Wealth and Rich List
Meta Net Worth 2024
what is Meta net worth?
| Trade name | Meta |
|---|---|
| Other names | The metaverse |
| Formerly | TheFacebook, Inc. (2004), Facebook, Inc. (2005–2021) |
| Type | Public |
| Traded as | Nasdaq: FB (Class A)Nasdaq-100 componentS&P 100 componentS&P 500 component |
| Industry | Social mediaSocial network advertising, Consumer electronics |
| Founded | January 4, 2004; in Cambridge, Massachusetts, U.S. |
| Founders | Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes |
| Headquarters | Menlo Park, California, U.S. |
| Area served | Worldwide (except blocked countries) |
| Key people | Mark Zuckerberg (CEO)Sheryl Sandberg (COO)David Wehner (CFO)Mike Schroepfer (CTO)Chris Cox (CPO) |
| Brands | Facebook, Instagram, Messenger, WhatsApp, Oculus, Mapillary, Workplace, Portal, Diem |
What is Meta net worth?
Meta net worth 2024 is reported at $545 billion. Meta Platforms, Inc., doing business as Meta and formerly known as Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California.
Meta Profile
The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta is one of the world’s most valuable companies. It is one of the Big Five American information technology companies, alongside Google, Amazon, Apple, and Microsoft.
Meta’s key management consists of:
- Mark Zuckerberg, chairman and chief executive officer
- Sheryl Sandberg, Chief Operating Officer
- Mike Schroepfer, Chief Technology Officer
- David Wehner, Chief Financial Officer
- Chris Cox, Chief Product Officer
How Does Facebook Make money?
Meta products and services include Facebook, Messenger, Facebook Watch, and Facebook Portal. It has also acquired Oculus, Giphy, and Mapillary, and has a 9.99% stake in Jio Platforms. The company generates a substantial share of its revenue from the sale of advertisement placements to marketers.
Meta net worth is $546 billion
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Facebook ranked No. 34 in the 2020 Fortune 500 list of the largest United States corporations by revenue, with almost $86 billion in revenue.
Most comes from advertising. One analysis of 2017 data determined that the company earned US$20.21 per user from advertising.
What does the new Meta mean?
In October 2021, Facebook announced that they were rebranding.
Just a few weeks later, Zuckerberg then announced Facebook’s new name would be “Meta,” inspired by the Greek word meaning “beyond” and their plan to created a next-gen “metaverse” internet.
Meta net worth is $546 billion
How much does Meta earn per year?
According to Microtrends, Meta Platforms revenue for the twelve months ending December 31, 2022 was $116.609B, a 1.12% decline year-over-year. Meta Platforms annual revenue for 2022 was $116.609B, a 1.12% decline from 2021. Meta Platforms annual revenue for 2021 was $117.929B, a 37.18% increase from 2020.
How much is Meta fb worth?
As of March 2024 Meta (Facebook) has a market cap of $562.19 Billion. This makes Meta (Facebook) the world’s 8th most valuable company by market cap according to our data.
Who is the owner of Meta?
Mark Zuckerberg is the founder, chairman and CEO of Meta, which he originally founded as Facebook in 2004. Mark is responsible for setting the overall direction and product strategy for the company.
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What is Mark Zuckerberg salary?
According to TheGuardian, The tech mogul’s salary is just $1 a year – but his earnings are far more. Zuckerberg ranks as the 16th richest person in the world on the Forbes billionaire list due to his shareholdings in Meta. In 2021 he received compensation from the company worth $27m
Who is the head of Meta Africa?
Alex Masu heads up the Africa and Middle East Network Investments team for Meta, which is responsible for driving infrastructure investment for subsea cables, terrestrial fibre and the enablement of carrier-neutral colocation sites
