Mark Zuckerberg Is Expected To Make About $1 Billion From Facebook’s IPO

Watch the money pile up.

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Complex Original

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Word got out yesterday that Facebook would be selling shares at a range of $28 to $35 in its IPO on May 18th. Of the 337.4 million shares that will go on sale, 30.2 million belong to Mark Zuckerberg himself. That means, at the very least, Zuck will make about $846 million in exactly two weeks. At the most, he could gain about $1.05 billion. And he’ll still retain control of 57 percent of the voting power of Facebook’s remaining stock after the sale. In all, his net worth could increase to about $17.6 billion after it’s all said and done.

[via Mashable and Washington Post]

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