Categories: Business

Mark Zuckerberg made $3.3 billion on Facebook stock in 2013

Mark Zuckerberg earned $3.3 billion on the sale of his Facebook share options in 2013, a new regulatory filing has revealed.

The Facebook founder has now exhausted his supply of stock options as a result of the social networking’s public offering.

Mark Zuckerberg earned $3.3 billion on the sale of his Facebook share options in 2013

Mark Zuckerberg was given 60 million shares to help him with his tax bill.

His base salary for 2013 fell to $1, like other tech leaders such as Google’s Larry Page and former Apple boss Steve Jobs.

However, Mark Zuckerberg’s total compensation for 2013 was $653,165, down from $1.99 million in 2012.

Facebook said the majority of that was to pay for flights on private jets, which are seen as necessary for security reasons.

Mark Zuckerberg still owns 426.3 million Facebook shares, which are worth around $25.7 billion.

Facebook shares have more than doubled in value over the past year, as the social networking has reported better than expected earnings due to its strong mobile ad sales.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago