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Who are some of the up and coming Muslim entrepreneurs in India?

SOURCE : WIKIPEDIAThere are many top Muslim Business Man Business Man in India such asM. A. Yousuf Ali (Non-resident Indian businessman hailing from Nattika in Thrissur district of Kerala. He is the Managing Director of Abu Dhabi-headquartered EMKE Group of companies that owns the Lulu Hypermarket chain in Middle East.)Yusuf Khwaja Hamied (Chairman, Cipla)Azim Premji (Chairman, Wipro)B. S. Abdur Rahman (Billionaire. Vice-Chairman of Dubai based ETA Star Group, Chancellor of B.S. Abdur Rahman University, founder of Buhari Group, Chairman - Buharia Holding (P) Ltd, Chennai, Chairman - ABR Enterprises (P) Ltd, Chennai, Chairman - West Asia Maritime Ltd, Chennai, Chairman - West Asia Exports & Imports Pvt Ltd, Chennai, Chairman - East Coast Constructions & Industries (P) Ltd, Chennai, Chairman - Sethu Investments Pvt Ltd, Chennai)SOURCE 17 Indian Muslim Entrepreneurs Whose Stories Will Amuse YouThough entrepreneurship knows no boundaries of faith, we’re presenting to you a list of the top Muslim entrepreneurs in India (listed alphabetically).1. Ayaz Basrai Founder, The BusrideThe dream of an idea is often sweeter than its reality. Not so much for Ayaz Basrai. A pass out of the National Institute of Design (Ahmedabad), Ayaz graduated in Industrial Design and specialized in product design.After working in studios like Ideaspice Design Studio (Dubai), Lokus Design, and XHeight Design studio, he moved on and founded The Busride, an independent design studio, which seems to have touched almost every field you could think of: office spaces (Sony music studio, Channel V studio), retail spaces (The Shantanu Nikhil Gallery, The Turtle Retail Stores), houses (one at Ranwar and one at Tutikorin), and even films (Krrish, Chandni Chowk to China). Apart from Busride, Ayaz also runs The Gypsy Kitchen. He is passionate about Bandra and organizes Bandra Walks.2. Azhar Iqubal Co-Founder and CEO, InshortsToday everyone is busy. Either they are busy with work or in their daily chores. Seldom people make time to read a news. But it's essential for everybody to stay updated about the happenings in and around the world. Wouldn’t it be amazing if the news were filtered and shortened for you? Azhar Iqubal, an IIT Delhi dropout started up with News in Shorts along with Anunay Arunav of IIT Delhi, and Deepit Purkayastha of IIT Kharagpur in 2013.This young entrepreneur has turned our dreams into a reality by creating the app, News in Shorts. The app provides an experience, of knowing it all, without reading it all. The app curates news from all the sources, handpicks the best articles, and provides the gist of those stories in just 60 words.3. Farhan Azmi CEO, Infinity Hotels Pvt. Ltd.There are places you don’t want to be put in, and then there are places you do. Farhan Azmi gives to you the latter. The politician cum hotelier finished his schooling at The Scholar High School and studied commerce at Jai Hind and Sydenham College.What started as a hangout place for friends has metamorphosed into Infinity Hotels Pvt. Ltd., which is the parent company of Koyla, Café Basilico, Basilico House, and ChaiCoffi. Each is unique in its concept and the audience it looks to serve. All these have proved to place people want to be seen in. All throughout, Farhan has carefully carved himself a niche keeping in mind what he calls ‘space-starved’ Mumbaikars. Farhan evidently has grand expansion plans for Infinity Hotels and he’s juggling politics and business well.4. Faisal Farooqui Founder & CEO, MouthShut.com and Dealface.comWant to talk tireless? Talk Faisal Farooqui. Faisal graduated as a Bachelor in Science as well as in Finance from The State University of New York, Binghamton. He, unlike many in his stead, returned to India after the completion of his course and founded Consumer reviews on Movies, Cars, Bikes, Mobile Phones, Music, Books, Airlines, Restaurants, Hotels & more, an online customer feedback, and interaction portal. As of now, it has recorded over six million users a month and counting.Faisal also co-founded Zarca Interactive, an online survey software. He has received various awards and titles, like the Manthan Award by Govt. of India - Best Youth Website (2006), Indian Digital Media Awards - Best Web Portal of the Year-Gold (2011), etc. In addition to the awards, he was named Top Entrepreneur by the Entrepreneur Magazine in 2012 and one of the Top 100 Digital Icons of India 2012. When he isn’t busy receiving awards, he’s giving talks at prestigious institutions such as the American University in Dubai, IIM Ahmedabad, and IIT Mumbai. He published a paper on “Application of Market Research Towards Proactive Customer Relationship Management” in 2003. What's more, he also pioneered auto rickshaw advertising.5. Gulrez Alam Global COO, ResultrixSocial media and e-commerce are essential weapons for the success and sustenance of companies. Without