The genius of social networks Facebook, Instagram y Whatsapp will receive an annual amount of 700 million dollarsafter learning of a new dividend announced by the company Meta Platformsfrom which Mark Zuckerberg He is a founding partner.
During the presentation of the company’s results in 2023, it was learned that the fee it will receive is 50 cents per share, for class A and B Meta securities. By 2022, Zuckerberg had a stake of around 350 million of titles according to the records of the Securities and Exchange Commission (SEC).
In this way, starting in March and at the end of each quarter of the current year, the American programmer will have about 175 million dollars in his account.
If by the end of 2023, the network businessman’s fortune was valued at 106 billion dollars, and the magazine Forbes placed him in position number seven in the ranking of the richest businessmen in the world, with this new figure he will probably climb a few more positions.
What are the numbers that Meta handles?
The icon in the shape of infinite “M” known as Metawhich we usually see when entering Facebook, Instagram or Whatsapp, increased its profits by 200% in 2023 thanks to the skyrocketing price of its shares.
The parent company, which has its main source of income through the sale of ads to its marketers, had an advertising turnover of around $131 billion annually last year, 16% more compared to 2022.
In addition to the income, the company will have to bear labor expenses which, according to reports, will range between 94 billion and 99 billion dollars. It is due to investments in infrastructure and new hires, with a focus of the workforce towards higher cost technical roles.
Musk, Arnault, Bezos, Ellison and Buffett doubled their fortunes
In contrast to the good news, Reality Labs, the augmented and virtual reality division responsible for developing the metaverse, reduced its income by 12.2%, to 1,896 million dollars. These numbers are not at all optimistic given that the area that gave life to the devices Oculus Questhas been accumulating losses since 2022.
Last year the decrease was 16.1 billion dollars, which was added to the 12.6 billion of the previous period. “We expect operating losses to increase significantly year over year due to our augmented/virtual reality product development efforts and our investments to further expand our ecosystem,” the company said in a statement.
2024-02-03 11:52:05
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