Today, Facebook founder Mark Zuckerberg is the 16th richest person in the world with a total assets of approximately USD 36.3 billion. Rising from zero turnover, Facebook continues to acquire new apps.

According to Forbes report, one of the its co-founders, Moskovitz became the youngest self-made billionaire in history with 2.34 percentage share in Facebook. Facebook is giving competition to IT giants such as Google and Microsoft. Recently, Facebook started '' which is providing data-free access to users.
Facebook acquired WhatsApp for a whopping amount of USD 19 billion on February 19, 2014. It has also made investments in LuckyCal and Wildfire Interactive.

This year, Facebook bought four companies (Speech recognition), Quickfire (Video Compression),  TheFind (E-commerce) and Surreal Vision (Computer vision).

Facebook's other top-notches are-
Parakey (Offline applications/Web OS) in 2007,
ConnectU (Social networking) in 2008,
FriendFeed (Social networking aggregator ) in 2009,
Sofa (Software design) in 2009,
Octazen (Contact importer) in 2010,
Divvyshot (Photo management) in 2010,
Nextstop (Travel recommendations) in 2010,
Chai Labs (Internet applications) in 2010,
Hot Potato (Check-ins/status updates) in 2010, (Social casual Q&A service app) in 2011,
Instagram (Photo sharing) in 2012,
Atlas (Atlas advertiser suite) in 2013,
Parse(Mobile app backend) in 2013

In the field of social networking, Facebook's contemporaries such as Google+, Twitter, LinkedIn, MySpace and Digg are lagging behind it.

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