FACEBOOK ‘IPO’ Means Millions For Some!
We have all heard at nauseum that Facebook filed to go public on Wednesday and for many current and former employees it means huge paydays. The public offering could value the social media titan between $75 billion to $100 billion the personal worth for those employees with stock options could equal several hundred million bucks.
Facebook Co-Founder Mark Zuckerberg, 27, with a personal fortune of at least $28 billion will see his salary cut to $1 from $1.48 million last year, effective Jan. 1, 2013 (poor Mark).
Facebook Chief Operating Officer Sheryl Sandberg, (called the only "grown up" in the management group) who earned over $30 million last year, will become a billionaire. [vator.tv]
David Choe , The grafitti artist who painted murals at the Facebook headquaters will be worth approximately $200,000,000 million dollars when all is said and done. Not a bad deal for slapping some paint on a wall. [Huffington Post]
Cameron and Tyler Winklevoss, who sued Facebook for ownership but settled for $45 million in stock back in 2008 stand to be worth as much as $225 million or possibly as much as $300 million. [Wall Street Journal]
"Nice place America", for Zuckerberg who dropped out of Harvard to concentrate on Facebook, which he started with a few friends in his sophomore college dorm just a short eight years ago.
Facebook has 845 million users worldwide.