effort to remove “Zuckerberg” from the hospital’s name after
it was added in 2015 following a $75-million donation from the billionaire and his
wife.

Milestone :
Facebook Closes in on New Milestone of 3 Billion Total Users Across its Platforms. Amid
the uncertain impacts of COVID-19, Facebook has published its latest earnings report,
showing double-digit increases users and revenue – though it has warned of a more
significant slowdown on the horizon
Family & Personal Life :
Mark Zuckerbergis married to Pricilla Chan and they have a daughter, Maxima Chan
Zuckerberg . Pricilla Chan who is Co-founder and co-CEO of Chan Zuckerberg Initiative

Conclusion :
Submit the profile summary of a successful entrepreneur including milestone
Achievements