this post was submitted on 02 Feb 2024
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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] 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):

https://piped.video/ObdC3uhPeEY?si=pfM_vpFHXykW7zp7

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

I'm open-source; check me out at GitHub.

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

You can have her completely.