Facebook’s IPO: 10 People Who Will Strike It Rich
Business + Economy

Facebook’s IPO: 10 People Who Will Strike It Rich

REUTERS/Robert Galbraith

Facebook’s 27-year-old CEO, Mark Zuckerberg, owns almost 534 million shares, or 28.4 percent of the company – and controls 56.9 percent of its voting shares – meaning that if the company gets valued at $100 billion, Zuckerberg would be worth $28.4 billion. He’d be the fourth-richest person in America, so he can afford the pay cut to $1 a year that will go into effect January 1, 2013.

But Zuckerberg isn’t the only one who stands to reap huge rewards from Facebook’s IPO. Plenty of others have or will become multi-millionaires, or billionaires, when the company goes public later this year. Investment firms like Accel Partners and DST Global (led by Russian billionaire Yuri Milner) will see their stakes officially valued in the billions, while hundreds of individuals will reportedly become millionaires (on more than just paper for those who haven’t already sold private shares). Here are 10 other Facebook investors who are poised to profit massively from the IPO.

David Choe
A number of media reports out Thursday focused on the graffiti artist who decorated the walls of Facebook’s first headquarters and opted to get paid in stock instead of cash. Choe’s artful move will have a pretty payoff, expected to be more than $200 million. On his website, the artist says he “was born in 1976 in Los Angeles. Today he is currently homeless, wandering the Earth making good art and bad music." With that kind of bankroll, he can wander the Earth in a Gulfstream G650.

Dustin Moskovitz
The Facebook co-founder and Zuckerberg’s former Harvard roommate owns 7.6 percent of the company. He has already been crowned by Forbes as the youngest billionaire in the world (beating out Zuckerberg by eight days). His net worth had been estimated at $1.4 billion in 2010, meaning it will have jumped by as much as $6.2 billion since then.

James Breyer
Breyer, the principal partner of Accel Partners, has an 11.4 percent stake in the company, including 11.7 million shares in a trust under his name and almost 190 million shares owned by Accel. Total value: potentially more than $11 billion.

Sean Parker
The Napster cofounder who helped Facebook wrangle early investors reportedly has a 4 percent stake in Facebook—small enough that the details aren’t disclosed in Facebook’s SEC filing, but large enough to be worth a cool $4 billion.

Peter Thiel
The billionaire venture capitalist and PayPal co-founder was Facebook’s first outside investor, plowing $500,000 into the company in 2004. Thiel now has 44.7 million shares, or 2.5 percent of the company – a stake that would be worth as much as $2.5 billion.

Sheryl Sandberg
Facebook’s chief operating officer will be going from millionaire to billionaire. She got total compensation of almost $31 million in 2011, including a base salary of $300,000, a bonus of more than $86,000 and stock options valued at $30.5 million. Sandberg currently owns nearly 1.9 million shares and has options to buy 4.7 million more at low strike prices. The 42-year-old Google veteran also has more than 39 million “restricted stock units,” which vest over time. She could be worth $2 billion or more. That wouldn’t quite match Oprah Winfrey’s $2.7 billion net worth, but it sure is close.

David Ebersman
As with Sandberg, Facebook’s chief financial officer received a base salary of $300,000 last year and a bonus of $86,133 – and, as with Sandberg, he stands to collect much, much more over time. His total compensation for 2011 also included a stock grant valued at $18.3 million, and Ebersman owns almost 2.2 million shares and 7.5 million restricted stock units.

Marc Andreessen
The entrepreneur had his own high-profile IPO windfall as co-founder of Netscape, which went public in 1995 and was later bought by AOL for $4.2 billion. Andreessen, now a venture capitalist who invests through his firm Andreessen Horowitz, owns nearly 3.6 million common shares of Facebook, worth close to $200 million.

Ezra Callahan
A Stanford alum, Callahan served as product manager and head of internal communications at Facebook from late 2004 until mid-2010, according to the Los Angeles Times. With a reported 0.08 percent stake in the social media giant, Callahan’s shares could be worth as much as $80 million.

Mark Zuckerberg’s father
Facebook’s filing says that Edward Zuckerberg, a New York dentist, provided the company with “initial working capital” in 2004 and 2005. In return, the company issued him an option to buy 2 million shares – which went unused. To reward him for his early help, the SEC filing says, in December 2009, the Facebook board “issued an aggregate of 2,000,000 shares of our Class B common stock to Glate LLC, an entity owned by Mr. Zuckerberg’s father.” Those shares could soon be worth as much as $100 million. On top of that, the elder Zuckerberg has the peace of mind that comes with knowing he won’t have to support his college dropout son.

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