Tuesday, July 31, 2012

Zuckerberg’s Controlling Facebook Stake Worth $17.6 Billion

Yesterday, Facebook said it plannedto go public with an IPO price between $28 and $35 a share, which values the company as high as $95 billion.

Still, with founder Mark Zuckerberg maintaining firm control over the social network site (he’ll keep about a 57% voting stake), his approximate holdings of 534 million shares alone would be worth $17.6 billion.

As StreetInsider notes, that number puts him ahead of Microsoft‘s (MSFT) Steve Ballmer and Paul Allen, Dell‘s (DELL) Michael Dell, Nike‘s (NKE) Phil Knight, Russian steel tycoon Vladimir Lisin,�activist investor Carl Icahn and all of the Mars candy children.

Check out other soon to be green with envy billionaires on the Forbes list.

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