HOW FACEBOOK MARK ZUCKERBERG MADE 3.5 BILLION DOLLARS! AND YOU CAN TOO!

BY TECHNAIJAGAL

Yes you heard right Mark Zuckerberg made 3.5 billion dollars just last month. Well according to mashable:

November was a good month for Facebook and its CEO Mark Zuckerberg.

Facebook‘s stock shot up from $21.08 a share on the first day of trading in November to $28 a share at the end of the day Friday, its highest price since July. Zuckerberg, who owns about 504 million shares of Facebook stock, gained about $3.48 billion as a result.

When Facebook first went public at $38 a share in May, Zuckerberg’s shares were worth $19.1 billion. In the following months, the stock dropped to less than half that IPO price to $17.55 in late August, pushing Zuckerberg’s net worth down to $8.84 billion.

Since then, Facebook’s stock has recovered in fits and starts and so has Zuckerberg’s wealth. November proved to be by far the most robust growth month for the stock to date, thanks to two big factors. First, the company had a strong earnings report in late October, which showed that Facebook was making progress in monetizing mobile. Secondly, the second and largest lockup period for stocks held by employees finally expired in the middle of November, which was something investors had been dreading for months and arguably held down the stock price.

As of Friday, Zuckerberg’s net worth was $14.1 billion and will likely only continue to grow in December.

farir enough lets break down how this really happened shall we?

HE STARTED HIS OWN COMPANY. HE OWNS MAJORITY OF THE SHARES! Sorry if I am shouting here, but could it just be that yes he made all that money but is it actually spending money? Well some might argue that it is infact spending money. He can use it to buy property. Lets not forget the era of the dotcom excess in the 90s. Almost anyone who had a dotcom idea became an instant millionaire. But today the same millionaires can be found hanging out in San Francisco simply reminiscing about whtat  was or could have been.

Secondly the lock up expired. What does that mean? Simple a time in which the employees cannot for the lack of a better word sell their shares right after the IPO (initial public offering period) well it has expired. Which then means  employees are free to sell their shares and for some reason or the other investors are happier now they know what do expect moving ahead.

Here is a tip to  building your own success story. Get a job at facebook, perhaps you might just be one of those lucky employees. Or better still start a company and get noticed by facebook, they are seriously in an acquisiton mode if your company has the hacker mentality or can get mobile income going! Or what do you say??