Posted: Wednesday 2nd April 2014 at 20:31 pm

Meet The Guy Who Made $9.04m Per Day In 2013

b82fZuck 300x168 Meet The Guy Who Made $9.04m Per Day In 2013

A man once said “salary is for the poor; they don’t survive without it.” As much as what he said made little sense to me at the time, Facebook’s records made me think again.

Facebook Founder Mark Zuckerberg’s made $US3.3 billion in 2013, according to documents released by the company on Monday.

The chief executive who holds 426.3 million Facebook shares currently worth $US25.7 billion was paid $1 as salary last year.

Zuckerberg has no stock options remaining after exercising 60 million of them last year at a price of six cents per share. He then sold 41.35 million shares for $US55.05 apiece in December primarily to cover his taxes.

Gains posted for 2013 marks the second straight year that Zuckerberg has realised a huge gain from stock options. In 2012, he made $US2.3 billion off his stock options.

His $3.3 billion gains 2013 simply means the 29-year-old made $US275 million for every month in 2013, $63.4 million in each of the 52 weeks and $9.04 million a day.

With that kind of money, who cares if you are paid $1 a year?

=”left”>

Comments

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

+