Facebook has reached 500 million users, making it the most popular social website on the internet (by a long shot.) To celebrate the tremendous milestone, not only will Facebook launch Facebook Stories, a website within Facebook that will sort user-submitted stories and feature them for all to see, but Facebook CEO, infamously camera shy Mark Zuckerberg, also sat down for an interview with ABC News’ Diane Sawyer.

Sawyer asked Zuckerberg about the recent lawsuit pending in the Supreme Court of Allegany County, New York, that claims Zuckerberg had signed a contract to sign over 84% of ownership over Facebook. Here’s what he had to say about what has already been called a pretty ridiculous lawsuit across the board:

Facebook has also had a great deal of problems with users when it comes to privacy. People are running into confusion when it comes to what they are sharing and who they are sharing it with. Zuckerberg also addressed that.

You can watch the entire exclusive interview with Diane Sawyer and Mark Zuckerberg here.