SEO and SEM, they would be as good as a gun without bullets. Gulrez Alam has spent more than a decade of making social media and e-commerce useful to his clients.Gulrez, an MBA from IILM New Delhi, founded Resultrix in 2008. It is a leading service provider of search engine marketing (SEM), search engine optimization (SEO), affiliate and social media marketing. They are certified partners with Google AdWords and Google Analytics. Resultrix has also been listed as a Microsoft adExcellence Company. In a matter of six years of its formation, it has been acquired by Publicis Group. If you do want to catch him while he’s in Mumbai and make it look accidental, try the Sunday Farmer's Market at Bandra.6. Habil Khorakiwala Chairman, Wockhardt GroupWockhardt group is the first true healthcare group from India, and Dr. Habil Khorakiwala has been the captain of this ship. He steers it and has built it sturdy. Dr. Khorakiwala majored in Pharmacy from the L M College in Ahmedabad and later acquired a Masters Degree in Pharmaceutical Science from Purdue University, USA. He was the only international non-American to have been given the title of ‘Distinguished Aluminous’ by the Purdue University. Thereafter he studied in an Advanced Management Programme at the Harvard Business School in Boston, USA.He returned to India and took over what was a small firm that made OTC (Over-The-Counter) medications. It has now blossomed into a giant MNC, making him a pharma tycoon in its true sense. As of today, Wockhardt is a USD 841 million (and counting) pharmaceutical company. The firm engages in an endless list of CSR activities and has a workforce of 7500 people from 14 nations. The Government of India has nominated Dr. Habil Khorakiwala for various committees and councils. He is quite the family man, and an avid reader and philanthropist.7. Irfan Alam Founder, SammaanIrfan Alam was fond of comics as a child and is now an entrepreneurial superhero for over five million rickshaw operators. As a twelve-year-old, Irfan studied the stock market and helped his father make investment decisions. By the age of fifteen, he launched Matins, a portfolio management firm that managed over Indian INR 60 lakhs (nearly USD 14,000). As an older man, the Harvard graduate identified an opportunity that would ease out the life for rickshaw operators as well as their clients and carried extensive research for the same at IIM Ahmedabad. In 2006, he participated in a competition announced by a television channel for entrepreneurs to showcase their business ideas. He won the contest and was titled “Business Bazigaar”.Irfan declined to accept the investment, in a very hero-like move, over the investors’ demands of the firm being for-profit and their demand to hold a majority of stakes in it. He structured a model that ensured that he and the community (with the community owning a majority) will together hold at least 51 percent of the stakes in Samman, which organized the most scattered income generating sector in India - the rickshaw operators. It doesn’t stop there. The rickshaws that are part of Samman are also a selling point for various products and services. The rickshaw operators and their families have been made “full economic citizens” by Irfan’s efforts to build channels for essential services such as banking, individual access to credit, and health for them. He was invited for Presidential Summit, 2010 at Washington by the US President Barack Obama. He has won himself various titles and awards. All he needs now is a cape!8. Irfan Razack Managing Director, Prestige GroupBread, clothing, and shelter are our basic needs. The Razack Sattar family deals in the latter two. Irfan Razack is Mr. Sattar’s eldest son. He studied commerce and graduated from St. Joseph’s College (Bangalore University) and was also awarded the Lifetime Achievement Award by St. Joseph’s Old Boys Association. Later on, he completed a course in Jordan by the United Nations University International’s Leadership Academy (UNU/ILA).Irfan established Prestige in 1986, which is now a public company, with over 90 million square feet of commercial, retail, and residential properties gracing its profile so far. His love for extreme adventure is reflected in the goals he sets for Prestige and the velocity at which the company is expanding. He guided it for INR 4300 crore, which amounts to about 8 million square feet for the financial year 2014. Mr. Sattar has received many awards, including Real Estate Excellence Award (2008) and the Best Developer Award (2009) by Karnataka State Town Planning Development. He has also held important posts like Honorary secretary of Al-Ameen Educational Society, President of Bangalore Commercial Association (BCA) and Chairman of CREDAI.9. Javed Akhtar CEO, TravelportThe obvious direct relationship between employee productivity and employee satisfaction demands that corporates give as much attention to their internal audience as they do to their external audience. Javed Akhtar, a graduate from St. Georges College, Heena J. A., and Bhavin Parekh witnessed the plight of these corporates and identified the tremendous opportunity that comes with it. They fit together all the elements of loyalty and promotions programs, and Travelport was born.They started off in a small office at Dharavi in 2002. 