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The Guardian - UK

Technology

Mark Sweney

Mark Zuckerberg to receive $700m from Meta dividends

Mark Zuckerberg Meta Facebook

Mark Zuckerberg at a Senate judiciary committee hearing at the US Capitol in Washington DC — Mark Zuckerberg at a Senate judiciary committee hearing at the US Capitol in Washington DC. Photograph: Bonnie Cash/UPI/REX/Shutterstock

Mark Zuckerberg, the chief executive of Meta, the parent company of Facebook, Instagram and WhatsApp, is expected to receive $700m (£549m) a year in dividends.

On Thursday, Meta announced it would pay its first-ever quarterly dividend to investors since Facebook floated on the stock market in 2012, after beating Wall Street expectations with $40bn in revenues for the final quarter last year.

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