How Much Is Facebook Worth

Net Worth : $63.47 Billion

After releasing in 2004, Facebook has gone onto becoming the leading social networking site overtaking Myspace in April 2008. Facebook is a online social networking service founded by students from the esteemed Harvard University.

People use Facebook mainly to keep in touch with friends and family all over the world. The network also keeps the people updated on the current affairs in the ever changing world. The co-founders of Facebook are Mark Zuckerberg, Eduardo Saverin and Dustin Moskovitz.

With the shares they hold in Facebook, all of the co-founders have gone onto becoming billionaires. The company recently celebrated its 10th anniversary in Feb, 2014. It made its entry in the Fortune 500 Company in 2013 with revenues close to $ 5 billion.

Facebook brings in income mostly from advertisement, mobile advertising and other non-advertising ways which includes Facebook games, Facebook Gift Shops, Facebook credits. Although Facebook is largely successful, it hasn’t been able to evolve into a highly lucrative business. The critically acclaimed movie” The Social Network” depicted the lives of Mark Zuckerberg, Eduardo Saverin, Moskovitz and showed how the Facebook establishment came into life.

Forbes magazine rated Facebook the 36th most valuable brand in the world. Facebook’s main mission has always been to make the world more open and with a billion users active on Facebook, the mission has been far from a failure. The company is valued at $63 billion.

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)