Who is the Owner of Facebook

BHUMI16

BHUMIKA PARIKH
As we know that Facebook is #1 social networking site but who is the owner of this site actually??

According to Paul Ceglia he has signed a contract with Facebook co-founder Mark Zuckerberg in 2003 to developed and design a website. The terms of the contract entitled Ceglia to a $1,000 fee and 50% stake in the product,which eventually was launched as thefacebook.com

The contract also say that Ceglia "would acquire an additional 1% interest in business , per day. until the website was completed.

The order will not affect our ability to do business but we do not believe it is legally supported and we have moved to have it vacated say the facebook Barry Schnitt


:smile:
 
Mark Elliot "Zuck" Zuckerberg (born May 14, 1984) is an American entrepreneur who co-founded the social networking site Facebook. Zuckerberg co-founded Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard.
 
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