12/15/2010 11:09 AM
by David John Walker
Twenty-six year old Mark Zuckerberg, co-founder and CEO of social networking giant Facebook, was named Time’s “Person of the Year” for 2010. Zuckerberg, who is one of the world’s first billionaires, owns about 25% of Facebook’s shares, and has also distinguished himself as an important new philanthropist.
Zuckerberg joined Giving Pledge, an organization led by Microsoft founder Bill Gates and investor Warren Buffet to get the richest people in America to increase their charitable contributions. Earlier this year Zuckerberg promised to give $100 million to the Newark, NJ school system over the next five years.
Time’s “Person of the Year” title is given to someone who has most affected the culture and news throughout the year, for good or bad. Time said it named Zuckerberg “Person of the year “For connecting more than half a billion people and mapping the social relations among them; for creating a news system of exchanging information; and for changing how we all live our lives,”.
Federal Chairman Ben Bernanke last year was named Time’s “Person of the Year”, President Barack Obama received the honor in 2008, and Russian Prime Minister Vladimir Putin was the winner in 2007.
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