Business

Facebook CEO reaps $3.3B gain from stock options

By Washington Examiner
Published April 1, 2014 8:03am ET
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Facebook CEO reaps $3.3B gain from stock options
FILE - In this Thursday, March 20, 2013 file photo, Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif. Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room. (AP Photo/Jeff Chiu, File) | Jeff Chiu

SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room.

The windfall saddled Zuckerberg with a huge tax bill, even though he limited his Facebook salary to just $1, according to regulatory documents filed Monday.

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