Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBreaking NewsMark Zuckerberg is Now Worth $100 Billion

Mark Zuckerberg is Now Worth $100 Billion

Add to Favorite
Added to Favorite

 

Mark Zuckerberg Now Worth $100 Billion .Only Jeff Bezos of Amazon and Bill Gates of Microsoft have passed the net worth of 100 billion.

Mark Zuckerberg enrolled at Harvard University in 2002. On February 4, 2004, he launched thefacebook.com and later names it Facebook in 2005,Facebook became a directory where  fellow Harvard students uploaded their personal  information and photos into a template that he had devised. This information publicized  to each individual’s network of friends and  to friends of friend, in what Zuckerberg called the “social graph.” In May 2005 Facebook received its first major investment of venture capital  of $12.7 million.

Zuckerberg turned down a $1 billion buyout offer from Yahoo!, and later in 2007 Facebook Microsoft paid $240 million for a 1.6 percent stake in Facebook. Two years later Digital Sky Technologies purchased a 1.96 percent share for $200 million. After Facebook, Inc. (FB) Nasdaq GS  initial public offering (IPO) in 2012, Zuckerberg’s net worth was estimated at more than $19 billion.

Facebook both ad revenues and subscribers came in ahead of expectations.

Revenues overall rose nearly 11%, to $18.69B; ad revenues rose 10% to $18.32B.

Operating income jumped 29% to $5.96B, with margin of 32%.

And amid a sharply lower effective tax rate (16% vs. 46%), net income nearly doubled, to $5.18B.

Daily active users were 1.79B (up 12%), topping expectations for 1.74B, and monthly active users also rose 12%, to 2.7B. Source:CWEB

Subscribe to get Latest News Updates

Latest News

You may like more
more

Wheaton Precious Metals Corp. (NYSE:WPM) Financial Overview

Earnings Per Share (EPS) for Q3 2024 stood at...

NRG Energy, Inc. (NYSE:NRG) Stock Price Target Shows Positive Trend

The consensus price target for NRG Energy, Inc. (NYSE:NRG)...

Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) Overview

The consensus price target for Xeris Biopharma's stock has...