Zuckerberg to Get $700 Million a Year From Meta’s New Dividend

L4sBot@lemmy.worldmod to Technology@lemmy.world – 170 points –
Zuckerberg to Get $700 Million a Year From Meta’s New Dividend
bloomberg.com

Zuckerberg to Get $700 Million a Year From Meta’s New Dividend::Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant’s first-ever dividend for investors.

26

You are viewing a single comment

I mean... I hate capitalism as much as the next guy, but this isnt "money from nothing".... People bought or worked for shares....

The dividend money comes from worker exploitation, sure. But in order to get the dividend from those shares, you had to believe in the company and invest...

Disclaimer: i own no shares of meta and i dont have a facebook account

12 more...