Facebook’s Net Worth is estimated to be $1.477 trillion. Facebook is also known as Meta Platforms. There was a time when we used to send letters or postcards to know about our loved ones and to be in touch with them. The cost of calling was not that manageable in those days, and many couldn’t afford it.
Then came an online social networking site that completely changed the way of living. Yes, we are talking about Facebook here. Since its inception in 2004, Facebook has become one of the mightiest and biggest social networking sites. Must Check Infosys Net Worth.
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What is Meta Platforms Net Worth?
Facebook’s Net Worth is around $1.477 trillion (1477 Billion USD) As of 2024. Thanks to Facebook, we can now communicate with our loved ones from anywhere around the globe. With the help of Facebook, you can send messages to someone you know or someone you don’t too. This was created by Mark Zuckerberg and his colleagues, and very soon, Mark Zuckerberg became the youngest billionaire in the world.
The craze of Facebook is still growing exponentially and it is gaining more and more users worldwide. Now you can do various kinds of things like video calling your friends or family members, playing games with them, or promoting your business on Facebook too. This has completely changed the perception of human beings. Facebook owns various social networking sites and applications like WhatsApp and Instagram.
Facebook Net Worth
Net Worth 2024 | $1.477 trillion |
Net Worth in Rupees | Rs. 60 Lakh Crore |
Revenue | $156.227 Billion |
Operating income | $53.342 Billion |
Net Income | $55.540 Billion |
Total Assets | $256.408 Billion |
Total Equity | $124.795 billion |
PE Ratio December 2024 | 27.57 |
Owner | Mark Zuckerberg |
Number of Employees | 76,000 (Nov, 2022) |
Brands | Facebook, Instagram, Messenger, WhatsApp, Oculus VR |
Facebook’s net worth as of 2025, is $1477 billion. Facebook is one of the biggest and most successful social media platforms today. It has a massive number of users, and the number is increasing exponentially. Facebook is not alone, it owns Instagram as well as WhatsApp, the two giants of social media. Facebook has some troubles these days with its privacy policies. Many nations have shown discomfort, and Facebook is working hard to resolve all of that. You may also like Toor Lockbox Net Worth.
Meta Platforms Revenue (Facebook)
- Meta Platforms revenue for the quarter ending September 30, 2024 was $40.589 Billion.
- Meta Platforms revenue for the twelve months ending September 30, 2024 was $156.227 Billion.
- Meta Platforms annual revenue for 2023 was $134.902 Billion.
- Meta Platforms annual revenue for 2022 was$116.609 Billion.
- Facebook annual revenue for 2021 was$117.929 Billion.
- Facebook annual revenue for 2020 was$85.965 Billion.
- Facebook (Meta Platforms) annual revenue for 2019 was $70.697 Billion.
Year | Annual Revenue (Millions of US $) |
---|---|
2023 | $126,955 |
2022 | $116,609 |
2021 | $117,929 |
2020 | $85,965 |
2019 | $70,697 |
2018 | $55,838 |
2017 | $40,653 |
2016 | $27,638 |
2015 | $17,928 |
2014 | $12,466 |
2013 | $7,872 |
2012 | $5,089 |
2011 | $3,711 |
2010 | $1,974 |
2009 | $777 |
Facebook Net Income
- Meta Platforms net income for the quarter ending September 30, 2024 was $15.688 Billion.
- Meta Platforms net income for the twelve months ending September 30, 2024 was $55.540 Billion.
- Meta Platforms annual net income for 2023 was $39.098 Billion.
- Meta Platforms annual net income for 2022 was$23.2 Billion.
- Facebook (Meta Platforms) annual net income for 2021 was$39.37 Billion
- Facebook (Meta Platforms) annual net income for 2020 was$29.146 Billion
- Facebook (Meta Platforms) annual net income for 2019 was $18.485 Billion
Year | (Millions of US $) |
---|---|
2023 | $29,733 |
2022 | $23,200 |
2021 | $39,370 |
2020 | $29,146 |
2019 | $18,485 |
2018 | $22,111 |
2017 | $15,920 |
2016 | $10,188 |
2015 | $3,669 |
2014 | $2,925 |
2013 | $1,491 |
2012 | $32 |
2011 | $668 |
2010 | $372 |
2009 | $122 |
2008 | $-56 |
2007 | $-138 |
Inception
Facebook was introduced in 2004 by Mark Zuckerberg and Edward Saverin. They studied at Harvard University in those days and decided to do something new. They invested $1,000 each in the site, and later, in February 2004, Facebook was introduced. It was launched by Mark Zuckerberg, who holds most of the company’s shares. Earlier, Facebook was available at thefacebook.com.
