One-Percenter Zuckerberg to Bank on Facebook (FB), Retain Majority Control
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How do you measure richness? Your bank statement? The amount of friends you have? Being in a rewarding relationship? A robust family structure?
In terms of this article, we're going with the former (money). For Facebook founder Mark Zuckerberg, that richness is thicker than a New York-style cheesecake and sweeter than a phone call from your dear mother.
According to Facebook's latest S-1 filing with the U.S. SEC, Zuckerberg's some 534 million shares of Facebook (Nasdaq: FB) will put his stake at $17.6 billion. That number, according to Bloomberg-compiled data, puts him atop Microsoft (Nasdaq: MSFT) CEO Steve Ballmer, Dell's (Nasdaq: DELL) Michael Dell, and Russian steel tycoon Vladimir Lisin (though, in terms of panache, Lisin would top the list).
Oh, he'd also be better off than Nike's (NYSE: NKE) Phil Knight, activist investor Carl Icahn, all of the Mars candy children, Microsoft's former exec Paul Allen, and about 99.999 percent of the other 6.8 billion people on earth. For a complete Forbes list, click here.
Numbers come after Facebook said it expected to price a 337.4 million IPO at $28 to $35 each.
Zucks will retain about 57 percent of voting power following the offering. For more color on the offering, click here.
Oh, Zucks also has a girlfriend (Priscilla Chan) and dog (Beast), so he's got some "home wealth" as well.
In terms of this article, we're going with the former (money). For Facebook founder Mark Zuckerberg, that richness is thicker than a New York-style cheesecake and sweeter than a phone call from your dear mother.
According to Facebook's latest S-1 filing with the U.S. SEC, Zuckerberg's some 534 million shares of Facebook (Nasdaq: FB) will put his stake at $17.6 billion. That number, according to Bloomberg-compiled data, puts him atop Microsoft (Nasdaq: MSFT) CEO Steve Ballmer, Dell's (Nasdaq: DELL) Michael Dell, and Russian steel tycoon Vladimir Lisin (though, in terms of panache, Lisin would top the list).
Oh, he'd also be better off than Nike's (NYSE: NKE) Phil Knight, activist investor Carl Icahn, all of the Mars candy children, Microsoft's former exec Paul Allen, and about 99.999 percent of the other 6.8 billion people on earth. For a complete Forbes list, click here.
Numbers come after Facebook said it expected to price a 337.4 million IPO at $28 to $35 each.
Zucks will retain about 57 percent of voting power following the offering. For more color on the offering, click here.
Oh, Zucks also has a girlfriend (Priscilla Chan) and dog (Beast), so he's got some "home wealth" as well.
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