Mark Zuckerberg Is Making More Money Than Ever


From the rise of ‘Fake News’ to the Cambridge Analytica scandal, it’s been a grizzly 12 months for Facebook and Mark Zuckerbergculminating in two congressional hearings and a mass, #DeleteFacebook-inspired exodus from the social media platform.

Which is why it comes as such a surprise that the under-fire company is making more money than ever.

Facebook revealed in its quarterly financial earnings that revenue has grown to 11.9 billion dollars for the first three months of 2018, a 49% increase on the same period last year.

The net incomes rose by three billion dollars to 4.9 billion for the quarter, fuelled by mobile advert revenue, which made up 91% of the total.

In the statement, Mark Zuckerberg acknowledged the challenges the company had faced in the press.

“Despite facing important challenges, our community and business are off to a strong start in 2018,” he said.

“We are taking a broader view of our responsibility and investing to make sure our services are used for good."

This story originally appeared on

* Minor edits have been made by the editors.

More Videos You Can Watch
About The Author
Nick Pope
View Other Articles From Nick
Latest Feed
Load More Articles
Connect With Us