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Thursday, October 6, 2022

Executive Education

Report: Facebook’s Annual Revenue From 2009 To 2018

Prof. Dr. Amarendra Bhushan DhirajProf. Dr. Amarendra Bhushan DhirajExecutive Education
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Despite controversy after controversy, in its fourth-quarter earnings report for 2018, Facebook revealed just how well it did. The social media giant has reached another milestone: $50 billion in annual revenue.

In 2018, Facebook’s revenue amounted to 55.8 billion, up from $40.6 billion in 2017. The majority of Facebook’s revenues are generated through advertising – advertising revenue amounted to close to $55 billion whereas payments and other fees revenues amounted to $825 million in 2018.

Advertisers are routinely drawn to the social media giant’s massive reach (some 2.3 billion monthly active users) and its not-so-secret targeted ad strategy. Facebook’s market capitalization at the end of January was some $480 billion, making it one of the most valuable companies in the world.

Facebook’s Annual Revenue From 2009 To 2018

  • 2018: $55.8 billion
  • 2017: $40.6 billion
  • 2016: $27.6 billion
  • 2015: $17.9 billion
  • 2014: $12,4 billion
  • 2013: $7.8 billion
  • 2012: $5.0 billion
  • 2011: $3.7 billion
  • 2010: $1.9 billion
  • 2009: $777 million
Facebook’s Annual Revenue From 2009 To 2018

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Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.
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