Mark Zuckerberg was a Harvard freshman with a gift for computer programs less than a decade later. He's the face of a multi-billionaire power broker that connects over 1 billion people around the world currently. He's only 31 and is one of the five founders of the biggest social networking site Facebook. In 2020 his net worth was established at $96 billion dollars, which also makes some of the youngest billionaires on this planet. Today we tell you the amazing story of this young entrepreneur who became an idol for every startup enthusiast across the world.
His coding experience began at learning the Atari basic programming with the help of his father, but he was learning so fast that his dad needed to hire a professional developer, just to train him. While he was still in school he took a college graduate program in computer program. He built a program called "Zack.net" where the computer at home could communicate with his father's computer at his dental practice. He also used his creativity to build computer games. Often out of ideas his friends would draw from him. In college, he was already known as a programming prodigy due to the work he had done in high school. In college, he wrote a program called "Course Math" that help students make decisions about the courses they wanted to take based upon the choices of others. In Harvard, the students have books called Facebook, if they have names and pictures of paper that's left in student DOMs(Document Object Model). Mark Zuckerberg built a website that randomly showed two pictures of males and two of females on a people that visit at the site had to choose which person was hotter, this site was called "Facemash" and it went up in just one weekend. It was built just for fun but it became so popular that the college shut it down because of its popularity as it calls the Harvard servers to crash because of the heavy loaded cards and also some students didn't like the idea of their pictures being used without permission and Mark Zuckerberg was supposed to apologize for his actions. In 2004 he began writing a new website which he called Facebook along with Eduardo Saverin, Andrew McCollum, Chris Hughes, and Dustin Moskovitz were the other four co-founders of the website.
However, things didn't went well for the investors just two weeks after the IPO the market price of the shares fell dramatically by twenty-seven percent to twenty-seven point seven two dollars per share. During the next month, the price went down even further-reaching a level around $19 all this didn't made investors really happy. Some of them lost around 50% of their investments in just a few months later more than 40 lawsuits were filed just after the first week of IPO. The price however recovered in 2030 and currently, it's around $41. Nevertheless, Mark Zuckerberg remain true to his initial vision to create a website that the entire world can use to communicate openly and easily with one another he has turned down many opportunities to sell the side often for multi-billion dollars sum. He has even turned down chances to increase the site's income from add revenue instead preferring to keep the user experience clean and pure. The end result of all this hard-work is one of the world's biggest online businesses and an icon of the Tech recognizes. He's now rubbing shoulders with prominent world leaders although its true value is debatable. It's saved to say that Facebook add its creator Mark Zuckerberg by two of the 21st century's most influential controversial and potentially powerful figure.
The site was initially just a Harvard site but soon expanded to other colleges and universities the social project started gaining momentum really fast, that Mark Zuckerberg decided to drop out of college and dedicate his time entirely to the website. He and his team moved in a small house in Palo Alto which later became the office of the young enterprise. By 2005 the Facebook was renamed as just Facebook the site opened up to anyone. Over a study in 2006. By 2007 the site had over 1 Lakh businesses listing their companies on Facebook and creating pages. By 2011 it became the largest digital photograph force and had over 350 million people accessing the website. On May 18 2012 Facebook made its IPO(Initial Public Offering) for 21 million shares to private investors at a price of $38, this set the value of the whole company at hundred and four billion dollars. It's made Facebook the biggest business going public till that. Almost everybody wanted to buy a piece of the booming social miracle so raising almost sixteen billion dollars from the market was like a walk in the park.
