Facebook.com has flourished since he left a Harvard dorm in June 2004. Despite a lawsuit by the Winklevoss twins, Zuckerberg’s Facebook has continued to flourish ever since.
Business News Daily stated that yahoo reportedly offered him a billion dollars, but Zuckerberg got out to pursue it full-time.
Instead of accepting the lucrative offer, he focused on expanding the site to bring users as much value as possible, even though Yahoo had reportedly offered $1 billion.
The Immense Success of Mark Zuckerberg
In 2010, he was named Time Magazine’s Person of the Year and appeared on the cover of Forbes magazine as the world’s youngest billionaire with a net worth of a whopping $1.5 billion. Wearing a hoodie and Adidas sandals, the “Facebook kid” was listed in every magazine as “the youngest of 1,125 billionaires this year,” according to Forbes.
In March 2013, Forbes put him at number one on its list of America’s richest people, valuing his wealth at $13.3 billion as of March 2013.
The company’s success has since come more from Zuckerberg than from him, and the service is now used by nearly one-eighth of the world’s population. He may have written the original code for Facebook, but most people know him as the co-founder and CEO of his company, not as the founder of Facebook.
The conventional view of Zuckerberg is this: he is a young man, as portrayed by “The Social Network,” but a mature adult who has acquired such enormous wealth. Running a company as fast as Facebook has been extraordinarily difficult, even when users do a lot of work.
It was even more challenging for him, having never raised even a dollar from investors, never managed a single employee, and struggled for more than a year to stay in the company with only a few hundred thousand dollars in his pocket, on an annual turnover of $1.5 billion.
Investing Port Reported that Facebook raised $16 billion in its IPO in May 2010, making it the largest Internet IPO in history. The IPO was a success, even if the share price fell a few points, but by no means: it is still the second-largest IPO ever.
How He Became Successful
Facebook is back on track to top the Fortune 500 list, making Zuckerberg the youngest successful CEO on the list. Most people my age try, while Mark Zuckerberg makes it his own.
The reason for this success is the immense popularity that Facebook has achieved around the world.
With his innovative and visionary approach, he has become a self-made billionaire with an estimated fortune of $1.5 billion.
Zuckerberg is also the world’s youngest billionaire, which he achieved in 2008 at the age of 24. Mark Zuckerberg, born on May 14, 1984, is a former computer science student at Harvard who, with a few friends, founded Facebook, a social network for people in the United States, in February 2004.
He is the founder and chief executive officer (CEO) of Facebook and co-founder of the Facebook Foundation.
Mark Zuckerberg was born on May 14, 1984 in Palo Alto, California, the son of dentist Edward Zuckerberg, born in San Francisco, USA, and his wife Sheryl Sandberg.