Facebook owner Mark Zuckerberg slipped down by few billions as social media platform Facebook is not a hotspot for most of the top brands for advertisements.
Lets focus on commercial perspective
Facebook owned application is finally joining the cash club as Mark Zuckerberg is not really interested to miss any kind of revenue generation tool so has finally approaching a plan to generate billions of dollars annually which it had acquired for $22 billion back in 2014. Most used messenger app nearly has $1.6 billion users can reach out each other via instant messenger through text and voice message. Whats App is a messaging app for smartphones created in 2009 by two former Yahoo employees, Brian Acton and Jan Koum
Zuckerberg suspended the push to introduce ads to the popular messaging app partly because Facebook wanted to avoid antagonizing regulators, according to people familiar with the matter. Facebook also feared angering WhatsApp users who valued the app’s emphasis on privacy and who resisted the idea of having their accounts tied to Facebook.
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You will be surprised to know the names of business tycoons who owns $426 billion which is almost equal to the amount of money owned by 50% of the people living in this world. Yes it’s huge and it’s unusual but for them it’s normal. Moreover not only they are the highest earners but also share the highest amount of charity work
Here is the list of people you need to know
- $75b bill gates co-founder Microsoft in the mids 70’s
- $67b Amancio Ortega Opened the ZARA fashion shop in 1975
$60.8b Warren buffet Founded investment firm, birk shire, Hathaway
4.$50b Carlos slim helo major owner of telecom firm America Movil
5.$45.2b Jeff Bezos Founder and CEO of online retailer Amazon.com
6.$44.6b Mark Zuckerberg Founded facebook in 2004 while being a college
7.$43.6b Larry Ellison Co-founder of software firm Oracle
8.$40b Michael Bloomberg Created the eponymous financial information provider in 1981