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.

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For anyone curious, the dividend is 0.0063$ 0.50 per single share (the other number was last year)

Compared to Microsoft, which is 75c per share, and stock is cheaper.

87b vs 123b operating revenue. And that's with a metric ton of money pumped directly into vr. FB can be run by cutting that labor in half. MS, not so much.