Facebook's Mark Zuckerberg Racks Up Some Hefty Kudos

Mark Zuckerberg, Facebook, Time's Person of the Year
Mark Zuckerberg, Facebook, Time's Person of the Year


magazine has unveiled its Person of the Year for 2010: Facebook founder Mark Zuckerberg. And in a separate accolade, his company was also named the Best Place to Work for 2011.

In naming the youthful Zuckerberg as Person of the Year, Time (TWX) cited him for "connecting more than half a billion people and mapping the social relations among them; for creating a new system of exchanging information; and for changing how we all live our lives." Other tech luminaries who have received Time's Person of the Year honor include Amazon (AMZN) founder Jeff Bezos in 1999 and former Intel (INTC) CEO Andy Grove in 1997 (see complete list).

Zuckerberg, who formed Facebook nearly seven years ago, also managed to create a workplace that employees ranked as tops for the coming year, according to Glassdoor.com's Employees' Choice Awards. On this employee survey, which was released Tuesday, Zuckerberg scored a 96% approval rating from employees who recorded their assessment. The company also scored high on compensation and satisfaction, employee morale and work-life balance issues. All this pushed Facebook to the top spot.

Mark Zuckerberg, Time magazine Person of the Year
Mark Zuckerberg, Time magazine Person of the Year

For Zuckerberg and Facebook, the two honors serve as yet another wedge to widen the gap between the social networking giant and its archrival Google (GOOG).

Earlier this year, Google issued a 10% pay raise and $1,000 bonus to all full-time employees as a retention measure. A number of them have been defecting to the social networking giant. Google ranked No. 30 in the Glassdoor survey.

On a more regional note, Zuckerberg also was named to the California Hall of Fame during a ceremony Tuesday, becoming the youngest member since the award was created three years ago, according to a Reuters report.

The kudos keeping coming. All that's left is for a movie that depicts Zuckerberg's life, though not always in a flattering light, to win any one or all of its six Golden Globe nominations, including Best Picture, when the ceremony is held Jan. 16.

Get info on stocks mentioned in this article: