Zuckerberg gets $750 million cash per year from Meta’s first-ever dividend
Last updated: February 2nd, 2024 at 10:25 UTC+01:00
Meta (Facebook) co-founder and CEO Mark Zuckerberg ranks as the world's fifth richest person with a net worth of over $140 billion. He's not sitting on $140 billion in cold, hard cash. His 13% stake in Meta accounts for the vast majority of his net worth, but that stake will soon get him over $750 million in cash per year.
His company announced the first-ever cash dividend in its history during yesterday's earnings call. Meta has never paid a dividend before but it…