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.