Young Rag-to-Large List : Dustin Moskovitz

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Born on: 22nd May 84 
Born in: United States
Marital status:
Occupation: Co-founder- Facebook, Enterpreneur

Net Worth: $6.8 billion

No longer the world’s youngest billionaire, Dustin Moskovitz will turn 30 this year. Mark Zuckerberg’s former roommate, Moskovitz helped kick start the social network from a Harvard dorm, dropping out of school after two years to work on the venture full-time as Facebook’s third employee. He left Facebook in 2008 to start Asana, a software company that aims to improve how people work with project collaboration tools. He got married in the past year to longtime girlfriend Cari Tuna.

Dustin Moskovitz is the co-founder of Facebook and Asana,a new company founded by him but did not reach the same heights as Facebook. The technical side of Facebook was under his supervision.As he was a leader in the technical staff, he was responsible for the company’s mobile strategy and development. Dustin was involved in the growth and inception of the site from the time it came into existence. In 2011 he was ranked as the world’s youngest self-made billionaire. He held a share of 7.6% in Facebook which has been liquidated with the announcement of the company’s IPO.

Dustin as one of the co-founders of Facebook was a 6% owner of Facebook. He raised capital in 2008 and the entire company was valued at $50 billion. This valuation helped Moskovitz to get a paper wealth of $12 billion. In 2008 he left Facebook to form a new company called Asana. Next year he and his partner Rosenstein closed a funding deal worth $9 million for their new company. Earlier he had received $1.2 million from investors like Sean Parker.

Background and education

Moskovitz was born in Gainesville, Florida and grew up in Ocala, Florida. He is eight days younger than Zuckerberg.Moskovitz isJewish.He attended Vanguard High School, graduating from the IB Diploma Program. Moskovitz attended Harvard University as an economics major for two years before he moved with Mark Zuckerberg to Palo Alto. He went to work full-time on Facebook.

Career

Facebook

Four people, three of whom were roommates — Mark ZuckerbergEduardo SaverinChris Hughes, and Dustin Moskovitz — founded Facebook in their Harvard University dorm room in February 2004. Originally called thefacebook.com, it was intended as an exclusive online directory of all Harvard’s students to help residential students identify members of other residences. In June 2004, Zuckerberg, Hughes and Moskovitz took a year off from Harvard and moved Facebook’s base of operations to Palo Alto, California, and hired eight employees. They were later joined by Sean Parker. At Facebook, Moskovitz was the company’s first chief technology officer and then vice president of engineering;he led the technical staff and oversaw the major architecture of the site, as well as being responsible for the company’s mobile strategy and development.

After Facebook

On October 3, 2008, Moskovitz announced that he was leaving Facebook to form a new company called Asana with Justin Rosenstein, an engineering manager at Facebook. Moskovitz was also the biggest angel investor in the mobile photo-sharing site Path, run by another former member of Facebook, David Morin. It was reported that Moskovitz’s advice was important in persuading Morin to reject a $100 million offer for the company from Google, made in February 2011.

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