Facebook IPO: Meet the millionaires and billionaires
Facebook IPO: Meet the millionaires and billionaires
Mark Zuckerberg: $20.3 billion
Facebook IPO: Meet the millionaires and billionaires
Sheryl Sandberg: $72 million
Facebook's COO is known for academic brilliance; a career that includes stints as chief of staff for the U.S. Secretary of the Treasury and vice president of global sales at Google; and leaving work at 5:30 every day. Not only does she have a life, but in her disciplined work life, she's helped nurture Facebook and gained nearly 1.9 million shares of stock, which, at the opening number of $38 per share, makes her holdings work $72 million.
Facebook IPO: Meet the millionaires and billionaires
David Ebersman: $77 million
He's a numbers guy who has been more behind the scenes but who will be far more in the public eye as CFO of Facebook. Ebersman already had experience as CFO of a public company -- Genentech -- and has added a level of calm and stability that has helped distinguish Facebook from other high-growth tech companies. With nearly 2.4 million shares of stock, he will be worth close to $77 million, just based on today's IPO.
Facebook IPO: Meet the millionaires and billionaires
Mike Schroepfer: $87 million
Facebook would be a pile of uninteresting data and messaging if it didn't have a vice president of engineering who could help the company scale its systems for its nearly 1 billion users. Schroepfer knows how to work with browser interfaces, as he was vice-president of engineering at Mozilla, which makes the Firefox browser. And he knows big data systems, having spent time as CTO for the data center automation group at Sun Microsystems. It's unusual to find someone with that range of front-end and back office experience, which is probably why he holds 2.3 million shares of stock worth $87 million.
Facebook IPO: Meet the millionaires and billionaires
Ted Ullyot: $76 million
When, like Facebook, you do things that push boundaries on business practices and push buttons of privacy advocates, competitors, and regulators, you need a good lawyer. General Counsel Ullyot is another person on Zuckerberg's management team who has deep experience both in the private sector and government. On one hand, Ullyot clerked for Supreme Court Justice Antonin Scalia and was an associate counsel in the George W. Bush administration. In for-profit enterprises, he was general counsel for AOL Time Warner Europe and a partner at law firm Kirkland Ellis, where he was a litigator. A background in public policy, regulatory compliance, telecommunications and technology law, public company issues, and international law makes him a smart hire who commanded 2 million shares of stock worth $76 million.
Facebook IPO: Meet the millionaires and billionaires
Mark Pincus: $201 million
Wait a minute! Pincus is CEO of Zynga (ZNGA), so what's he doing here? Apparently his deal-making skills are even more formidable than you might have thought. Facebook depends on Zynga for a lot of revenue: 15 percent last quarter. And when you bring in the bucks, you have more leverage than the average person. Pincus had 5.3 million shares worth a cool $201 million.
Facebook IPO: Meet the millionaires and billionaires
Jim Breyer: $7.6 billion
As a partner at VC firm Accel Partners and president of Accel Management Company, Breyer has been at the forefront of funding Internet, media, and tech companies, landing him the Forbes 2010 title of top tech investor. His picks have included Etsy, RealNetworks, Walmart.com, Legend Pictures (Wrath of the Titans and The Dark Knight Rises are two of its films), and Macromedia. His Facebook investment brought him 201.3 million shares, worth $7.6 billion.
Facebook IPO: Meet the millionaires and billionaires
Dustin Moskovitz: $5.1 billion
There's something to be said about being in the right place at the right time. Moskovitz knew Zuckerberg at Harvard back when Facebook was a project in the CEO's dorm room. Both dropped out after their second year. Moskovitz worked on the technical end, eventually leaving the company in 2009 to co-found another company called Asana. But not before he got 133.7 million shares that bring him a net worth of just under $5.1 billion. Not bad for a first job out of school.
Facebook IPO: Meet the millionaires and billionaires
Sean Parker: $1.5 billion
When he co-founded Napster, Parker proved himself one of tech's bad boys, bringing on the wrath of the recording industry down upon the file sharing service. He had an eye for controversy as well as what would be big. Parker is the one who knew how big Facebook would be and who brought in critical investor Peter Thiel. He also talked Zuckerberg out of returning to Harvard, making a lot of fortunes in the process and got Zuck the absolute control of the company that he still has. Hard partying ways soured some investors and employees on his remaining as president. Yet, even as his spirit remained, he walked away with 69.7 million shares, or $1.5 billion.
Facebook IPO: Meet the millionaires and billionaires
Peter Thiel: $1.7 billion
Facebook wouldn't have been what it is today without enough investment dollars -- giving it the financial power to hire, do business, and grow. The company's first big investor was PayPal co-founder and billion-dollar-hedge-fund manager Peter Thiel. He provided money, financial expertise, and a Rolodex of connections that would be hard to match. They were worth 44.7 million shares, or $1.7 billion.