Facebook Net Worth 2023: (Meta Platforms) Revenue Assets

Facebook Net Worth, History, Resources, Pay, Liabilities, Overall gain, Complete Representatives, and a lot more subtleties can be checked from this page. Facebook's Total assets are $815 Billion out of 2023. Facebook is otherwise called Meta Stages. In the past, we used to send letters or postcards to be aware of our friends and family and to be in contact with them. The expense of calling was not that sensible those days and many couldn't manage the cost of it.

Then, at that point, came a web-based long-range informal communication website that totally altered the approach to everyday life. Indeed, we are discussing Facebook here. Since its commencement in 2004, Facebook has become one of the mightiest and greatest person-to-person communication locales. Likewise, check Apple Total assets and Google Total assets.

Meta Platforms Net Worth

  It's all because of Facebook that we can now speak with our friends and family from any place all over the planet. With the assistance of Facebook, you can send messages to somebody you know or somebody you don't as well. This was made by Imprint Zuckerberg and his associates and before long Imprint Zuckerberg turned into the most youthful extremely rich person of the world.

The frenzy of Facebook is as yet developing dramatically and it is acquiring and more clients from one side of the planet to the other. Presently you can do different sorts of things like, you might video at any point call your companions or relatives, you can mess around with them, or you can advance your business on Facebook as well. This has totally changed the view of individuals. These days Facebook claims different other long range informal communication destinations and applications like WhatsApp, Instagram.

Facebook Net Worth

Net Worth 2023 $815 Billion

Net Worth in Rupees Rs. 60 Lakh Crore

Revenue $120.523 Billion

Operating income $28.681 Billion

Net Income $22.545 Billion

Total Assets $206.688 Billion

Total Equity $124.795 billion

PE Ratio August 2023 30.12

Owner Mark Zuckerberg

Number of Employees 76,000 (Nov 2022)

Brands Facebook, Instagram, Messenger, WhatsApp, Oculus VR

Facebook’s net worth as of 2023, is $815 Billion. Facebook is one of the biggest and most successful social media platforms today. It has a massive number of users and they are increasing exponentially. Facebook has an estimated net worth of $815 billion. Facebook is not alone, it owns Instagram as well as WhatsApp, the two giants of social media. Facebook has some troubles these days with its privacy policies. Many nations have shown discomfort and Facebook is working hard to resolve all that.

Facebook Net Worth 2023 (Meta Platforms) Revenue Assets

Meta Platforms Revenue (Facebook)

Meta Platform revenue for the quarter ending June 30, 2023, was $31.999 Billion.

Meta Platforms revenue for the twelve months ending June 30, 2023 was $120.523 Billion.

Meta Platforms annual revenue for 2022 was $116.609 Billion.

Facebook's annual revenue for 2021 was $117.929 Billion.

Facebook's annual revenue for 2020 was $85.965 Billion.

Facebook (Meta Platforms) annual revenue for 2019 was $70.697 Billion.

Year Annual Revenue (Millions of US $)

2023 $120,523

2022 $116,609

2021 $117,929

2020 $85,965

2019 $70,697

2018 $55,838

2017 $40,653

2016 $27,638

2015 $17,928

2014 $12,466

2013 $7,872

2012 $5,089

2011 $3,711

2010 $1,974

2009 $777

Facebook Net Income

Meta Platform's net income for the quarter ending June 30, 2023, was $7.788 Billion.

Meta Platform's net income for the twelve months ending June 30, 2023, was $22.545 Billion.

Meta Platform's annual net income for 2022 was $23.2 Billion.

Facebook (Meta Platforms) annual net income for 2021 was $39.37 Billion

Facebook (Meta Platforms) annual net income for 2020 was $29.146 Billion

Facebook (Meta Platforms) annual net income for 2019 was $18.485 Billion

Year (Millions of US $)

2023 $22,545

2022 $23,200

2021 $39,370

2020 $29,146

2019 $18,485

2018 $22,111

2017 $15,920

2016 $10,188

2015 $3,669

2014 $2,925

2013 $1,491

2012 $32

2011 $668

2010 $372

2009 $122

2008 $-56

2007 $-138

Facebook Net Worth 2023 (Meta Platforms) Revenue Assets

Inception

Facebook was introduced way back in 2004 by Mark Zuckerberg and Edward Saverin. They were studying at Harvard University those days and they decided to do something new. They invested $1,000 each in the site and later, in February 2004 Facebook was introduced. It was launched by Mark Zuckerberg and he holds most of its shares. Earlier Facebook was available at thefacebook.com.

