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Who donates billions to charity : MARK ZUCKER BERG


Mark Zuckerberg | Founder & CEO Of Facebook


Mark Zuckerberg
Zuckerberg in 2014
Born Mark Elliot Zuckerberg
May 14, 1984

White Plains, New York, US
Residence Palo Alto, California, US
Alma mater Harvard University (attended)
Occupation Computer programmer, Internet entrepreneur
Years active 2004–present
Known for Co-Founder of Facebook
Home town Dobbs Ferry, New York, US
Title Chairman and CEO of Facebook
Spouse(s) Priscilla Chan (m. 2012)
Children Maxima Chan Zuckerberg
Relatives Randi Zuckerberg (sister)
Website facebook.com/zuckerberg
Signature
Mark Zuckerberg Signature.svg
       

          Mark Elliot Zuckerberg (born May 14, 1984) is an American programmer, Internet entrepreneur, and philanthropist. He is the chairman, chief executive, and co-founder of the social networking website Facebook. His net worth is estimated to be US$51.2 billion June 2016.
Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, he launched Facebook from Harvard's dormitory rooms. The group then introduced Facebook to other campuses. Facebook expanded rapidly, with one billion users by 2012. Zuckerberg was involved in various legal disputes that were initiated by others in the group, who claimed a share of the company based upon their involvement during the development phase of Facebook.
In December 2012, Zuckerberg and his wife Priscilla Chan announced they would give the majority of their wealth over the course of their lives to "advancing human potential and promoting equality" in the spirit of The Giving Pledge. On December 1, 2015, they announced they would give 99% of their Facebook shares (worth about $45 billion at the time) to the Chan Zuckerberg Initiative.
Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year distinction.

Source : WIKIPEDIA

Mark Zuckerberg and Priscilla Chan to donate 99 percent of their Facebook fortune

 



      In a surprise announcement today, Mark Zuckerberg and his wife Priscilla Chan have pledged to donate 99 percent of their Facebook shares to the cause of human advancement. That represents roughly $45 billion at Facebook's current valuation, making it one of the largest pledges in history. The money will go to the Chan Zuckerberg Initiative, a company that Facebook says will "pursue its mission by funding non-profit organizations, making private investments and participating in policy debates, in each case with the goal of generating positive impact in areas of great need."
The full amount is pledged over the course of Zuckerberg's life, and the Facebook CEO plans to maintain his majority voting position "for the foreseeable future," according to an SEC filing. In the immediate future, the Initiative will be funded by a series of three annual donations made from the sale of Zuckerberg's stock, at no more than $1 billion each year. Profits made by any of the Initiative's investment will be used for additional work to advance its goals.

Mark Zuckerberg Interview - Chairman & CEO Facebook 


The initiative's announcement, which is written as a letter to Zuckerberg and Chan's newborn child, focuses on two central goals: advancing human potential and promoting equality. The first goal is defined as "pushing the boundaries on how great a human life can be," including initiatives on medicine, economic opportunity, and access to information. The second group of projects focus more on alleviating poverty and empowering traditionally underrepresented groups. "Our society must do this not only for justice or charity, but for the greatness of human progress," the letter reads.
"Our society must do this not only for justice or charity, but for the greatness of human progress."
Those goals fit into a number of charitable projects Zuckerberg and Chan have already engaged in. Last year, the couple pledged $25 million dollars to fight the spread of Ebola, with the explicit aim of preventing a larger public health crisis "like HIV or polio." Zuckerberg also individually donated $100 million to the Newark public school system, although a significant portion of the money was swallowed up by bureaucratic inefficiencies.
Some of the initiative's goals also align with Facebook's Internet.org project, which aims to establish zero-rated internet access in poor countries. "Many of the greatest opportunities for your generation will come from giving everyone access to the internet," the letter reads. "The internet is so important that for every 10 people who gain internet access, about one person is lifted out of poverty and about one new job is created." Other priorities include community education and childhood healthcare.
The project bears significant resemblance to the Bill and Melinda Gates Foundation, another prominent philanthropy effort built on a Silicon Valley fortune. Launched in 2000, the Gates Foundation currently has an endowment of $44 billion, just shy of the donation pledged by Zuckerberg and Chan. Zuckerberg partnered with Gates earlier this week to fund clean energy research in the wake of the Paris Climate talks, and have worked together on education initiatives in the past. Melinda Gates has already replied to the couple's post, saying "the example you’re setting today is an inspiration to us and the world."

