Facebook CEO Mark Zuckerberg still owns 28.4% of Facebook despite the huge amount of money the company has raised, according to the company's S-1 filing.
That amounts to 534 million shares.
If Facebook is worth between $75 billion and $100 billion (we'll call it $87.5 billion), that's worth $24.7 billion.
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His soaring fortune is in part thanks to Facebook'sin 2012. Shares of the $200 billion company have seen a sharp rise in the last year,and in the second quarter of this year.Business Insider's Nicholas Carlson reported earlier this month In July, Facebook announced its second quarter revenues were up 67% from the same quarter during the year before.
Over a five-year time frame, we have a number of services, which we think are well on their way to reaching 1 billion people," he said. "Messenger, WhatsApp, Instagram, and Search are a number of them. And once we get to that scale, then we think that they will start to become meaningful businesses in their own right.
The Forbes 400 is out, and Tesla Motors CEO Elon Musk is Number 50 on the list of America's richest people. His net worth is listed by Forbes as $9.2 billion, a far cry from Number One, Microsoft c0-founder Bill Gates at $81.2 billion, or even a cluster of Wal-Mart heirs in the $30-million-plus category. At Number Ten, Facebook CEO Mark Zuckerberg ($34.
In March, Facebook freaked everybody out by buying Oculus, the makers of the Rift VR device, for $2 billion . As we've reported before , Facebook CEO Mark Zuckerberg said they bought the company because it was a "a new communication platform." At the Paley International Council Summit on Thursday, we learned a little bit more about those plans.
Social media giantFacebookdrew ire from some users recently due to its strict real name policy. Some even fled forEllo-- madness!
Now, it looks like Facebook's responding to complaints with a mobile app "that allows users to interact inside of it without having to use their real names.
Back in August, Facebook messenger became obligatory. I ran a column called Yes, you DO want Facebook Messenger that many Facebook users were shockingly opposed to. But it's been barely 3 months and Facebook has already announced it: they've reached a tipping point. They already have 500 million users using - not just having downloaded - using Messenger each month.
When Mark Zuckerberg created Facebook about one decade ago, he believed most users would be coming to the site from desktop computers. That all changed in 2012, as the company realized for the first time that more people were visiting Facebook on mobile phones than PCs. From then on, Zuckerberg declared Facebook would be a mobile-first company. And he wanted his employees to internalize that.
Have you ever wanted to ask Facebook CEO Mark Zuckerberg a question? You'll soon get your chance. On Thursday, November 6 at 2 p.m. PT Zuckerberg will be doing a public Q&A, answering questions submitted to him via Facebook. While he hasn't exactly vowed to answer every question posed to him, that's the generally the idea.
Rumors of some sort of a standalone Facebook phone have existed for years. Facebook's previous attempts at a Facebook-centric phone include the HTC ChaCha, which featured a physical Facebook button for quickly posting to the social network, and the HTC First, which included the Facebook Home operating system, which was really a software "layer" on top of Android.
Not a lot of people get the chance to work directly under billionaire founders and CEOs.That’s why most people take what they see in the press or movies and create their own — often false and distorted — images of what it's like to work with them.Facebook's Mark Zuckerberg, for example was depicted as an arrogant nerd-punk in “The Social Network,” the 2010 film about the founding of Facebook.
Facebook Messenger isn't contributing to Facebook's bottom line, but that could change in the not-so-distant future, reports Wired's Jessi Hempel . The social networking company could monetize Messenger in a number of ways, but three paths seem increasingly likely: payments, promotions, and corporate communications.
Facebook announced this afternoon that it has purchased the video ad tech company LiveRail in a move the company says will make its nascent video ad format more relevant to users. TechCrunch's Josh Constine reports that an unnamed source told him Facebook paid between $400 million and $500 million for the company, but that Facebook refused to confirm those figures.
Health might not be the only thing Facebook is eying for the near future. Facebook's belittled and sometimes even antagonized Messenger app was discovered to have code in place that will let users send money to their friends easily and maybe even without transaction fees.
suing Murphy, Spiegel and all their investors A third cofounder who was cut from the company in the early days, Reggie Brown, is currently suing Murphy, Spiegel and all their investors . He named Okuyiga and Dubie during his April 2013 deposition. Both were in the same fraternity as Brown and Spiegel, Kappa Sigma.Dubie is currently an engineer at Dropbox, according to.
re still seeing user growth from these demographics.In the US, for example, 18- to 29-year-olds actuallySocial networks continue to be popular with teenagers, but their largest group is actually a bit older.