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.

Instead of Feeding Starving Children we should give HIM our Tax Dollars!