Who Got Richer After The Facebook IPO?
Facebook, as everyone knows, is the biggest and most popular social network in the world and it got even bigger in terms of monetary value after the company's Initial Public Offering (IPO) last Friday.
But do you know the people who got even richer and would certainly be laughing their way to the bank on the light of that IPO?
According to a report, the following people made the most money on Facebook's IPO launch:
David Choe - is now worth $144.2 million after Facebook paid him 3.77 million shares of the company.
Bono - his Elevation Partners investment firm made about $1.5 billion.
Greylock Partners - their 1.5 share of Facebook is now worth about $1.6 billion dollars.
Eduardo Saverin - has now an estimated net worth of $2.7 billion and he may also possibly get away with an additional $67 million in taxes after allegedly renouncing his U.S. citizenship just right before the Facebook's IPO.
Sean Parker - his Facebook share is now worth about $2.65 billion.
Sheryl Sandberg - has now a paper value of $72.2 million in Facebook shares.
Yuri Milner - got $1.7 billion in cash and a paper value of $3.3 billion.
Peter Thiel - his Facebook stake is now valued at $1.7 billion.
Jim Breyer/Accel Partners - got a nice payout with a total of $7.7 billion.
Lastly but definitely not the least, of course, Mr. Facebook himself:
Mark Zuckerberg - his 503.6 million shares on Facebook is now worth a whopping $19.14 billion! Wow!
With all this being said, don't you guys wish you had invested on Facebook in year 2004 when the company was only on its early infancy? Some people just have great visions coupled with very nice luck, I guess.