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172

Zuckerberg to Get $700 Million a Year From Meta’s New Dividend (www.bloomberg.com)

submitted 9 months ago by [email protected] to c/[email protected]

33 comments fedilink hide all child comments

Zuckerberg to Get $700 Million a Year From Meta’s New Dividend::Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant’s first-ever dividend for investors.

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[–] [email protected] 68 points 9 months ago (3 children)

Money from nothing. That's one of the biggest reasons our system is so out off balance.

[–] [email protected] 28 points 9 months ago (1 children)

I mean... I hate capitalism as much as the next guy, but this isnt "money from nothing".... People bought or worked for shares....

The dividend money comes from worker exploitation, sure. But in order to get the dividend from those shares, you had to believe in the company and invest...

Disclaimer: i own no shares of meta and i dont have a facebook account

[–] [email protected] 2 points 9 months ago (3 children)

Do you own shares in any company?

[–] [email protected] 18 points 9 months ago (2 children)

I own shares in your mom.

[–] [email protected] 8 points 9 months ago (1 children)

She died in 2016. I've never really gotten over it.

[–] [email protected] 6 points 9 months ago (1 children)

https://youtu.be/ObdC3uhPeEY?si=pfM_vpFHXykW7zp7

(I'm sorry I couldn't resist)

[–] [email protected] 2 points 9 months ago

Here is an alternative Piped link(s):

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Piped is a privacy-respecting open-source alternative frontend to YouTube.

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[–] [email protected] 1 points 9 months ago

You can have her completely.

[–] [email protected] 1 points 9 months ago

Yes

[–] [email protected] 13 points 9 months ago

$700 million. A year. For one person.

That’s another of the biggest reasons our system is so out of balance.

[+] [email protected] -14 points 9 months ago* (last edited 9 months ago) (1 children)

It's not money for nothing. It's money for the risk you take when investing in a company. Why the hell would anyone invest into anything if there wasn't possibility to get something out of it?

[–] [email protected] 19 points 9 months ago (1 children)

You just described gambling.

[–] [email protected] 0 points 9 months ago (1 children)

It is basically gambling yeah. Especially when you're picking individual stocks instead of something like index funds. Bigger risk but also bigger plausible reward.

[–] [email protected] 1 points 9 months ago (1 children)

And you don't understand why building a society based on gambling is a bad idea?

[–] [email protected] 1 points 9 months ago

I don't even know what you're trying to say there. The discussion is about the risks and benefits of buying and selling stocks. If you don't want to take that risk then don't buy stocks. No one is forcing you. I don't get how "building a society based on gambling" is all of a sudden a stance I'm supposedly defending here now. That's a strawman.