The Facebook CEO reveals how he earned over $6 billion in one day.
Facebook CEO and billionaire Zuckerberg raked in $6 billion in just 24 hours last January.
In the history of finance, very few people have been able to earn more than a billion USD in a single day.
According to a report by the Vietnam News Agency (TTXVN), Zuckerberg earned $6 billion in just 24 hours last January, following the release of very positive figures in Facebook's earnings report. This income is equivalent to $250 million per hour, $4,166,667 per minute, and $69,444 per second.
The average annual income of a middle-class American family is approximately $53,657 according to the latest statistics, meaning that Zuckerberg earns 29% more in one second than the average American family earns in a year.
Even in today's "all or nothing" social climate, that's a huge number. And in the 50 minutes that the average Facebook user spends watching videos of pandas sneezing, or wondering why their friends seem to be having better vacations than them, Zuckerberg raked in over $200 million.
At least they could console themselves with the thought that perhaps Zuckerberg had vacations far more amazing than all of their friends' vacations combined.
What does a typical day of Zuckerberg's money-making activities look like?
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| The family of the Facebook owner. |
The alarm clock rang at 8 a.m., but Mark pressed the snooze button and slept for another 9 minutes because he had stayed up late talking to programmers the night before. During this brief nap, he earned $37.5 million. Afterward, he jogged for 20 minutes, earning $83 million, and while taking a shower, the Facebook CEO made an additional $21 million.
In the time he spent kissing and saying goodbye to his wife before heading to work, Zuckerberg earned approximately $100,000. Before lunchtime, he had already earned another $1 billion by participating in company meetings.
During lunchtime, Mark generated $125 million in revenue, not including the time spent driving home after work, which added another $42 million.
Finally, Zuckerberg read Moises Naim's "The End of Power" for 17 minutes before going to bed. In that amount of time, the Facebook CEO earned an additional $71 million, and the billionaire's day was over.
The fact that the Facebook CEO could earn $6 billion in a single day shows how successful Mark Zuckerberg and Facebook have been over the past year. Currently, Facebook has surpassed all the big social networks like LinkedIn and Twitter, both in stock price and market share. Specifically, Facebook's stock price has increased by 53% in the past year.
In December 2015, when the Zuckerberg family welcomed their third child, the Facebook CEO decided to invest 99% of the company's shares in areas that promote human development, such as healthcare, education, clean energy, connecting people, reducing poverty, fighting for equality, and sharing knowledge with everyone around the world.
However, this did not affect Mark Zuckerberg's power within Facebook's leadership. Specifically, in the first-quarter earnings report, the Facebook board of directors approved a proposal to create a class of non-voting shares (known as Class C shares) to ensure that Zuckerberg could maintain control of Facebook in the future.
This move ensures that, in the future, if Facebook uses the stock to reward or compensate employees or uses it for acquisitions, Zuckerberg's voting shares will never be "diluted."
Additionally, if Zuckerberg wants to donate or sell his shares to charity, he can also use Class C shares, thereby maintaining his voting rights in Facebook.
According to Dan Tri Newspaper
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