Zuckerberg made two major life changes in May 2012. Facebook had its initial public offering, which raised $16 billion, making it the biggest internet IPO in history. How Zuckerberg’s company will handle this influx of cash remains to be seen. But Zuckerberg may be looking at more acquisitions. He personally negotiated the company deal to buy Instragram the previous month.
After the initial success of the IPO, the Facebook stock price dropped somewhat in the early days of trading. But Zuckerberg is expected to weather any ups and downs in his company’s market performance. He holds more than a quarter of its stock and retains 57 percent control of the voting shares.
On May 19, 2012—a day after the IPO—Zuckerberg wed his longtime girlfriend, Priscilla Chan. About 100 people gathered at the couple’s Palo Alto, California home. The guests thought they were there to celebrate Chan’s graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows.
In May 2013, Facebook made the Fortune 500 list for the first time—making Zuckerberg, at the age of 28, the youngest CEO on the list.