Mark Zuckerberg faced scandal after scandal during the last decade running Facebook
- Mark Zuckerberg saw Facebook through a financially successful decade that saw the company's share price rise since its IPO in 2012.
- He also got married to his longtime girlfriend Priscilla Chan, had two children, and bought several houses and properties.
- Despite personal and professional successes, the latter half of the decade was marked by scandals and congressional hearings for Zuckerberg that led to increased criticism and scrutiny of the CEO and his social media company.
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Facebook CEO and cofounder Mark Zuckerberg spent the decade overseeing Facebook's rise in prominence in daily life. From the company's 2012 IPO, to buying Instagram and WhatsApp, it has continued to be successful and has made Zuckerberg one of the richest people in the world.
Although the company has been successful, its last decade has also been full of scandals and accusations, ranging from a psychological experiment conducted on 70,000 unconsenting Facebook users which examined how changes in the News Feed could impact their mental health, to claims the social network was censoring content.
And then there was Facebook's role in spreading fake news - which was used to incite a genocide in Myanmar - and the revelation of mishandled Facebook user data in the Cambridge Analytica scandal being utilized to target voters in the 2016 US presidential election. More recently, Facebook's decision not to fact check political ads has drawn ire from politicians, journalists, and even the company's employees.
Scroll on to see what Mark Zuckerberg got up to this decade.
2010 was big year for Mark Zuckerberg. He was named Time's Person of the Year, seven years after starting Facebook.
That same year, "The Social Network" was released and won awards for its portrayal of Facebook's founding. Zuckerberg maintains that many of the details in the film are inaccurate.
In 2011, Mark Zuckerberg started settling into Palo Alto. He and girlfriend Priscilla Chan bought a house to live in, plus the four surrounding houses for privacy, totaling about $50 million. They also adopted a dog, named Beast.
2012 was the year that Facebook bought Instagram for $1 billion, right before Facebook went public.
In May, Facebook had its initial public offering, listing its stock at $38 per share.
The very next day, Zuckerberg married longtime partner Dr. Priscilla Chan, who had just graduated from medical school.
The couple honeymooned in Rome, and Zuckerberg got to live out his obsession with Augustus Caesar.
In 2013, a whitehat hacker tried to report a security bug to Facebook. When no one responded, he hacked Mark Zuckerberg's account and posted the bug on his wall.
Zuckerberg spent $100 million on two Hawaii properties in 2014, which include a white sand beach and a former sugarcane plantation.
That same year, Facebook faced criticism for the revelation that it was conducting psychological tests on 70,000 unconsenting participants in 2012, removing certain words from users' newsfeeds to test how it affected their reactions to posts.
In 2015, Zuckerberg and Chan had their first daughter, Max, short for Maxima.
To celebrate, they also started the Chan Zuckerberg Initiative, pledging to give 99% of their Facebook shares, or $45 billion, to "advancing human potential and promoting equality."
In 2016, Zuckerberg and the Chan Zuckerberg Initiative announced that they would invest $3 billion toward curing the world's diseases, with a goal of curing them within their daughter's lifetime.
2016 was a tough year for Facebook, and it faced controversies for removing an iconic Vietnam war photo, suspending video of the Dakota Access Pipeline protests, and other removals that made people question Facebook's content policies.
The company also faced heavy criticisms for misinformation surrounding the 2016 US Presidential election, especially after a Buzzfeed report showed that false news stories outperformed real news. Mark Zuckerberg posted to Facebook an apology and plans to improve.
In November, BuzzFeed and Bloomberg reported that Facebook spent the second half of 2016 trying to buy TikTok's predecessor, Musical.ly. The company's interest in the China-based app drew scrutiny in light of Mark Zuckerberg's recent criticisms of the Chinese app.
In 2017, Zuckerberg and Chan had a second daughter, August, possibly after Augustus Caesar.
Then in 2018, news of the Cambridge Analytica scandal broke, revealing that the data-analytics firm improperly obtained data from tens of millions of Facebook users.
Following the reveal that Cambridge Analytica used Facebook user data to target voters, Zuckerberg testified before Congress in April 2018.
2018 also marked one of the darkest moments in Facebook's history, as reports revealed that the social network was used to incite genocide against the Muslim Rohingya minority in Myanmar by the country's military officials.
In 2019, the FTC fined Facebook $5 billion over violations of user privacy, which was a record-breaking fine for a tech company.
Facebook also announced its plans to launch a cryptocurrency called Libra, and in October Zuckerberg once again testified before a committee of the House of Representatives on financial impacts and regulations about the cryptocurrency,
The latest scandal on Zuckerberg's plate has been about political advertising on Facebook. The company does not fact check political ads, which has drawn criticism from politicians and employees, and seems like it will continue to be a headache for Facebook — especially going into the 2020 election.
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