Mark Zuckerberg who is creator of Facebook has reduced his base salary to $1.00 form the year 2013. At present the CEO is earning $500,000 per year. This has come to the light by virtue of Facebook IPO filing for $5 Billion. Facebook has revenues of $3.7 billion and has an income of $1 billion.The proceeds from IPO will be used to counter rivals like Google, Linkedin and Twitter etc.
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