This story previously indicated that Chan and Zuckerberg were giving their fortune to charity. Facebook has confirmed that the Chan Zuckerberg Initiative is an LLC, rather than a charitable trust.
SourceA letter to our daughter (Facebook)

College years

By the time he began classes at Harvard, Zuckerberg had already achieved a "reputation as a programming prodigy", notes Vargas. He studied psychology and computer science as well as belonging to Alpha Epsilon Pi and Kirkland House. In his sophomore year, he wrote a program he called CourseMatch, which allowed users to make class selection decisions based on the choices of other students and also to help them form study groups. A short time later, he created a different program he initially called Facemash that let students select the best looking person from a choice of photos. According to Zuckerberg's roommate at the time, Arie Hasit, "he built the site for fun". Hasit explains:
We had books called Face Books, which included the names and pictures of everyone who lived in the student dorms. At first, he built a site and placed two pictures, or pictures of two males and two females. Visitors to the site had to choose who was "hotter" and according to the votes there would be a ranking.

Facebook Founder Mark Zuckerberg First Public Q&A ! 


The site went up over a weekend; but by Monday morning, the college shut it down because its popularity had overwhelmed one of Harvard's network switches and prevented students from accessing the Internet. In addition, many students complained that their photos were being used without permission. Zuckerberg apologized publicly, and the student paper ran articles stating that his site was "completely improper."
The following semester, in January 2004, Zuckerberg began writing code for a new website. On February 4, 2004, Zuckerberg launched "Thefacebook", originally located at thefacebook.com.
Six days after the site launched, three Harvard seniors, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra, accused Zuckerberg of intentionally misleading them into believing he would help them build a social network called HarvardConnection.com, while he was instead using their ideas to build a competing product. The three complained to the Harvard Crimson and the newspaper began an investigation in response.
Following the official launch of the Facebook social media platform, the three filed a lawsuit against Zuckerberg that resulted in a settlement. The agreed settlement was for 1.2 million Facebook shares that were worth US$300 million at Facebook's IPO.
Zuckerberg dropped out of Harvard in his sophomore year to complete his project. In January 2014, Zuckerberg recalled:
I remember really vividly, you know, having pizza with my friends a day or two after—I opened up the first version of Facebook at the time I thought, "You know, someone needs to build a service like this for the world." But I just never thought that we'd be the ones to help do it. And I think a lot of what it comes down to is we just cared more.

Platform, Beacon, and Connect

On May 24, 2007, Zuckerberg announced Facebook Platform, a development platform for programmers to create social applications within Facebook. Within weeks, many applications had been built and some already had millions of users. It grew to more than 800,000 developers around the world building applications for Facebook Platform.
On November 6, 2007, Zuckerberg announced Beacon, a social advertising system that enabled people to share information with their Facebook friends based on their browsing activities on other sites. For example, eBay sellers could let friends know automatically what they have for sale via the Facebook news feed as they listed items for sale.
Waist high portrait of man in his twenties, looking into the camera and gesturing with both hands, wearing a black pullover shirt that says "The North Face" and wearing identification on a white band hanging from his neck
Mark Zuckerberg at the World Economic Forum in Davos, Switzerland (January 2009).
 The program came under scrutiny because of privacy concerns from groups and individual users. Zuckerberg and Facebook failed to respond to the concerns quickly, and on December 5, 2007, Zuckerberg wrote a blog post on Facebook,[65] taking responsibility for the concerns about Beacon and offering an easier way for users to opt out of the service. In 2007, Zuckerberg was named by the Massachusetts Institute of Technology (MIT) Technology Review's TR35 as one of the top 35 innovators in the world under the age of 35. On July 23, 2008, Zuckerberg announced Facebook Connect, a version of Facebook Platform for users.[citation needed]

Internet.org

In a public Facebook post, Zuckerberg launched the Internet.org project in late August 2013. Zuckerberg explained that the primary aim of the initiative is to provide Internet access to the 5 billion people who are not connected as of the launch date. Using a three-tier strategy, Internet.org will also create new jobs and open up new markets, according to Zuckerberg. He stated in his post:
The world economy is going through a massive transition right now. The knowledge economy is the future. By bringing everyone online, we'll not only improve billions of lives, but we'll also improve our own as we benefit from the ideas and productivity they contribute to the world. Giving everyone the opportunity to connect is the foundation for enabling the knowledge economy. It is not the only thing we need to do, but it's a fundamental and necessary step.
To stay proven on the efforts of bringing in the concept of net neutrality, Mark Zuckerberg met Narendra Modi, Satya Nadella and Sundar Pichai at the Silicon Valley, to discuss on how to effectively establish affordable internet access to the less developed countries. As a token of initiation, Mark Zuckerberg changed his Facebook profile picture to extend his support to the Digital India to help the rural communities to stay connected to the internet

 Source : WIKI



 

Mark Zuckerberg/Quotes

 

  • By giving people the power to share, we're making the world more transparent.
  • A squirrel dying in front of your house may be more relevant to your interests right now than people dying in Africa.
  • I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.
  • When you give everyone a voice and give people power, the system usually ends up in a really good place. So, what we view our role as, is giving people that power.
  • The thing that we are trying to do at facebook, is just help people connect and communicate more efficiently.
  • I started the site when I was 19. I didn't know much about business back then.
  • The basis of our partnership strategy and our partnership approach: We build the social technology. They provide the music.

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