12 years on, they have expanded and ventured into the rewards and recognition programs as well. Rewardport, as they call it, serves over 250 clients with a team of 150 professionals, with a turnover of over INR 100 crore. This taste of success seems to have made Javed crave for more! Already having covered a strong market share in both corporate travel plans and corporate reward plans, he’s now tapping the potential in the travel market for non-corporate individuals. Javed has also come up with the idea of opening travel offices in malls, adding convenience to quality.10. Jawed Habib Managing Director, Jawed Habib Hair and Beauty Ltd (JHHBL)Jawed’s grandfather, Nazir Ahmed, cut the hair of almost all the heavyweights among Indian and British politicians of the likes of Jawaharlal Nehru and Lord Mountbatten. Jawed, a graduate in French Literature from Jawaharlal Nehru University, is undoubtedly romantic- but for hairdressing. He completed a nine-month hairdressing course at Morris International School in London post graduation. Soon after, he was hired by Sunsilk and he gave the firm a good nine years of service before returning to India.Here in India, Jawed started units in remote places and trained a handful of students at a time. The trained students were then encouraged to go back to their hometown and gather a group of five people for his lecture. Then he’d start a salon with them! This soon formed a chain. Today, JHHBL has 207 saloons and 41 academies across India, and one in Malaysia. He now intends to diversify and offer to his clients all that is related to haircare and beauty. Shampoos, serums, makeup cosmetics, hair clips, razors, spas, (saloon) chairs, cups, electronic hair appliances - you name it and it’s on his mind already.11. Jazeel Badur Ferry Co-founder, Eventifier"Never let success get into your head and never let your failure get to your heart". These are the wise words dominating Jazeel’s Facebook page cover photo. The 23-year-old completed an undergraduate degree in computer science and engineering from Mangalore. He and his friends failed at impressing the jury of The Startup Centre hackathon with their idea to build an app related to stock market integrating the SMS feature.A year later, though, they floored the jury with their idea of Eventifier, which was born out of a seemingly casual observation that there was no online portal to archive the pictures and social media discussions threads that were formed while the event was on. Eventifier’s incubation at The Startup Centre hackathon was the starting point of the ride the three friends were getting onto. It was listed as one of the 7 most interesting social media startups at the Web Summit, Ireland. The startup has now been funded with USD 5,00,000 by Accel Partners and Kae Capital.12. Mohammad Hisamuddin Co-Founder, Innoz Technologies and QuestWhile the world is busy going gaga over the internet, Mohammad and two of his friends were busy unlocking the treasures of SMS apps. Mohammad graduated from Lal Bahadur Shastri College of Engineering, Kerala. The idea of Innoz was formed in a hostel room while the startup itself was jointly incubated at IIM Ahmedabad and Technopark Trivandrum.Quest is an Android and iOS based application that function as a search engine where people answer questions posed by other people. Innoz has been recorded the largest offline search engine, 2013, in the Limca Book of Records. It has also has won a number of awards, including Nasscom top 8 emerging technology companies in India 2010, top 10 mobile application developers in India 2010, and top 10 emerging product companies 2011. In addition, they won MIT-TR35 for 2010 and were shortlisted for the GSMA global mobile Awards 2012. Mohammad Hisamuddin follows football, cricket, and tennis and likes to read non-fictions books. With so many things on his plate, we wonder where this gets all the time for it.13. Navaj Sharief Founder, Ammi’s BiryaniWhat’s better than a traditional, homemade biryani? A traditional homemade biryani packed in a box and delivered to you! Meet the guy who brought this about - Navaj Sharief. He completed his schooling from Baldwin Boy’s School and moved on to pursue his BBA and MBA from the Banglore University. Navaj left the comfort of a well-established, family owned business to start Ammi’s Biryani in 2008.He believes in building the city before building the fort. It comes as no surprise, then, that he single-handedly built the company from scratch first, transcending from one role to another whenever required. The building of a strong management and HR team around it came later, with stabilization. This strategy has worked wonders for