From Fortune:

CEO Mark Zuckerberg is expected to receive a $700 million dividend payout from Meta. The company’s CFO confirmed this decision, reflecting Meta’s move to return capital to shareholders while maintaining investment in the company. Despite the positive direction, it remains to be seen whether Zuckerberg’s fortune will continue growing due to the company’s strong share price and positive stock market performance. Despite challenges from other social media apps like TikTok, Meta continues to maintain strong user numbers and is authorizing further share buybacks. However, the company has not yet responded to requests for comment from Fortune.



Read more: Meta CEO Mark Zuckerberg to earn $700 million in new dividend program