In a status update of sorts, Facebook, Inc. (FB) CEO Mark Zuckerberg, who created the social network in his dorm room at Harvard University, will finally graduate from the institution this May. Zuckerberg is scheduled to deliver the commencement address to this year's graduates at his alma mater and will also receive an honorary degree from there. The 32-year-old quit Harvard in 2004 to become an entrepreneur. With the receipt of a degree 13 years later, Zuckerberg will also be able to update his study period at the university on his Facebook profile. Currently, it says he studied at Harvard between September 2002 and May 2004.  

In a statement announcing the commencement speaker, Harvard President Drew Faust lauded Zuckerberg's vision. "Mark Zuckerberg's leadership has profoundly altered the nature of social engagement worldwide. Few inventions in modern times can rival Facebook in its far-reaching impact on how people around the globe interact with one another," she said. (See also: 5 Unsung Tech Entrepreneurs.)

Zuckerberg becomes the second tech CEO to be conferred an honorary degree from Harvard. Microsoft Corporation (MSFT) CEO Bill Gates was bestowed with an honorary degree a decade ago when he spoke at the university's commencement. In fact, Zuckerberg asked him for advice in a video. 

After he quit Harvard as a 20-year-old sophomore, Zuckerberg has returned just once to his alma mater in an official capacity. This was in 2011, when he came back for a selective recruiting event for his company. Back then, he told The Harvard Crimson that the next five to ten years in Facebook's future would be about new products and "industries that can be rethought." He has stayed true to his word. (See also: Facebook's Mark Zuckerberg Makes Case for Global Community.)

Since 2011, Facebook has moved beyond its social network roots into multiple industries, including virtual reality, entertainment and providing internet access to the world. Zuckerberg himself has changed dramatically since his Harvard days. From a wet-behind-the ears brash entrepreneur, he has become a patient father who has been photographed changing his daughter's diapers. He is also the youngest mega-billionaire in the U.S. and a much discussed philanthropist. His thinking about religion and open source software has changed – unlike Alphabet Inc. (GOOG) subsidiary Google, Facebook is often considered a walled garden by developers. And there is even talk that Zuckerberg might run for president some day. (See also: What's the Real Reason Zuckerberg Is Going on a 50-State Tour?)