Recent statistics published by Facebook on the 27th of July 2016 showed that, the American Co-founder of social networking website Facebook Mark Zuckerberg has achieved an overwhelming success by earning more than $3 Billion in one hour. Making his net worth jumps from US$53.7 to $56.7 billion, ranking him as the 5th richest person in the world.

A new report has been published by Facebook on Wednesday clarifies how revenues of the second quarter of 2016 achieved a qualitative leap, therefor reaches $6.4 billion. Without neglecting the immense role of Facebook users; the number of monthly active Facebook users per month is more than 1.7 billion user. What a huge number!

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We can’t talk about revenue without mentioning Facebook Magic Wand: Advertising System. Do you have any idea about Facebook’s revenues from that system per month? In the most recently reported year, the social network generated 17.08 billion U.S. dollars in ad revenues, as stated on statista.

Facebook’s income from mobile advertising is about 84% of total revenue, compared with last year’s revenue by 76%.

sources: arabic.rt.com / stastista