him. Today, Ammi’s Biryani has over 30 outlets spread across Bangalore and Chennai. It has been applauded for its flawless packaging and its appealing quality of food on various blogs. Navaj bagged the Best Entrepreneur Award at the Maeeshat Awards ceremony, 2013.14. Shahnaz Husain Founder, Shahnaz Husain GroupIf sheer grit and independence could be a woman, it would be Shahnaz Husain. She was schooled at La Martiniere, Lucknow, and was married by the tender age of 15. Shahnaz accompanied her husband to his posting in Tehran. There, beauty treatments intrigued her more than ever and she made up her mind to study cosmetology. Driven by her will to be independent, she supported her education by writing articles for the Iran Tribune. She worked with some of the leading institutions in the world, like Swarzkopf, Helena Rubinstein, Lancome, Christine Valmy, and Lean of Copenhagen. The occurrences of chemical damage due to beauty treatments inspired her to look for a safer, more dependable alternative.She found Ayurveda, and there has been no looking back ever since. Now a mother, she started her business in the comfort of her home, with an initial investment of INR 35,000 from her father. Soon, she was elected Chairman of the I.T.E.C. International Beauty Congress in 1981 and later in the year represented India at the Cosmetics Fair at Brighton, UK. The sale of her products broke the cosmetics sales record at Selfridge, and there was no looking back after. As of today, Shahnaz Husain has expanded her business to over 100 countries, branching into various segments like salons, spas, and shops.15. Syed Mohammed Beary CMD, Beary’s GroupSyed Mohammed Beary started off as a real estate consultant in 1981. Within three decades, Beary’s Group has grown into a giant empire, offering solutions for everything, from design, development, construction, management, coordination to marketing and advisory services. Today, Beary’s is involved in total reality, property development, and turnkey solutions, infrastructure and construction engineering, shariah as well as education. Syed spent his childhood in the picturesque hilly region of Chikmagalur.His love for nature forms an integral part of all the projects his group takes up. The entire Beary Group is supported on three pillars - Entrepreneurship, Environment, and Education. The BGRT is India’s first sustainable green building research park. They have as many as 16 educational institutes across the coastal towns of Karnataka. The group has won multiple awards over the years.16. Sirajuddin Qureshi CMD, Hind IndustriesSirajuddin Qureshi was born an entrepreneur. As a child, he supported his education by buying small goods and selling them on the roadside. He graduated from the University of Delhi and pursued Law after. Hind Industries saw its inception with Mr. Qureshi’s first consignment - an order of meat worth Rs. 17,000 to Dubai. Today, Hind Industries has its presence in 50 countries, with interests in agro-processing, abattoirs, livestock development, engineering, education, hospitality, and power. In 2010, Sirajuddin Qureshi was invited by US President Barack Obama for an entrepreneurial summit in Washington.Mr. Qureshi is also president of the Indian Islamic Culture Centre. Having realized the importance of education very early on in life, Mr. Qureshi has taken upon himself to help scores of youngsters from the minority sections of the society and educated them through the Noble Education Foundation of IICC. He also bears all the expenses towards the education provided. Mr. Qureshi has been honored with several awards and recognitions from the Government of India for his contributions to the export industry.17. Zoher Khorakiwala Chairman, MonginisIn the times when cakes were a luxury affordable only to the highest class, Monginis gave the common man reason to ‘Go ahead, celebrate!’. Zoher Khorakiwala grew up to a constant cycle of wooden trays filled with fresh cakes and puffs entering the bakery and getting exhausted within minutes. He joined the family business in 1972. Since then, much has changed and much has stayed the same. The cake shop of the common man has adapted itself to local tastes as it built franchises all over the world. The evergreen favorites like the black forest cake and the pineapple pastry, though, have remained untouched.Monginis has kept up with the dynamic technological advancements, entering into e-commerce and even offering varieties like ‘photo’ cakes. Not to forget the packaged moist cakes have gained popularity. Zoher Khorakiwala has strategized the expansion of Monginis in such a way that they consolidate their presence in the places where they already have stores. We think these are grand, deserving plans. After all, who hasn’t heard of Monginis?Edit: As per commentsHow a coolie's son set up a Rs 100 crore company http://www.rediff.com/getahead/report/how-a-coolies-son-set-up-a-rs-100-crore-company/20151216.htm

Did Mark Zuckerberg come from a wealthy family?

