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Showing posts with label Mark Zuckerberg. Show all posts
Showing posts with label Mark Zuckerberg. Show all posts

Wednesday, October 23, 2013

NEWS: Facebook's Mark Zuckerberg Was The Highest Paid U.S. CEO in 2012


Mark Zuckerberg was by far the highest paid public CEO in the United States last year, according to a new report.
The Facebook CEO's total compensation for 2012 was nearly $2.3 billion, more than twice that of the next-highest paid CEO, according to GMI Ratings, which analyzed compensation for more than 2,000 CEOs of publicly traded companies.
Almost all of Zuckerberg's compensation for the year comes from income related to Facebook's IPO. On the day Facebook went public, Zuckerberg exercised 60 million stock options worth nearly $2.3 billion (though much of it was used to cover his taxes). He also received a base salary of $500,000 for the year, though starting this year, his salary changed to the symbolic $1 a year.
Richard Kinder, CEO of energy company Kinder Morgan, was second on the list with a total compensation of $1.1 billion. Other tech execs cracked the top 10 list as well, including Apple CEO Tim Cook (with $143 million) and Salesforce CEO Mark Benioff (with $109 million).
Source: Mashable

Saturday, October 12, 2013

Facebook Ceo, Mark Zuckerberg Buys 4 Neighboring Homes For Privacy


Facebook founder and CEO Mark Zuckerberg bought four homes for $30 million, one of which sold for $14 million, near his own $7 million estate in Palo Alto, Calif.
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To create his own mega-compound, The buying spree may have been sparked when Zuckerberg learned of a developer's plan to buy a property next to him, an unnamed source tells The San Jose Mercury News.

"The developer was going to build a huge house and market the property as being next door to Mark Zuckerberg," the source says, according to the Mercury News.

Zuckerberg can afford to shell out millions for privacy and space near the Facebook headquarters in nearby Menlo Park. The 29-year-old is worth an estimated $19 billion, Forbes says.

He bought the home where he currently lives in 2011. That home has a pool, a "croquet lawn," and is about three miles from Facebook's headquarters.

The Harvard drop-out began his home-buying sideline by first snagging the home directly behind his in December, the Mercury News reports. Public records show that the 3,240-sq.-ft. home on 0.4 acres was purchased for $4.8 million on Christmas eve last year.

"Located in one of the most desirable areas of the Crescent Park neighborhood, this Estate sized property offers the opportunity to move in, remodel, or to build your dream home," the home's listing states.

Last month, Zuckerberg bought three more homes surrounding his existing five-bedroom house, the Mercury News reports. The homes were purchased by an entity associated with Iconiq Capital, a firm that handles Zuckerberg's financial matters.

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Monday, September 23, 2013

Mark Zuckerberg: 29 Facts You Probably Didn't Know About The Facebook Billionaire

Most of us know Mark Zuckerberg as the CEO of Facebook, but there are a lot of interesting facts about this young billionaire that you all must know. Here, we bring to you 29 facts about the Facebook billionaire.

Mark Zuckerberg


1. Type @[4:0] in a Facebook comment, and Mark Zuckerberg's name will appear.

2. You can't block Mark Zuckerberg on Facebook. Go to http://www.facebook.com/zuck and try for yourself. You can't block Mark Zuckerberg on Facebook.

3. As a teenager Mark was an atheist.

4. Mark's father Edward Zuckerberg enrolled Mark in a graduate computer course at a nearby college. When his father accompanied Mark to the college at the first class, the instructor looked at Edward and said, pointing to Mark, "You can't bring him to the classroom with you." Edward informed the instructor that his son Mark was the student.

5. Mark and his sisters loved to play pranks. Once, Mark and his sister Randi pulled a prank on New Year's Eve of 1999 that was memorable for Mark Zuckerberg. During that time, everyone was upset about Y2K, which was the theory that a bug in a computer data programming would ruin many of the computerised systems of the world when the year turned to 2000. Mark knew that that his parents were apprehensive about Y2K, so he, with his sister, waited until exactly midnight and then shut down the power in their house so as to make his parents think the fears about Y2K had actually come true.


