Chris Thilk 3:42 pm on February 7, 2020 Tags: advertising ( 5 ), facebook ( 12 ), instagram ( 2 ), social media ( 31 ) instagram ad revenue Facebook makes a lot of money off Instagram ads. Source: Instagram brought in $20 billion in ad revenue last year, more than a quarter of Facebook’s earnings – The Verge Share this:TwitterFacebookLike this:Like Loading... Related