Early LifeZuckerberg was born on May 14, 1984, in White Plains, New York, into a comfortable, well-educated family. He was raised in the nearby village of Dobbs Ferry.Zuckerberg’s father, Edward Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked as a psychiatrist before the birth of the couple's four children — Mark, Randi, Donna and Arielle.Zuckerberg developed an interest in computers at an early age; when he was about 12, he used Atari BASIC to create a messaging program he named "Zucknet." His father used the program in his dental office, so that the receptionist could inform him of a new patient without yelling across the room. The family also used Zucknet to communicate within the house.Together with his friends, he also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."Mark Zuckerberg’s EducationTo keep up with Zuckerberg's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Zuckerberg. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics.Yet Zuckerberg remained fascinated by computers and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse.Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.Mark Zuckerberg's College ExperienceAfter graduating from Exeter in 2002, Zuckerberg enrolled at Harvard University. After his sophomore year, Zuckerberg dropped out of college to devote himself to his new company, Facebook, full time.By his sophomore year at the Ivy League institution, he had developed a reputation as the go-to software developer on campus. It was at that time that he built a program called CourseMatch, which helped students choose their classes based on the course selections of other users.He also invented Facemash, which compared the pictures of two students on campus and allowed users to vote on which one was more attractive. The program became wildly popular, but was later shut down by the school administration after it was deemed inappropriate.Based on the buzz of his previous projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking site they called Harvard Connection. This site was designed to use information from Harvard's student networks in order to create a dating site for the Harvard elite.Zuckerberg agreed to help with the project, but soon dropped out to work on his own social networking site, The Facebook.Mark Zuckerberg and Founding FacebookZuckerberg and his friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin created The Facebook, a site that allowed users to create their own profiles, upload photos, and communicate with other users. The group ran the site out of a dorm room at Harvard University until June 2004.That year Zuckerberg dropped out of college and moved the company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.In 2005, Zuckerberg's enterprise received a huge boost from the venture capital firm Accel Partners. Accel invested $12.7 million into the network, which at the time was open only to Ivy League students.Zuckerberg's company then granted access to other colleges, high school and international schools, pushing the site's membership to more than 5.5 million users by December 2005. The site began attracting the interest of other companies that wanted to advertise with the popular social hub.Not wanting to sell out, Zuckerberg turned down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features.‘Harvard Connection’ and Legal HurdlesZuckerberg seemed to be going nowhere but up. However, in 2006, the business mogul faced his first big hurdle: the creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses.Zuckerberg maintained that the ideas were based on two very different types of social networks. After lawyers searched Zuckerberg's records, incriminating instant messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends.Zuckerberg later apologized for the incriminating messages, saying he regretted them. "If you're going to go on to build a service that is influential and that a lot of people rely on, then you need to be mature, right?" he said in an interview with The New Yorker. "I think I've grown and learned a lot."Although an initial settlement of $65 million was reached between the two parties, the legal dispute over the matter continued well into 2011, after Narendra and the Winklevosses claimed they were misled in regards to the value of their stock.'The Social Network' MovieIn 2010, screenwriter Aaron Sorkin’s movie The Social Network was released. The critically acclaimed film received eight Academy Award nominations.Sorkin’s screenplay was based on the 2009 book The Accidental Billionaires, by writer Ben Mezrich. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters.Zuckerberg objected strongly to the film's narrative, and later told a reporter at The New Yorker that many of the details in the film were inaccurate. For example, Zuckerberg had been dating his longtime girlfriend since 2003. He also said he was never interested in joining any of the final clubs."It's interesting what stuff they focused on getting right; like, every single shirt and fleece that I had in that movie is actually a shirt or fleece that I own," Zuckerberg told a reporter at a startup conference in 2010. "So there's all this stuff that they got wrong and a bunch of random details that they got right."Yet Zuckerberg and Facebook continued to succeed, in spite of the criticism. Time magazine named him Person of the Year in 2010, and Vanity Fair placed him at the top of their New Establishment list.Facebook IPOIn May 2012, Facebook had its initial public offering, which raised $16 billion, making it the biggest Internet IPO in history.After the initial success of the IPO, the Facebook stock price dropped somewhat in the early days of trading, though Zuckerberg is expected to weather any ups and downs in his company's market performance.In 2013, Facebook made the Fortune 500 list for the first time—making Zuckerberg, at the age of 28, the youngest CEO on the list.Fake News and Cambridge Analytica ScandalZuckerberg was criticized for the proliferation of fake news posts on his site leading up to the 2016 U.S. presidential election. In early 2018, he announced a personal challenge to develop improved methods for defending Facebook users from abuse and interference by nation-states. (Previous personal challenges began in New Year's 2009 and have included only eating meat he killed himself and learning to speak Mandarin.)"We won't prevent all mistakes or abuse, but we currently make too many errors enforcing our