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.