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How a college dropout became a billionaire philanthropist

Mark Zuckerberg has grown from a Harvard dropout who changed what it means to be social into a billionaire philanthropist bent on shaping a better world for his daughter.

Mark Zuckerberg has grown from a Harvard dropout who changed what it means to be social into a billionaire philanthropist bent on shaping a better world for his daughter.

Zuckerberg and his doctor wife, Priscilla Chan, set the Internet abuzz this week with news of the birth of their first child, a girl named Maxima.

Zuckerberg and Chan also pledged to give away their Facebook fortune to make the world a “better place” for baby daughter Maxima and others.

In a letter to Maxima posted on his Facebook page, the couple said they were going to give away 99 percent of their company shares— estimated value $45 billion — during their lives in an effort to make a happy and healthy world.

Zuckerberg cemented his fortune, and a place in Silicon Valley history, by leading Facebook to a historic Wall Street debut in 2012. Facebook shares on Thursday were trading at nearly triple the initial public offering price of $38.

The $16 billion IPO was structured to keep control of Facebook in the hands of Zuckerberg, who has been Time's ‘Person of the Year’ and cracked the Forbes list of 20 richest people in the world.

The hoodie-wearing 31-year-old, depicted in the Hollywood drama “The Social Network” as a socially challenged computer geek, has evolved into a confident chief executive presiding over an online community boasting more than 1.5 billion users monthly as of September.

Despite his massive wealth, Zuckerberg still favors t-shirts, jeans and sneakers, topped off by his trademark hooded sweatshirt and a mop of brown, curly hair.

He has donned suits, though, while meeting with high-profile figures such as Indian Prime Minister Narendra Modi and US President Barack Obama.

Zuckerberg is known for setting annual goals, which have included wearing ties every day; only eating meat of animals he kills himself; and learning to speak Chinese to be able to chat with members of his wife's family who speak that language.

He has grown more outspoken socially and politically. Zuckerberg has marched with hundreds of Facebook employees in San Francisco's grand Gay Pride Parade and publicly backed US immigration reform.

Quotes credited to Zuckerberg included “What would you do if you weren't afraid” and “Move fast and break things.”

Zuckerberg is known for advocating a “hacker way” of boldly twisting software or systems in promising directions.

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