policies and preventing misuse of our tools," he wrote on his Facebook page. "If we're successful this year then we'll end 2018 on a much better trajectory."Zuckerberg came under fire again a few months later when it was revealed that Cambridge Analytica, a data firm with ties to President Donald Trump’s 2016 campaign, had used private information from approximately 87 million Facebook profiles without the social network alerting its owners. The resulting outcry seemed to shake investors' confidence in Facebook, its shares dropping by 15 percent after the news became public.Following a few days' silence, Zuckerberg surfaced on various outlets to explain how the company was taking steps to limit third-party developers' access to user information, and said he would be happy to testify before Congress.On Sunday, March 25, Facebook took out full-page ads in seven British and three American newspapers, penned in the form of a personal apology from Zuckerberg. He promised the company would investigate all of its apps, and remind users which ones they can shut off. "I’m sorry we didn’t do more at the time," he wrote. "I promise to do better for you."Amid increasing calls for his resignation from investor groups, Zuckerberg traveled to Capitol Hill and met with lawmakers ahead of his two-day testimony, scheduled for April 10 and 11. The first day of hearings, with the Senate Commerce and Judiciary Committees, was considered a tame affair, with some senators seemingly struggling to understand the business model that powered the social media giant.The follow-up hearing before the House Energy and Commerce Committee proved far testier, as its members grilled the Facebook CEO over privacy concerns. During the day's testimony, Zuckerberg revealed that his personal information was among the data harvested by Cambridge Analytica, and suggested that legal regulation of Facebook and other social media companies was "inevitable."Personal WealthThe negative PR around the 2016 election and Cambridge Analytica scandal seemingly did little to slow the company's progress: Facebook saw its stock close at a record $203.23 on July 6, 2018. The surge bumped Zuckerberg past Berkshire Hathaway chief Warren Buffett to become the world's third-richest person, behind fellow tech titans Jeff Bezos and Bill Gates.Any gains were wiped out when Facebook shares dropped a staggering 19 percent on July 26, following an earnings report that revealed a failure to meet revenue expectations and slowing user growth. Nearly $16 billion of Zuckerberg's personal fortune was erased in one day.The stock rebounded, and Zuckerberg remains one of the world's wealthiest people. In 2019, Forbes ranked Zuckerberg at No. 8 on its ‘Billionaires’ list—behind Microsoft founder Bill Gates (No. 2) and ahead of Google co-founders Larry Page (No. 10) and Sergey Brin (No. 14). The magazine estimated his net worth to be about $62.3 billion at the time.LibraIn June 2019, Facebook announced it was getting into the cryptocurrency business with the planned launch of Libra in 2020. Along with developing the blockchain technology to power its financial infrastructure, Facebook established a Switzerland-based oversight entity called the Libra Association, comprised of tech giants like Spotify and venture capital firms like Andreessen Horowitz.The news again put Zuckerberg in the crosshairs of Congress, which summoned the CEO to testify before the House Financial Service Committee in October. Despite providing assurances that Facebook would withdraw from the Libra Association if the project failed to garner approval from regulators, Zuckerberg faced pointed questioning from skeptical lawmakers who cited the Cambridge Analytica fiasco and other past transgressions.Mark Zuckerberg’s WifeZuckerberg has been married to Priscilla Chan, a Chinese-American medical student he met at Harvard, since 2012. The longtime couple tied the knot one day after Facebook’s IPO.About 100 people gathered at the couple's Palo Alto, California home for the ceremony. The guests thought they were there to celebrate Chan's graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows.Mark Zuckerberg’s DaughtersZuckerberg has two daughters, Max, born on November 30, 2015, and August, born on August 28, 2017.The couple announced they were expecting both of their children on Facebook. When Zuckerberg welcomed Max, he announced he would be taking two months of paternity leave to spend with his family.Mark Zuckerberg’s Donations and Philanthropic CausesSince amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes. The most notable examples came in September 2010, when he donated $100 million to save the failing Newark Public Schools system in New Jersey.Then, in December 2010, Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime. Other Giving Pledge members include Bill Gates, Warren Buffett and George Lucas. After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit."With a generation of younger folks who have thrived on the success of their companies, there is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts," he said.In November 2015, Zuckerberg and his wife also pledged in an open letter to their daughter that they would give 99 percent of their Facebook shares to charity."We are committed to doing our small part to help create this world for all children," the couple wrote in the open letter that was posted on Zuckerberg's Facebook page. "We will give 99% of our Facebook shares — currently about $45 billion — during our lives to join many others in improving this world for the next generation."In September 2016, Zuckerberg and Chan announced that the Chan Zuckerberg Initiative (CZI), the company into which they put their Facebook shares, would invest at least $3 billion into scientific research over the next decade to help “cure, prevent and manage all diseases in our children's lifetime." Renowned neuroscientist Cori Bargmann of The Rockefeller University, was named the president of science at CZI.They also announced the founding of Chan Zuckerberg Biohub, a San Francisco-based independent research center that will bring together engineers, computer scientists, biologists, chemists and others in the scientific community. A partnership between Stanford University, the University of California, San Francisco, and the University of California, Berkeley, Biohub will receive initial funding of $600 million over 10 years.source: Mark Zuckerberg

Who is Mark Zuckerberg?

