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Mark Zuckerberg Net Worth and Income in 2022!
American computer programmer and Facebook co-founder Mark Zuckerberg (born May 14, 1984, in White Plains, New York, United States), is the current CEO of Facebook.
When Zuckerberg graduated from Phillips Exeter Academy in 2002, he went on to Harvard University. When he launched thefacebook.com (renamed Facebook in 2005), a directory of fellow Harvard students, he created a template in which they could enter their personal information and photos.
Half of the student body had signed up in just two weeks. While living in the same dorm as Dustin Moskovitz and Chris Hughes at Harvard University, Zuckerberg developed the site and made it available to students at other colleges and universities.
In the early days of Facebook, users were able to create profiles, post photos, and communicate with others. In contrast to other social networking sites, it emphasized “trusted connections,” which were people with real names (and email addresses). On the other hand, it also placed a strong emphasis on networking, with information being disseminated not only to each user’s network but also to their friends’ networks.
In the summer of 2004, the trio relocated to Palo Alto, California, where Zuckerberg persuaded venture capitalist Peter Thiel to provide them with seed funding. To focus on the fledgling company for which he was named CEO and president, Zuckerberg dropped out of Harvard.
There was a $12.7 million injection of venture capital into Facebook in May 2005. Four months later, high school students were able to sign up for Facebook. It was only in September 2006 that anyone with an e-mail address was able to join a regional network based on where they were located.
In 2007, Facebook struck a deal with Microsoft in which the software company paid $240 million for a 1.6 percent stake in Facebook; two years later, Digital Sky Technologies purchased a 1.96 percent share for $200 million. At the time, Zuckerberg turned down a $1 billion buyout offer from Yahoo! About $1.5 billion was put on the value of Zuckerberg’s net worth in 2008. It was estimated that Zuckerberg was worth more than $19 billion after Facebook’s IPO in 2012.
Harvard University is one of the country’s oldest and most prestigious universities, having been founded in 1636. It’s a member of the prestigious Ivy League. A few miles west of downtown Boston, the main university campus is located along the Charles River in Cambridge, Massachusetts. Harvard has a student body of about 23,000 people.
First established in New Towne and later renamed Cambridge, Harvard’s roots can be traced back to the establishment of a college there. A “college yard” and one teacher were all that was needed to start classes in the summer of 1638. John Harvard, a Puritan minister, left his books and half of his estate to Harvard, which was named after him.
Harvard was founded with the support of a local church, even though the university was not formally affiliated with any religious organization at the time. A gradual liberation from clerical and political control occurred during the college’s first two centuries. In 1865 the university alumni began to elect members of the governing board. As Harvard’s president from 1869 to 1909, Charles W. Eliot transformed the university into an institution with a national impact.
Harvard’s alumni and faculty have played an important role in shaping the intellectual and political landscape of the United States. With seven presidents and a slew of high-ranking justices, cabinet officials, and congressional leaders graduating from Harvard in the first decade of the twenty-first century, it is safe to say that the Ivy League school has had a significant impact on the course of American history.
Emerson, Holmes, Thoreau, Lowell, James Russell Lowell, James Adams, T.S. Eliot, Cummings, Lippmann, and Mailer are just a few of the literary luminaries who attended Harvard. The historians Francis Parkman, W.E.B. Du Bois, and Samuel Eliot Morison, as well as the astronomer Benjamin Peirce, the chemist Wolcott Gibbs, and the naturalist Louis Agassiz, are all Harvard alums or professors who made significant contributions to their fields. At Harvard in the 1870s, William James pioneered the experimental study of psychology.
About one-third of all students attend Harvard’s undergraduate institution, Harvard College. The university’s core teaching staff is made up primarily of members of the arts and sciences faculties, including those in the graduate arts and sciences faculties. Schools of graduate or professional study include those in the fields of medicine; law; business; divinity and education; government; dentistry; and public health. Especially esteemed are the faculties of law, medicine, and business.
As a result of Agassiz’s 1859 founding of Harvard’s Museum of Comparative Zoology, other prestigious institutions like the Gray Herbarium, Peabody Museum of Archaeology and Ethnology, Arnold Arboretum, and the Fogg Art Museum are all affiliated with Harvard University. The Dumbarton Oaks Research Library and Collection in Washington, D.C., a center for Byzantine and pre-Columbian studies, and the Harvard-Yenching Institute in Cambridge, which researches on East and Southeast Asia, are all affiliated with Harvard University. As the largest and most important university library in the world, the Harvard University Library is well-known.
Radcliffe College, one of the Seven Sisters schools, was founded in the 1870s by Harvard University faculty who offered informal instruction to individual women or small groups of women. Despite the university’s administration’s opposition, a faculty group called the Harvard Annex established a full course of study for women in 1879.
In 1894, the Annex, which had been incorporated as the Society for the Collegiate Instruction of Women, chartered Radcliffe College after unsuccessful efforts to have women admitted directly to degree programs at Harvard. The colonial philanthropist Ann Radcliffe, who set up Harvard’s first scholarship fund in 1643, was the inspiration for the college’s name.
The majority of Radcliffe’s faculty and other resources came from Harvard until the 1960s when it began operating as a separate institution. However, Harvard did not confer degrees on Radcliffe graduates until 1963. The signatures of both Harvard and Radcliffe presidents were added to diplomas from this point on. Coeducational instruction was available to female students enrolled at Radcliffe, which was part of Harvard University.
A 1977 agreement with Harvard University required the integration of certain functions, but Radcliffe College kept its corporate identity and endowments separate and continued to offer supplementary programs for both undergraduate and graduate students, including career programs, a publishing course as well as graduate-level workshops, and seminars on women’s studies.
The Radcliffe Institute for Advanced Study at Harvard University was established in 1999 as a result of the merger of Radcliffe and Harvard that year. For example, the institute offers non-degree educational programs and studies of gender and society in addition to Radcliffe’s old fields of study.