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Facebook's Mark Zuckerberg now wealthier than Google co-founders

New Delhi: After a momentary dip in Q1 2014, Facebook reported a stellar quarter in the second quarter which has made it more valued than Coca Cola or AT&T. This is also the most successful

India TV News Desk [ Updated: July 28, 2014 7:16 IST ]
facebook s mark zuckerberg now wealthier than google co
facebook s mark zuckerberg now wealthier than google co founders

New Delhi: After a momentary dip in Q1 2014, Facebook reported a stellar quarter in the second quarter which has made it more valued than Coca Cola or AT&T. This is also the most successful quarter of the company till date, drawing more than $2.9 billion in revenue and growing to more than 1.3 billion users around the world.


The company's second quarter report revealed a 61 percent increase in revenue to $3.2 billion; an increase of $800 million from last year. But it is the company's gross margin – the difference between revenue and costs - which has truly impressed analysts with an increase of 147 percent to $1.4 billion.

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