5 Billionaires Behind Facebook

AAA

Billionaires Behind Facebook

Facebook has revolutionized social media. Founded in a Harvard dorm room in 2004, eight years later Facebook has around 901 million active users, 526 million daily users, is available in over 70 languages and about 300 million photos are uploaded to the site each day, according to Facebook.com. As a result, Facebook has transformed into an advertiser's dream and a real money-making machine. Facebook's SEC filings indicate, in 2011, Facebook's net income was roughly $1 billion on revenue of over $3.7 billion dollars. Yahoo!, which was founded in 1994, also had net income of just over $1 billion dollars in 2011 with revenues close to $5 billion. As a result of the social media giant's success, Facebook has turned many into some of the wealthiest individuals on earth. Here are a few of the billion-dollar faces behind Facebook.

You May Also Like

Related Articles
  1. Professionals

    Top Places to Work for Financial Advisors

  2. Entrepreneurship

    Why did Howard Schultz leave Starbucks, only to return eight years later?

  3. Entrepreneurship

    How did Larry Page amass his wealth?

  4. Professionals

    What is Tim Cook's managerial style?

  5. Investing

    What is Tim Cook's career and educational background?

  6. Investing

    What has Larry Page's involvement in Google been?

  7. Investing

    Why did Larry Page pay himself a salary of only $1 a year at Google?

Trading Center