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.
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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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