Facebook's IPO Will Make These People Millionaires And Billionaires
Facebook's IPO is going to create a thousand millionaires.
The top executives at Facebook, and its investors, are getting an unbelievable payout. We've heard reports of a valuation ranging between $75 billion and $100 billion.
We've assembled a list of the top shareholders, and how much their stakes are worth. We're calling it an $87.5 billion valuation for the sake of coming to a value for the stake.
These are existing shares that have already vested — not including options. The values are based off ownership of Class B shares.
General counsel Theodore Ullyot has a stake worth $86.8 million
Shares owned: 1,863,656
Percentage: 0.1%
Value: $86,758,507
Ullyot also holds 3,782,818 restricted stock units that haven't vested yet.
Zuckerberg's right hand woman Sheryl Sandberg is worth $88 million, with a whopper of a footnote
Shares owned: 1,899,986
Percentage: 0.1%
Value: $88,449,772
From the filing: Sandberg also holds 39,321,041 restricted stock units which are subject to vesting conditions not expected to occur within 60 days of December 31, 2011 (thanks to the commenters for pointing that out).
Those are unvested, so she might not get them if she gets fired. Sandberg also has another 3.5 million unexercised options.
With all those unvested shares, Sandberg is worth just a little shy of $2 billion at the current valuation — which could easily change in the future.
Facebook VP of engineering Mike Schroepfer has a stake worth nearly $100 million
Shares owned: 2,101,870
Percentage: 0.11%
Value: $97,848,048
From the filing: Schroepfer also holds 6,144,188 restricted stock units that have not vested yet.
See the rest of the story at Business Insider
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See Also:
- Here's One Of The First News Articles Ever Written About Facebook
- MARK ZUCKERBERG IS WORTH ~$25 BILLION
- The Makers Of Farmville Accounted For 12% Of Facebook's Revenue Last Year
