Sources close to Facebook have revealed a sneak peak at the company’s finances.
The social network’s profits have doubled in one year, and are now likely to be a full billion dollars this year.
That figure is double the reported figure for last year.
The company reportedly made $714 million profit in the first three quarters of this year, on revenue of $2.5 billion.
It is expected to clear the billion mark in the last quarter.
Mark Zuckerberg reportedly owns 24 per cent of the shares in the company, according to the figures obtained by Gawker.
The Wall Street Journal recently valued the company at $100 billion – putting Zuckerberg’s personal stake at $24 billion.
GWOP MAGAZINE 