They allowed persons above the age of 13 with a proper email ID. Facebook was able to showcase itself properly and that became the main reason for its success. It showed the world a different way of life, and Facebook has never stopped evolving. It kept changing with the course of time. Earlier, it was only meant for messaging and connecting with our loved ones, but very soon, Facebook became a place where you can live.
Facebook Organization Structure
Title | Executive |
---|---|
Chief Executive Officer (CEO) | Mark Zuckerberg |
Chief Operating Officer (COO) | Sheryl Sandberg |
Chief Financial Officer (CFO) | David Wehner |
Chief Technology Officer (CTO) | Mike Schroepfer |
Chief Product Officer (CPO) | Chris Cox |
Vice President of Reality Labs | Andrew Bosworth |
Vice President of Global Marketing | Carolyn Everson |
Vice President of Engineering | Jay Parikh |
Vice President of People | Lori Goler |
Vice President of Legal | Colin Stretch |
Vice President of Communications | Nick Clegg |
Facebook Assets
- Meta Platforms total assets for the quarter ending September 30, 2024 were $256.408 Billion.
- Meta Platforms total assets for 2023 were $229.623 Billion.
- Meta Platforms total assets for 2022 were $185.727 Billion.
- Meta Platforms total assets for 2021 were $165.987 Billion.
- Meta Platforms total assets for 2020 were $159.316 Billion.
- Meta Platforms total assets for 2019 were $133.376 Billion.
Year | Assets(Millions of US $) |
---|---|
2023 | $184,491 |
2022 | $178,894 |
2021 | $165,987 |
2020 | $159,316 |
2019 | $133,376 |
2018 | $97,334 |
2017 | $84,524 |
2016 | $64,961 |
2015 | $49,407 |
2014 | $39,966 |
2013 | $17,895 |
2012 | $15,103 |
2011 | $6,331 |
2010 | $2,990 |
2009 | $0 |
Evolution
As a startup Facebook was only limited to the people of Harvard University. Later it moved to various other Universities in America. As its popularity rose and it came into the news, Facebook became global in 2006. They allowed 13 or above 13 years old with a proper email ID.
Despite all the glory, Facebook has had some tough times too. For the growth of any startup, you need investment. Facebook lacked that in the early days, so Mark Zuckerberg shifted Facebook to Palo Alto, California. PayPal showed interest in Facebook and invested $12.7 million in it.
Later on, Microsoft purchased 1.6% of Facebook’s shares, and because of that, Facebook’s value increased to $15 billion. Nowadays, the advertisements we see on Facebook are made because of that purchase. Microsoft has the license to advertise its products on Facebook.
Facebook now has more users than any other social media platform. It has over 1 billion active users. Facebook has seen massive growth from 2008 to 2012, as the number of users increased from 100 million to more than 500 million. Very soon, Facebook became the hub for business, too. Many started promoting their business on Facebook.
Facebook keeps itself with time and never stops evolving. Nowadays, Facebook is doing various other things. Facebook is planning to launch a cryptocurrency of its own, and Facebook is doing some heavy work on artificial intelligence and augmented reality to improve itself more and more.
Product Divisions
Product | Vice President |
---|---|
Fidji Simo | |
Adam Mosseri | |
Will Cathcart | |
Messenger | David Marcus |
Corporate Function-Based Teams
Team | Vice President |
---|---|
Finance | David Wehner |
Legal | Colin Stretch |
Human Resources | Lori Goler |
Marketing | Carolyn Everson |
Public Policy | Nick Clegg |
Engineering | Jay Parikh |
Product | Chris Cox |
Reality Labs | Andrew Bosworth |
Awards and Achievements
Facebook has received plenty of awards and Appreciation over the course of time. Facebook is considered one of the biggest startups in history, and because of that, Mark Zuckerberg became the youngest billionaire. Meta Platforms was honored with the People’s Voice Awards in 2008 and it has also won Crunchie “Best Overall Startup or Product” three times [2008 – 2010].
FAQs
Facebook’s total net worth is around $1.477 trillion
Facebook was founded in February 2004 in Cambridge, Massachusetts, United States
Facebook founder’s name is Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz
Currently, Facebook’s CEO is Mark Zuckerberg (4 Feb 2004–)
Facebook revenue for the twelve months ending Sept 30, 2024 was $156.227 Billion.
Facebook’s PE ratio as of December 23, 2024, is 27.57.