Facebook Net Worth – How Much Is Facebook Worth?

Here are some facts about Facebook you probably didn’t know.

Facebook contains informative content and at the same time entertains its users with interesting applications like video games. Mark Zuckerberg is the founder and CEO of Facebook. He founded Facebook in 2003. Facebook is one of the influential social networks in the world boasting billions of users monthly.Facebook Net Worth

Zuckerberg created this online platform called “face mash” to enable users to fellow students by comparing photos of their faces and selecting who they feel is sharper and hotter. The fact that there wasn’t a Facebook for the whole students of Harvard University made Zuckerberg come up with the idea of creating one.

By September 26, 2006 anyone in the world was able to create a Facebook account provides that was 13 years old and has a valid email address.

Zuckerberg became a billionaire by the age of 23. The record has it that thousands of people frequent Facebook every second, you can imagine how many million users will be online in a minute. A greater percentage of users access Facebook from their mobile.

ALSO READ:  Snoop Dogg Net Worth, Properties and Career Documentary 2020

Every minute there are 150,000 messages sent, there are 100,000 friend requests every 10 minutes. The number of active Facebook users was surpassed to billion in the third quarter of 2012 making it the first social network to do so. Facebook is the most popularly accessed platform because users find it easier to post photos and videos and comments that are not private.

Although Facebook was not the first social network, MySpace was there. It was created by Tom Anderson but by 2010 Facebook overtook MySpace. One can easily ask why Facebook is blue, it’s simply because Zuckerberg is color blind (red-green).

ALSO READ:  APPLE NET WORTH - HOW MUCH IS APPLE INC WORTH?

This blue color also dominates the Facebook website and mobile app. Zuckerberg once told Magazine “blue is the richest color for me”. People with red-green color blind are said to always have difficulty in differentiating between reds, greens, browns. Apart from India, the United States and Brazil uses Facebook the most.

FACEBOOK NETWORTH

Aside from having over two billion users on its platform, Facebook doesn’t make any money on the content or directly through its user’s base. The company earns about 85% of its money on advertising. Facebook earns $3.5billion a quarter from advertising.

Facebook generates $12.47 billion in sales. Mark Zuckerberg sold 30.2/million shares which netted him $1.057 billion. He still possesses over 500 million other shares that he won’t sell.

Facebook is currently worth:$470 Billion

Facebook net worth: $470 Billion

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.