Connect with us

LIFESTYLE

Facebook Net Worth

Published

on

Facebook Net Worth

Facebook net worth: Facebook is an American based social networking technology company that has a market cap and net worth of $470 billion. Facebook was founded by Mark Zuckerberg while he was a student at Harvard University in 2004 and has since grown to have over 900 million members.

People are able to create personal profiles on the site Facebook.com and then upload photos, share news stories, stay in touch with friends… and much more.

The company was private until its IPO in May 2012. In the IPO, Facebook was hoping to raise $10.6 billion by selling 337 million shares priced between $28 and $35 per share. Several notable Facebook insiders were expected to sell many shares with the IPO. CEO Mark Zuckerberg sold 30.2 million shares which netted him $1.057 billion.

He will still owns over 500 million other shares that he will not sell in the IPO and that gave him a net worth of roughly $16 billion.

Click to comment

Leave a Reply

Your email address will not be published.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

Title

Title

LIFESTYLE9 hours ago

Jackson Wang Net Worth

Jackson Wang net worth: Jackson Wang is a Hong Kong rapper, singer, and danced who has a net worth of...

MOVIE2 months ago

The Cities With The Most Billionaires

Billionaires can live wherever they want – literally. But as it turns out, they tend to flock to the same...

LIFESTYLE3 months ago

George Clooney Net Worth

Wondering how much George Clooney is worth? Or maybe you’re curious about George Clooney’s salary this year? Fortunately for you,...

LIFESTYLE3 months ago

Traci Braxton Net Worth

Traci Braxton net worth: Traci Braxton is an American singer, songwriter, actress, and reality television personality who has a net...

LIFESTYLE3 months ago

Mariah Carey Net Worth

Wondering how much Mariah Carey is worth? Or maybe you’re curious about Mariah Carey’s salary this year? Fortunately for you,...

LIFESTYLE3 months ago

Jay-Z Net Worth

Wondering how much Jay-Z is worth? Or maybe you’re curious about Jay-Z’s salary this year? Fortunately for you, we’ve got...

LIFESTYLE3 months ago

Katy Perry’s Engagement Ring Worth Up To $5 Million

On Valentine’s Day earlier in February, Katy Perry and Orlando Bloom got engaged to be married. The day after that, Perry took to Instagram...

LIFESTYLE3 months ago

Robert Kiyosaki Net Worth

Robert Toru Kiyosaki is an American businessman and author from Hilo, Hawaii. Kiyosaki is the founder of Rich Global LLC...

MOVIE4 months ago

The 20 Richest TV-Hosts in the World 2019

Who are the richest TV-hosts in the world? Some of the most popular TV-hosts in the world is worth more...

MOVIE4 months ago

Diddy Earned His $855 Million Net Worth in 2018

Sean “Diddy” Combs is more than just a rapper. He’s a savvy businessman who has built his astounding fortune through...

Copyright ©2018 Lifestyleblogtv Media | Instrumentals. DJ Mixtapes. Celebrities. Lifestyles. Biographies. Net Worths