Facebook Net Worth: $73.5 Billion Dollars (Brand Value)



Facebook brand value

Facebook Inc. Is a social networking brand and company developed to enable to connection of people worldwide. It basically allows friends from different parts of the world to interact and reach each other.

Facebook allows photos to be uploaded on users' timeline, makes it easy to block unwanted communications, enables video sharing and streaming, private messages and group messages.

The brand also makes it possible for other brands like itself to create pages and manage them. Facebook Inc owns Facebook, Instagram, WhatsApp, Oculus and Messenger. It has a brand value of $73.5 billion dollars.

Founded by Mark Elliot Zuckerberg, Eduardo P. Saverin, Chris R. Hughes, Dustin Moskovitz and Andrew McCollum, it earns from advertising as it's basic source.

Users, owners of pages and clients pay heavily and in bits to put adds on the brand which could reach millions of potential clients.

February 2012, Facebook Inc organized its IPO (Initial Public Offering), afterwards in three months, it started selling out stock publicly and hit a market cap of $104 billion dollars.

Facebook Inc on July 13 2015 emerged the fastest company to hit a market capitalization of $250 billion dollars in the Standard and Poor's 500 Index.

Its social network, Facebook became the most popular social network in the world as of April 2016.



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