Mark zuckerberg biography video about helen
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Mark zuckerberg biography video about helen
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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 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.
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.
The stock rebounded, and Zuckerberg remains one of the world's wealthiest people. In , Forbes ranked Zuckerberg at No. In June , Facebook announced it was getting into the cryptocurrency business with the planned launch of Libra in 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.
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. Zuckerberg has been married to Priscilla Chan, a Chinese-American medical student he met at Harvard, since About 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. Zuckerberg has two daughters, Max, born on November 30, , and August, born on August 28, 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.
Since amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes. Then, in December , Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime. After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit.
In November , 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. Small Business Banking. Credit Cards Credit Scores. Credit Monitoring. Best Credit Cards. Best Cash Back Credit Cards. Best Rewards Credit Cards. Best Travel Credit Cards. Best Balance Transfer Credit Cards.
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