Tuesday, 4 February 2014

Facebook Celebrates 10 Years


Today Tuesday, February 4, 2013, marks the 10th anniversary of the biggest social networking website in the world, Facebook. 


From a university directory formulated in a Harvard dormitory by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, to a billion-dollar business, Facebook has become a way of life for its users, altering the way we use the internet and conduct relationships.


But just how much do you know about Facebook? Check after the cut some vital statistics of the site.

Billionaires' club
Facebook has made billionaires of Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin and Sean Parker.

On Forbes 2013 list of the wealthiest Americans, 29-year-old Zuckerberg was ranked 20, with an estimated net worth of $19 billion. Moskovitz’s wealth totalled at $5.2 billion – born nine days after Zuckerberg, he’s also the world’s youngest billionaire  – Saverin’s fortune equated to $2.2 billion, while erstwhile Facebook president and Napster co-founder Parker has a worth of $2 billion.

Sheryl Sandberg, chief operating officer at Facebook since March 2008, has also been minted by the company, becoming a billionaire thanks to the growth of the company’s stock.

Acquisitions
Today, Facebook isn’t just Facebook. Back in April 2012, the social networking giant acquired burgeoning photo and video sharing site Instagram for around $1 billion.
In 2013, the popularity of the service that started life in 2010 continued to increase rapidly, showing a 23% growth in active users.

Facebook doesn’t have it all its own way when it comes to purchases though. In November 2013, increasingly popular photo messaging app Snapchat – much like Instagram 19 months earlier - caught the eye of Facebook, who offered $3 billion to buy the company. However, CEO and founder Evan Spiegel declined, wishing to progress the business himself.

Population

According to recent calculations, Facebook currently has 1.23 billion monthly active users – that’s approximately one-sixth of the world’s population. If the site was a country, it would be the second largest in the world behind China (1.36 billion) and India (1.239 billion). That’s bigger than the next four populations - US, Indonesia, Brazil, Pakistan and Nigeria - combined.

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