Mark Zuckerberg: the social media mogul who dominates the Internet

Mark Zuckerberg is a well-known name within the tech and business industry, but the social media platform he co-invented, Facebook, is recognised worldwide. Facebook is the most popular social media platform in the world, and started from humble beginnings. Zuckerberg was a computer science student at Harvard, who started the idea of Facebook as a social media website for Harvard students. With the help of some of his fellow students, he built up the website and expanded to further universities and colleges.

In 2004, Napster founder Sean Parker became the president of Facebook.

The next year, VC firm Accel Partners invested $12.7 million into the website, allowing the company to create a version of the social media platform for high school students. Facebook expanded to more networks, and made it so that anyone at the age of 13 and above could join. By 2009, it was the most used social media platform in the world.

Zuckerberg holds the title of world’s youngest multi-billionaire, as is evident of his $91.7 billion net worth as of 2020.

He is also a part of the Giving Pledge, a signed pledge in which he promises to give at least half of his wealth away to charities. Furthermore, him and his wife and pledged to give away 90% of their Facebook shares to the Chan Zuckerberg Initiative, an organization dedicated to improving lives through health, science, education and energy.

Mark Zuckerberg is a young multi-billionaire, philanthropist, entrepreneur and American media magnate, who built his social media empire through Facebook as a young student. He uses his wealth to continually donate to charity and fund his Chan Zuckerberg Initiative in order to better improve lives across the world. He continues to work as Facebook’s CEO to this day.