Facebook needs no introduction; whether it is the youngster or the elderly, everybody today has a Facebook account.
When it comes to social networking, Facebook is king. Looking at the real figure, the net worth of Facebook in 2022 is $561 Billion. Facebook is called Meta Platforms. Earlier we used to be in touch with our friends and loved ones by sending letters and postcards to them. The cost of calling wasn’t manageable earlier and many people couldn’t afford them.
Soon came the online social networking website that changed our way of living completely. Since 2004, Facebook became the biggest and mightiest social networking website.
Facebook today is the world’s highest and most popular social networking site that was launched in 2004 by Mark Zuckerberg when he was a student of Harvard University. TheFacebook, as known before, was intended to serve the digitised version of ‘face books’ that were held by Harvard’s colleges, and were paper directories having personal information and images about the students.
The Facebook craze still is growing exponentially and is gaining plenty of users across the world. Today we are going to reveal how much Facebook earns per day. Hence, let us get started from our very basic question.
How Much Facebook Earn Per Day?
Every day, Facebook makes over $236million as per their 2020 revenue. This platform has more than 2.89 billion monthly active users & earns the majority of the income from advertising.
Facebook agreed to pay $19.6 billion in 2014 for Whatsapp instant messaging service that was outstripping Facebook growth in different areas and was also viewed as an app killer.
Hence, increasing this grip on the mobile users, Facebook acquired Instagram for over $1billion, it is a shocking amount at a time for the business with only 13 employees. This turned out as a terrific investment & now Facebook owns 4 of the highly downloaded applications of the last decade.
- In 2020, Facebook generated over $85.9 billion of revenue and $60 billion came from Facebook apps.
- Around $40.5 billion Facebook’s revenue gets generated in the US and Canada, despite just 10% of the users being based in that area.
- Facebook had an operating profit of over $32.6 billion in 2020.
- Till now Facebook is downloaded more than 5 billion times.
What’s Zuckerberg’s Net Worth?
Mark Zuckerberg’s net worth is $97 billion as of 2021, he has a Facebook ownership total stake of $138 billion and further assets are estimated to be $228 billion.
I hope it is clear now how much Facebook earns per day.
Facebook inc. earns money by selling their advertisements to various businesses. Facebook Advertisement Platforms are Messenger, Instagram, and various other websites & mobile apps of leading social networking websites.