They allowed persons above the age of 13 with a proper email id. Facebook was able to showcase itself properly and that became the main reason for its success. It showed the world a different way of life and Facebook never stopped evolving. It kept changing with the course of time. Earlier it was only meant for messaging and connecting with our loved ones, but very soon Facebook became a place where you can live.

Facebook Assets

Meta Platform's total assets for the quarter ending June 30, 2023 were $206.688 Billion

Meta Platforms total assets for 2021 were $165.987 Billion

Meta Platforms total assets for 2020 were $159.316 Billion

Meta Platform's total assets for 2019 were $133.376 Billion

Year Assets (Millions of US $)

2023 $184,491

2022 $178,894

2021 $165,987

2020 $159,316

2019 $133,376

2018 $97,334

2017 $84,524

2016 $64,961

2015 $49,407

2014 $39,966

2013 $17,895

2012 $15,103

2011 $6,331

2010 $2,990

2009 $0

Evolution

As a startup Facebook was only limited to the people of Harvard University. Later it moved to various other Universities in America. As its popularity was rising and it was coming into the news Facebook became global in 2006. They allowed 13 or above 13 years old with a proper email ID.

Despite all the glory, Facebook has had some tough times too. For the growth of any startup, you need investment. Facebook was lacking that in the early days, so Mark Zuckerberg shifted Facebook to Palo Alto, California. PayPal showed interest in Facebook and invested $12.7 million in it.

Facebook Net Worth 2023 (Meta Platforms) Revenue Assets

Later on, Microsoft purchased 1.6% shares of Facebook, and because of that the value of Facebook increased to $15 billion. Nowadays the advertisements we see in Facebook is because of that purchase. Microsoft has the license to advertise its products on Facebook.

Facebook has now the most no of users than any other social media platform. It has over 1 billion active users. Facebook has seen massive growth during the 2008 to 2012 period, as the no of users increased from 100 million to more than 500 million. Very soon Facebook became the hub for business too. Many started promoting their business on Facebook.

Facebook keeps itself with time and never stops evolving. Nowadays Facebook is doing various other things, Facebook is planning to launch a cryptocurrency of its own, and Facebook is doing some heavy work on artificial intelligence and augmented reality to improve itself more and more.

Awards and Achievements

Facebook has received plenty of awards and accolades over the course of time. Facebook is considered as one of the biggest startups in history and because of that Mark Zuckerberg became the youngest billionaire. Facebook was honored with the People’s Voice Awards in 2008 and it has also won Crunchie “Best Overall Startup or Product” three times [2008 – 2010].

Facebook Net Worth 2023 (Meta Platforms) Revenue Assets

Conclusion

Since the inception of Facebook in 2004, it has become a part of our lives. We used to spend hours and hours on it talking with our loved ones. Facebook has completely changed the way of communication. It has also provided various other features which are quite handy in day-to-day life. After the introduction of Android, Facebook became even more popular. We really appreciate their work and what they have achieved is quite phenomenal.

Frequently Asked Questions

What is the net worth of Facebook?

Facebook’s total net worth is around $815 Billion

When Facebook is Founded?

Facebook was founded in February 2004 in Cambridge, Massachusetts, United States

Who are the founders of Facebook?

Facebook‘s founders are Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz

Who is the CEO of Facebook?

Currently, Facebook’s CEO is Mark Zuckerberg (4 Feb 2004–)

How much is the annual income of Facebook?

Facebook revenue for the twelve months ending June 30, 2023, was $120.523 Billion

What is the PE Ratio of Facebook?

Facebook PE ratio as of August 08, 2023, is 30.12.

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