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Facebook Growth Earned Mark Zuckerberg $6 Billion in 2016

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Mark Zuckerberg Finally Admits Facebook Is a Media Company

Mark Zuckerberg Finally Admits Facebook Is a Media Company

– It was a small step, perhaps, but still a noteworthy one.After months of denying that Facebook is a media company, Mark Zuckerberg admitted in a recent one-on-one interview with his COO, Sheryl Sandberg, that the social network actually is a media company—although not a traditional one.For years, Zuckerberg has argued that Facebook is just a simple technology platform, one that distributes content created by others, using an impersonal and objective algorithm.
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Facebook Growth Earned Mark Zuckerberg $6 Billion in 2016

Facebook Growth Earned Mark Zuckerberg $6 Billion in 2016

– This article originally appeared on The Motley Fool.If Mark Zuckerberg wasn’t planning to give away 99 percent of his family’s Facebook facebook/” target=”_blank”>shares before he dies, I bet he’d be a trillionaire at some point in his life.For now, though, he’ll have to settle for a net worth of $51.7 billion, according to Bloomberg’s Billionaire Index.
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