Mark Zuckerberg is the largest shareholder in the company. Zuckerberg retains ownership and control of the company. Like Google, Facebook has issued two common stocks, Class A and Class B. The holders of Class B common stocks are entitled to ten votes per share, and holders of our Class A common stocks are entitled to one vote per share. Mark Zuckerberg has a voting power of 56.9%; he’s the primary decision-maker. Other individual investors comprise Sheryl Sandberg, Christopher Cox, Marc Andreessen, Peter Thiel, Dustin Moskovitz, and Eduardo Saverin.
Who is Christopher Cox?
An American lawyer and former U.S. Securities and Exchange Commission Chairman, a 17-year Republican United States House of Representatives member. Christopher Cox is an attorney, teacher, and entrepreneur.
Who is Sheryl Sandberg?
Sheryl Sandberg is an American businesswoman. She served as the chief operating officer of Facebook from 2008 until she stepped down in 2022.
In June 2012, she was also elected to the board of directors by the existing board members, becoming the first woman to serve on its board.
Before Facebook, Sandberg was Google’s Vice President of Global Online Sales and Operations.
Who is Eduardo Saverin?
Eduardo Saverin is a Brazilian internet entrepreneur and investor. Saverin is one of five co-founders of Facebook (with Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Andrew McCollum).
Who is Peter Thiel?
Peter Thiel is a German-born American entrepreneur, venture capitalist, and hedge fund manager. Thiel co-founded PayPal with Max Levchin and served as its CEO.
Who is Marc Andreessen?
Marc Andreessen is an American entrepreneur, investor, software engineer, and multi-millionaire. He is best known as the co-author of Mosaic, the first widely used Web browser; as co-founder of Netscape Communications Corporation; and as co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz.
How Does Facebook Business Model Work?
Facebook is based on the advertising business model.
Even though there are several sources of income, most of the revenue comes from ads:
How Does Facebook Make Money?
Facebook makes most of its money from advertising:
1. Advertising (over 97.4% of revenues): it consists of displaying ad products on Facebook, Instagram, Messenger, and third-party.
2. Reality Labs: now consisting of all the development of products for the Metaverse. Here it includes Oculus, now rebranded as Meta Quest.
Read Also: Facebook Hidden Revenue Business Model Explained.
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