Facebook Net Worth 2022, (Meta Platforms) | Revenue Assets
This page contains information about Facebook’s net worth, history, assets, income, liabilities, net income, total employees, and many other topics. In 2022, Facebook’s net worth is $538 billion. Meta Platforms is another name for Facebook. We used to send letters or postcards to keep in touch with our loved ones. The cost of calling was prohibitively expensive back then, and many people could not afford it.
Then came an online social networking site that completely altered people’s lifestyles. Yes, we are referring to Facebook. Since its inception in 2004, Facebook has grown to become one of the most powerful and largest social networking sites on the internet.
The Value of Meta Platforms
We can now communicate with our loved ones from anywhere in the world, thanks to Facebook. You can send messages to people you know or people you don’t know using Facebook. This was created by Mark Zuckerberg and his colleagues, and Mark Zuckerberg soon became the world’s youngest billionaire.
Facebook’s popularity is still growing at an exponential rate, and it is gaining users from all over the world. You can now do things like video call your friends or family members, play games with them, or promote your business on Facebook. This has completely altered people’s perceptions of themselves. Facebook now owns a number of other social networking sites and applications, including WhatsApp and Instagram.
Facebook Net Worth
|Net Worth 2022||$538 Billion|
|Net Worth in Rupees||Rs. 41 Lakh Crore|
|Revenue||US$$119.66 billion (2022)|
|Operating income||US$43.90 billion (2022)|
|Net Income||US$37.38 billion (2022)|
|Total Assets||US$164.22 billion (2022)|
|Total Equity||US$123.228 billion (2022)|
|PE Ratio 2022||14.64|
|Number of Employees||52,535 (June 30, 2020)|
|Brands||Facebook, Instagram, Messenger, WhatsApp, Oculus VR|
- The net income of Facebook (Meta Platforms) for the fiscal quarter ending March 31, 2022 was $7.465 billion.
- For the fiscal year ending March 31, 2022, Facebook’s (Meta Platforms) net income was $37.338 Billion.
- The annual net income of Facebook (Meta Platforms) for 2021 was $39.37 billion.
- The annual net income of Facebook (Meta Platforms) for 2020 was $29.146 billion.
- For 2019, Facebook’s (Meta Platforms) annual net income was $18.485 billion.
|Year||(Millions of US $)|
Mark Zuckerberg and Edward Saverin launched Facebook in 2004. They were at Harvard University at the time and decided to try something new. They each put $1,000 into the site, and it was launched in February 2004. Mark Zuckerberg founded it, and he owns the majority of its stock. Previously, Facebook could be accessed via thefacebook.com.
They allowed people over the age of 13 with a valid email address to sign up. Facebook was able to properly showcase itself, which was one of the main reasons for its success. It demonstrated a new way of life to the world, and Facebook has never stopped evolving. It was constantly changing over time. Originally intended only for messaging and connecting with loved ones, Facebook quickly evolved into a place where you could live.
Assets on Facebook
|Year||Assets (Millions of US $)|
As a startup, Facebook was only available to Harvard University students. Later, it was transferred to various other American universities. As its popularity grew and it became more widely known, Facebook went global in 2006. They allowed 13-year-olds or older with a valid email address.
Despite its success, Facebook has experienced some setbacks. Investment is required for the growth of any startup. Because Facebook lacked that in its early days, Mark Zuckerberg relocated the company to Palo Alto, California. PayPal expressed interest in Facebook and invested $12.7 million in the company.
Later on, Microsoft purchased 1.6 percent of Facebook, causing the company’s value to rise to $15 billion. Because of that purchase, we now see advertisements on Facebook. Microsoft has obtained permission to advertise its products on Facebook.
Facebook now has the most users of any social media platform. It has more than one billion active users. From 2008 to 2012, Facebook experienced massive growth, with the number of users increasing from 100 million to more than 500 million. Facebook quickly became a business hub as well. Many people began to promote their businesses on Facebook.
Facebook evolves with the passage of time. Nowadays, Facebook is doing a variety of other things, including planning to launch its own cryptocurrency and working hard on artificial intelligence and augmented reality to improve itself even further.
Also Check: Mark Zuckerberg Net Worth
Revenue from Meta Platforms (Facebook)
- For the fiscal quarter ending March 31, 2022, Facebook’s revenue was $27.908 billion.
- For the fiscal year ending March 31, 2022, Facebook’s revenue was $119.666 billion.
- In 2021, Facebook’s annual revenue was $117.929 billion.
- In 2020, Facebook’s annual revenue was $85.965 billion.
- The annual revenue of Facebook (Meta Platforms) in 2019 was $70.697 billion.
|Year||Annual Revenue (Millions of US $)|
Awards and Recognition
Facebook has won numerous awards and accolades over the years. Facebook is regarded as one of the most successful startups in history, and as a result, Mark Zuckerberg is the world’s youngest billionaire. Facebook received the People’s Voice Awards in 2008, and it also won the Crunchie Award for “Best Overall Startup or Product” three times [2008–2010].
Conclusion | Facebook Net Worth Overview
Since its inception in 2004, Facebook has become an integral part of our lives. We used to spend hours on it talking with our friends and family. Facebook has completely altered the way people communicate. It has also included a number of other features that are very useful in everyday life. Facebook grew in popularity after the release of Android. We sincerely appreciate their efforts, and what they have accomplished is truly remarkable.
Facebook’s net worth is $538 billion in 2022. Facebook is currently one of the most popular and successful social media platforms. It has a massive user base that is rapidly expanding. Facebook is worth an estimated $538 billion. Facebook isn’t alone; it also owns Instagram and WhatsApp, two social media behemoths. Facebook is having some issues with its privacy policies these days. Many countries have expressed concern, and Facebook is working hard to address this.