Posted by : Unknown Friday, 31 January 2014

Facebook CEO Mark Zuckerberg's pay package 


Facebook founder and chief operating officer Mark Zuckerberg's internet price has jumped by $3.1 billion to $29.7 billion when the social networking giant's shares surged on sturdy fourth quarter performance.

According to Wealth-X, a world wealth intelligence and prospecting company, Zuckerberg's internet price increased well when the corporate declared its 2013 fourth quarter earnings when market closes.

"Zuckerberg's internet price is calculated when accounting for shares publically and personal corporations, residential and fervour investments like art, planes and land, and is predicated on the foremost recent in public offered revealing of his shares and choices within the Menlo Park social network firm," a Wealth-X unharness same.

It additional that the "29 years recent Zuckerberg's current fortune equates to quite $1 billion for each year he has lived".

The company's shares surged twelve-tone system to $59.98 within the late commercialism on sturdy 2013 mobile ad revenues. Mobile ad sales rose to fifty three of revenues from forty ninth within the previous quarter.

According to the most recent quarterly report, the company's profits stood at $523 million, up $64 million from the year past amount. Revenue grew sixty three to $2.59 billion.

At present, the social networking web site has one.23 billion monthly active users and 757 million daily active users.

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