Facebook Reaches 1 Billion Users

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(Photo Credit: MGN Online)

By Aaron Smith

NEW YORK (CNNMoney) — Yes, it’s finally happened: Facebook has exceeded one billion users.

Co-founder and Chief Executive Officer Mark Zuckerberg announced Thursday that his social media site had reached the major milestone.

“This morning, there are more than one billion people using Facebook actively each month,” he said. “Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.”

Facebook Inc stock edged up in premarket trading.