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Mark Elliot Zuckerberg (/ ˈ z ʌ k ər b ɜːr ɡ /; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling shareholder.
In October 2021, owner Facebook, Inc. changed its company name to Meta Platforms, Inc., or simply "Meta", as it shifts its focus to building the "metaverse". This change does not affect the name of the Facebook social networking service itself, instead being similar to the creation of Alphabet as Google's parent company in 2015. [226]
Eduardo Luiz Saverin was born in São Paulo to a wealthy Jewish-Brazilian family, [5] [13] [14] which later moved to Rio de Janeiro. Saverin's father, Roberto Saverin, [15] was a businessman working in clothing, shipping, energy, and real estate. [16]
In August 2013, Facebook founded Internet.org in collaboration with six other technology companies to plan and help build affordable Internet access for underdeveloped and developing countries. [489] The service, called Free Basics, includes various low-bandwidth applications such as AccuWeather, BabyCenter, BBC News, ESPN, and Bing.
Dustin Aaron Moskovitz [1] (/ ˈ m ɒ s k ə v ɪ t s /; born May 22, 1984) [2] is an American billionaire internet entrepreneur who co-founded Facebook, Inc. (now known as Meta Platforms) with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. [3] In 2008, he left Facebook to co-found Asana [4] with Justin Rosenstein.
Christopher Hughes (born November 26, 1983 [1]) is an American entrepreneur and author who co-founded and served as spokesman for the online social directory and networking site Facebook until 2007. He was the publisher and editor-in-chief of The New Republic from 2012 to 2016. Hughes co-founded the Economic Security Project (ESP) in 2016.
In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [130] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [131]
However, Facebook founder and CEO Mark Zuckerberg is the majority shareholder of Meta, owning 13% of its stake as of January 2024. The largest company shareholder is Vanguard Group Inc.