Do you mean that advertisers pay to get information like your name, email address, street location, and other identifiable information about you, like in a huge spreadsheet?
Or do you mean that advertisers can pay money to have their adverts displayed to the sorts of people who most likely will be interested in them but receive no personal data, as explained at https://www.facebook.com/about/ads/ ?
While I get that some people like to make it sound more dramatic by saying "sell your personal data to advertisers" while understanding how it works, it's also common that people just don't understand.