Who were the initial investors in Facebook?
Zuckerberg, Dustin Moskovitz, and Eduardo Saverin form Thefacebook.com LLC, a partnership. Facebook receives its first investment from Peter Thiel for US$500,000.
How many classes of Facebook stock are there?
There are roughly 440 million Class B shares. Zuckerberg personally owns nearly 360 million Class B shares, and through agreements with other Class B shareholders, controls the vote of another 32 million. That gives him control of some 392 million Class B Shares, some 90% of the total.
How many Class A shares does Mark Zuckerberg own?
In Form 4 filings with the Securities and Exchange Commission, Facebook disclosed that Zuckerberg acquired a total of 101,250 Class A shares FB, +1.50% for $0.00 over the past three days, through the conversion of 33,750 Class B shares on March 1, March 2 and March 3.
When did Facebook pursue dual class?
Proponents of such structures, including at Facebook, argue that they help make a company more stable and insulate the board and management from short-term pressure, allowing them to stay focused on long-term success. Facebook has also pointed out that its dual-class structure has been in place since 2009, well before …
How long did Mark Zuckerberg take to make Facebook?
Döpfner: How long did the development take? Zuckerberg: It only took me two weeks to build the first version of Facebook because I had so much stuff before then.
How much did Zuckerberg sell Facebook for?
The seventh-richest person in the world—worth $117 billion as of Wednesday, according to Forbes—sold shares of the company formerly known as Facebook on nearly every business day last year for a total of nearly $4.6 billion before taxes, according to Forbes’ calculations of Securities and Exchange Commission filings.
Who owns the most stock in Facebook?
Who Owns Facebook?
- #1 Mark Zuckerberg – 29.3% – US $54.3 billion (March 2020)
- #2 Jim Breyer & Accel Partners – 11.4% – $11.4 Billion.
- #3 Dustin Moskovitz – 7.6% – $7.6 Billion.
- #4 Yuri Milner & Digital Sky Technologies – 5.4% – $5.4 Billion.
- #5 Eduardo Saverin – 5% – $5 Billion.
- #6 Sean Parker – 4% – $4 Billion.
What percentage of Tesla does Musk own?
Musk owns 172.6 million Tesla shares, or a 17% stake, which makes him its single largest individual shareholder.
When did Facebook Join S&P?
December 20, 2013
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