IMAGINE if you made so much money every single minute of your day you could afford to take a yearly salary of $1.
That’s Facebook chief executive Mark Zuckerberg’s reality. He reaped a $US3.3 billion ($A3.58 billion) gain last year by exercising stock options in the social networking company that he founded in his Harvard dorm room.
To most of us, $US3.3 billion is an abstract number devoid of all meaning beyond “that’s a frackload of money”, so let’s put it into perspective in smaller numbers we can all comprehend.
It equates to $US275 million a month, $US63.4 million a week and $US9.04 million a day.
Not small enough?
Mr Zuckerberg pockets $US6,278 a minute.
So when he takes a whiz, he makes $US12,556, or $US18,834 if he’s an obsessive hand washer.
In the time it takes for him to go down to the cafe and grab a coffee, he nets $US43,946, and he’s probably a lot less excited than you when he reaches the ‘free coffee’ milestone on his punch card.
Chowing down a sandwich for lunch is worth $US62,785.
Assuming he’s one of those people who only survives on four hours of sleep, when he wakes up in the morning, he’s $US1.5 million richer. Every day. Nice.
Facebook spelled out the windfall in regulatory documents filed on Monday. It marks the second straight year that Zuckerberg has realised a huge gain from stock options. In 2012, he made $US2.3 billion off his stock options.
The documents show Zuckerberg had no stock options remaining after exercising 60 million of them last year at a price of six cents per share. He then sold 41.35 million shares for $US55.05 apiece in December primarily to cover his taxes.
The 29-year-old Zuckerberg still owns 426.3 million Facebook shares currently worth $US25.7 billion.
Facebook paid Zuckerberg a $US1 salary last year.
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