AfterDawn: News

CEO Mark Zuckerberg now owns more of his company

According to a new SEC filing, Facebook founder and CEO Mark Zuckerberg now owns 29.3 percent of Facebook's Class A shares, more than he owned when the company went public last year.

At IPO time, Zuck owned a 28.2 percent stake. At current market value, the CEO's stake is worth $13.6 billion.



Thanks to stock and option-based compensation, the founder increased his stake over the last year.

Despite having far and away the most votes in the company, Zuckerberg only owns about 20 percent of the company thanks to different types of voting shares.

Facebook has a market value of $67 billion.

Written by: Andre Yoskowitz @ 16 Feb 2013 15:48

• Previous article

• Raspberry Pi 5MP camera accessory now available

• Next article

• Does Apple put engineers on fake projects to test loyalty? Probably not.

• 2 comments

• bogwart16

  I'm looking forward to the time when he owns 100% of it. Right before it goes down the crapper.
  

  We once had a empire and it was led by an emperor then we had a kingdom which was led by a king. Now we have a country.

  22.2.2013 09:32 #1

• mightyzog

  Of course he owns more of it.....everyone else is jumping ship. They all sold the minute they could and lost their asses.
  

  25.2.2013 11:31 #2