TIME Companies

Mark Zuckerberg Made a Killing on Facebook Stock Last Year

David Ramos—/Getty Images Facebook CEO Mark Zuckerberg delivers a speech in the Mobile World Congress in Barcelona on Feb. 24, 2014

The co-founder and CEO of the social network brought in $3.3 billion by exercising stock options in 2013, a year after he made $2.3 billion from selling shares. The company's stock has been on the rise over the last year thanks to stronger mobile ad sales

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. The initial public offering was notoriously troubled, but the stock has performed well recently, more than doubling in value in the last year on the strength of mobile-ad sales.

Zuckerberg still owns Facebook shares worth about $25.7 billion.


Tap to read full story

Your browser is out of date. Please update your browser at http://update.microsoft.com


Dear TIME Reader,

As a regular visitor to TIME.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The TIME Team