Mark Zuckerberg ( Chief Executive Officer of Facebook )Mark Elliot Zuckerberg is an American technology entrepreneur and philanthropist. Zuckerberg is known for co-founding and leading Facebook as its chairman and chief executive officer. He also co-founded and is a board member of the solar sail spacecraft development project Breakthrough StarshotWho Is Mark Zuckerberg?Born on May 14, 1984, in White Plains, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room.He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to more than 2 billion people, making Zuckerberg a billionaire many times over. The birth of Facebook was portrayed in the 2010 film The Social Network.Early LifeMark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York, into a comfortable, well-educated family, and raised in the nearby village of Dobbs Ferry.His father, Edward Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked as a psychiatrist before the birth of the couple's four children—Mark, Randi, Donna and Arielle.Zuckerberg developed an interest in computers at an early age; when he was about 12, he used Atari BASIC to create a messaging program he named "Zucknet." His father used the program in his dental office, so that the receptionist could inform him of a new patient without yelling across the room. The family also used Zucknet to communicate within the house.Together with his friends, he also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."EducationTo keep up with Mark's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Mark. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics.Yet Zuckerberg remained fascinated by computers, and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse.Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.Zuckerberg at HarvardAfter graduating from Exeter in 2002, Zuckerberg enrolled at Harvard University. By his sophomore year at the Ivy League institution, he had developed a reputation as the go-to software developer on campus. It was at that time that he built a program called CourseMatch, which helped students choose their classes based on the course selections of other users.He also invented Facemash, which compared the pictures of two students on campus and allowed users to vote on which one was more attractive. The program became wildly popular, but was later shut down by the school administration after it was deemed inappropriate.Based on the buzz of his previous projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking site they called Harvard Connection. This site was designed to use information from Harvard's student networks in order to create a dating site for the Harvard elite.Zuckerberg agreed to help with the project, but soon dropped out to work on his own social networking site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin.Zuckerberg and his friends created a site that allowed users to create their own profiles, upload photos, and communicate with other users. The group ran the site—first called The Facebook—out of a dorm room at Harvard until June 2004.After his sophomore year, Zuckerberg dropped out of college to devote himself to Facebook full time, moving the company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.Facebook RisesIn 2005, Zuckerberg's enterprise received a huge boost from the venture capital firm Accel Partners. Accel invested $12.7 million into the network, which at the time was open only to Ivy League students.Zuckerberg's company then granted access to other colleges, high school and international schools, pushing the site's membership to more than 5.5 million users by December 2005. The site then began attracting the interest of other companies, who wanted to advertise with the popular social hub.Not wanting to sell out, Zuckerberg turned down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features.Legal HurdlesZuckerberg seemed to be going nowhere but up. However, in 2006, the business mogul faced his first big hurdle: the creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses.Zuckerberg maintained that the ideas were based on two very different types of social networks but, after lawyers searched Zuckerberg's records, incriminating instant messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends.Zuckerberg later apologized for the incriminating messages, saying he regretted them. "If you're going to go on to build a service that is influential and that a lot of people rely on, then you need to be mature, right?" he said in an interview with The New Yorker. "I think I've grown and learned a lot."Although an initial settlement of $65 million was reached between the two parties, the legal dispute over the matter continued well into 2011, after Narendra and the Winklevosses claimed they were misled in regards to the value of their stock.'The Social Network'Zuckerberg faced yet another personal challenge when the 2009 book The Accidental Billionaires, by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters.Regardless of how true-to-life the story was, Mezrich managed to sell the rights of the tale to screenwriter Aaron Sorkin, and the critically acclaimed film The Social Network received eight Academy Award nominations.Zuckerberg objected strongly to the film's narrative, and later told a reporter at The New Yorker that many of the details in the film were inaccurate. For example, Zuckerberg had been dating longtime girlfriend Priscilla Chan, a Chinese-American medical student he met at Harvard, since 2003. He also said he never had interest in joining any of the final clubs."It's interesting what stuff they focused on getting right; like, every single shirt and fleece that I had in that movie is actually a shirt or fleece that I own," Zuckerberg told a reporter at a startup conference in 2010. "So there's all this stuff that they got wrong and a bunch of random details that they got right."Yet Zuckerberg and Facebook continued to succeed, in spite of the criticism. Time magazine named him Person of the Year in 2010, and Vanity Fair placed him at the top of their New Establishment list.Net WorthForbes ranked Zuckerberg at No. 35—beating out Apple CEO Steve Jobs—on its "400" list, estimating his net worth to be $6.9 billion at the time.Philanthropic