6. Mark, along with his classmate, at Phillips Exeter Academy wrote a music program called Synapse. The program used artificial intelligence to analyse a user's music listenting habits and used that information to recommend other music.


7. The program got a lot of favourable reviews that both AOL and Microsoft showed interest in buying it for around $1 million. Also, they wanted to hire Mark to develop it, but he would have to drop out of school, so he refused.


8. He joined a Jewish fraternity, Alpha Epsilon Pi. At a party one Friday night, Mark met Priscilla Chan, a Chinese American from Boston. They would later begin dating. Priscilla Chan later expressed her first impressions of Zuckerberg : "He was this nerdy guy who was just a little bit out there."


9. To be able to communicate with his girlfriend Priscilla Chan's family members, Zuckerberg started to learn Chinese in 2010.


10. At the beginning of the sophomore year, Mark developed Course Match, the program that enabled students/users to decide what college courses they wanted to opt for based on what other students at their school were choosing.


11. He also invented Facemash, a program that was created with the purpose of finding out who was the most attractive person on campus. However, this was more like the pranks he used to play as a child.


12. The domain name Facemash.com, the predecessor to Facebook that Zuckerberg built in 2003, was sold in 2010 for $30201.


13. In 2009 Mark Zuckerberg wore a tie for the entire year as a symbol of how serious and important the year was following the recession that began in 2008.


14. In 2011, Zuckerberg turned vegetarian and said he would only eat meat of animals that he killed himself.

15. Zuckerberg's first car was a Subaru Forester SUV.


16. Mark Zuckerberg is also on Twitter as @finkd where he has over 150,000 followers but has posted only 19 tweets in the last three and a half years.


17. Blue is Mark Zuckerberg's favourite colour, as evident from Facebook's design.


18. By the time he turned 13, he had already created a basic computer network for his family dubbed "Zucknet," which allowed the computers in the family and his father's dental offfice to send messages to each other by pinging.


19. Zuckerberg has also created a few computer games. Once, he developed a computer version of the game Monopoly based on his middle school and a version of the game Risk based on the Roman empire.


20. Zuckerberg's pet dog Beast is a Puli, a type of Hungarian Sheepdog.


21. Zuckerberg placed a big whiteboard in the hallway of his dormitory suite. Mark would use it to brainstorm with symbols and codes for software. In the words of one of his roommates, Dustin Moskovitz: "He really loved that whiteboard. He awlays wanted to draw out his ideas, even when that didn't necessarily make them clearer."


22. Mark Zuckerberg's interest in programming developed when his parents gifted him the book C++ for Dummies.


23. Mark Zuckerberg has about 50 patents in his name. The first of which was issued in November 2004 for the technology behind the Synapse Media Player.


24. The number of people on who have Mark Zuckerberg on their Google+ circles is a fraction of the number of users who have subscribed to his status updates on Facebook.


25. His favourite musicians include Daft Punk, Lady Gaga, Shakira and Rihanna.


26. His favourite quotations: "Fortune favours the bold," by Virgil, Aeneid X.284; "All children are artists. The problem is how to remain an artist once you grow up," by Pablo Picasso; "Make things as simple as possible but no simpler," by Albert Einstein.


27. There are conflicting viewpoints about Zuckerberg's years at Harvard University. The movie The Social Network portrays him as both a genius and as someone who was always socially handicapped, and desperate to find a way into the social elite at Harward. However, Zuckerberg rebuffs those claims saying he never wanted to be part of the social clubs at Harvard and never used his computer skills to impress women around him.


28. Mark's interest in computer programming was quite visible at the very early age. By the time he was in middle school, he was already using computers and writing software for them.


29. Eduardo Saverin, one of the four co-founders of Facebook had provided the $1000 seed capital to start Facebook.