Facebook CEO Mark Zuckerberg made a whopping $3.3 billion last year by exercising stock options for his shares in the social-networking company he co-founded, according to new documents. The massive haul was revealed in regulatory documents filed Monday, the Associated Press reports. This after he made $2.3 billion from Facebook stock options in 2012, the year the company went public.
Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room. The windfall saddled Zuckerberg with a huge tax bill, even though he limited his Facebook salary to just $1, according to regulatory documents filed Monday. It marks the second straight year that Zuckerberg has realized a huge gain on the holding that he has accumulated in Facebook Inc. since he started the company in 2004. In 2012, Zuckerberg made $2.3 billion off his stock options.
TECHi weighs both sides before reaching a conclusion.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Xiaomi may be called the "Apple of China" because of how much it copies the company, but that doesn't mean…
US Defense Secretary Chuck Hagel has warned that the Pentagon's technological edge is eroding, and the development of new technologies…
