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Facebook Net Worth

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Facebook is an incredibly successful social networking technology company founded by Mark Zuckerberg in 2004. It has since grown to have over 900 million members and a market cap and net worth of $527 billion. It is a testament to the power of technology and the potential of social media to create a successful business.
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Age, Biography and Wiki

Net Worth:	$528 Billion
Last Updated:	2020

💰 Net worth: $528 Billion (2024)

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.

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Some Facebook images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.