CausesSince amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes. The most notable examples came in 2010: In September of that year, he donated $100 million to save the failing Newark Public Schools system in New Jersey.Then, in December 2010, Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime. Other Giving Pledge members include Bill Gates, Warren Buffett and George Lucas. After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit."With a generation of younger folks who have thrived on the success of their companies, there is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts," he said.Facebook IPOZuckerberg made two major life changes in May 2012: Facebook had its initial public offering, which raised $16 billion, making it the biggest Internet IPO in history.After the initial success of the IPO, the Facebook stock price dropped somewhat in the early days of trading, though Zuckerberg is expected to weather any ups and downs in his company's market performance.WifeAlso in May 2012—one day after the IPO—Zuckerberg wed his longtime girlfriend, Priscilla Chan. About 100 people gathered at the couple's Palo Alto, California home.The guests thought they were there to celebrate Chan's graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows.One year later, Facebook made the Fortune 500 list for the first time—making Zuckerberg, at the age of 28, the youngest CEO on the list.DaughterIn November 2015, Zuckerberg and Chan welcomed a daughter, Max, and Zuckerberg announced he would be taking two months of paternity leave to spend with his family. He and his wife also pledged in an open letter to their daughter that they would give 99 percent of their Facebook shares to charity."We are committed to doing our small part to help create this world for all children," the couple wrote in the open letter that was posted on Zuckerberg's Facebook page. "We will give 99% of our Facebook shares — currently about $45 billion — during our lives to join many others in improving this world for the next generation."In September 2016, Zuckerberg and Chan announced that the Chan Zuckerberg Initiative (CZI), the company into which they put their Facebook shares, would invest at least $3 billion into scientific research over the next decade to help “cure, prevent and manage all diseases in our children's lifetime." Renowned neuroscientist Cori Bargmann of The Rockefeller University, was named the president of science at CZI.They also announced the founding of Chan Zuckerberg Biohub, a San Francisco-based independent research center that will bring together engineers, computer scientists, biologists, chemists and others in the scientific community. A partnership between Stanford University, the University of California, San Francisco, and the University of California, Berkeley, Biohub will receive initial funding of $600 million over 10 years.In March 2017, Zuckerberg and Chan announced on Facebook that they were expecting their second child. Daughter August was born on August 28.The CEO has undertaken a personal challenge at the start of every year since 2009, with previous efforts including learning to speak Mandarin and only eating meat he had killed himself.Fake News and Cambridge Analytica ScandalAfter enduring criticism for the proliferation of fake news posts on his site leading up to the 2016 U.S. presidential election, Zuckerberg in early 2018 announced his personal challenge to develop improved methods for defending Facebook users from abuse and interference by nation-states."We won't prevent all mistakes or abuse, but we currently make too many errors enforcing our policies and preventing misuse of our tools," he wrote on his Facebook page. "If we're successful this year then we'll end 2018 on a much better trajectory."However, Zuckerberg came under fire again a few months later when it was revealed that Cambridge Analytica, a data firm with ties to President Donald Trump’s 2016 campaign, had used private information from approximately 87 million Facebook profiles without the social network alerting its owners. The resulting outcry seemed to shake investors' confidence in Facebook, its shares dropping by 15 percent after the news became public.Following a few days' silence, Zuckerberg surfaced on various outlets to explain how the company was taking steps to limit third-party developers' access to user information, and said he would be happy to testify before Congress. On Sunday, March 25, Facebook took out full-page ads in seven British and three American newspapers, penned in the form of a personal apology from Zuckerberg. He promised the company would investigate all of its apps, and remind users which ones they can shut off. "I’m sorry we didn’t do more at the time," he wrote. "I promise to do better for you."Amid increasing calls for his resignation from investor groups, Zuckerberg traveled to Capitol Hill and met with lawmakers ahead of his two-day testimony, scheduled for April 10 and 11. The first day of hearings, with the Senate Commerce and Judiciary Committees, was considered a tame affair, with some senators seemingly struggling to understand the business model that powered the social media giant.The follow-up hearing before House of Representatives Energy and Commerce Committee proved far testier, as its members grilled the Facebook CEO over privacy concerns. During the day's testimony, Zuckerberg revealed that his personal information was among the data harvested by Cambridge Analytica, and suggested that legal regulation of Facebook and other social media companies was "inevitable."The negative PR seemingly did little to slow the company's progress, as Facebook rebounded to see its stock close at a record $203.23 on July 6. The surge bumped Zuckerberg past Berkshire Hathaway chief Warren Buffett to become the world's third-richest person, behind fellow tech titans Jeff Bezos and Bill Gates.However, the gains were wiped out when Facebook shares dropped a staggering 19 percent on July 26, following an earnings report that revealed a failure to meet revenue expectations and slowing user growth, erasing nearly $16 billion of Zuckerberg's personal fortune in one day.Info Source - Mark Zuckerberg

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