20 March 2008

The face behind Facebook--Youngest self made billionare!!

Mark Elliot Zuckerberg (born May 14, 1984) is an American computer coordinator. As a Harvard student he founded the online social networking website Facebook with the help of fellow Harvard student and computer science major Andrew McCollum as well as roommates Dustin Moskovitz and Chris Hughes. He now serves as Facebook's CEO. Forbes Magazine has ranked him as theoretically, the world's youngest self-made billionaire with a net worth of $1.5 billion "on paper".

College years

Zuckerberg attended Harvard University and was enrolled in the class of 2006. He was a member of the Alpha Epsilon Pi fraternity. At Harvard, Zuckerberg continued creating his projects. An early project, Coursematch, allowed students to view lists of other students enrolled in the same classes. A later project, Facemash.com, was a Harvard-specific image rating site similar to Hot or Not. A version of the site was online for four hours before Zuckerberg's Internet access was revoked by administration officials. The computer services department brought Zuckerberg before the Harvard University Administrative Board, where he was charged with breaching computer security and violating rules on Internet privacy and intellectual property.


Facebook is a social networking website that was launched on February 4, 2004. The website is owned and operated by Facebook, Inc., the parent company of the website and a privately held company. The free-access website allows users to join one or more networks, such as a school, place of employment, or geographic region to easily connect with other people in the same network. The name of the website refers to the paper facebooks depicting members of a campus community that some American colleges and preparatory schools give to incoming students, faculty, and staff as a way to get to know other people on campus.

Website membership was initially limited to only Harvard students, but was later expanded to include any university student, then high school students, and finally to anyone aged 13 and over.

The website has more than 64 million active users worldwide. From September 2006 to September 2007, the website's ranking among all websites, in terms of traffic, increased from 60th to 7th, according to Alexa. It is also the most popular website for uploading photos, with 14 million uploaded daily. Due to the website's popularity, Facebook has met with some criticism and controversy in its short lifespan because of privacy concerns, the political views of its founders, and censorship issues.


Facebook users can choose to join one or more networks on the website, such as a school, place of employment, geographic region, or social group. These networks help users to connect with other members of the same network. Users can also add friends to their profile, which allows them to see the profiles of their friends.

The website is free to users and generates revenue from advertising, such as banner ads Users create profiles that often contain photos and lists of personal interests, exchange private or public messages, and join groups of friends. The viewing of detailed profile data is restricted to users from the same network or confirmed friends. In a 2006 study conducted by Student Monitor, a New Jersey-based limited liability company specializing in research concerning the college student market, Facebook was named as the second most popular thing among undergraduates, tied with beer and sex and only being ranked lower than the iPod.

Microsoft is Facebook's exclusive partner for serving banner advertising. This means that Facebook only serves advertisements that exist in Microsoft's advertisement inventory, which only contains advertisements that have been pre-approved by Microsoft and have an existing agreement established between Microsoft and the advertiser. When compared to other web companies, Facebook collects as much data from its visitors as Google and Microsoft, but considerably less than Yahoo!. The data collected is useful to show more relevant advertisements to website visitors.

Official site: Facebook

Further info:

youngest billionare


Newyork Times


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