In this video, Motley Fool contributor Jason Hall breaks down how Meta Platforms (META 20.32%) just announced something that’s worth an extra $697.5 million per year to founder and CEO Mark Zuckerberg. He also digs into the company’s big bounce-back 2023 results.

*Stock prices used were from the morning of Feb. 2, 2024. The video was published on Feb. 3, 2024.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Jason Hall has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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