Many pre-IPO investors and shareholders stand to make a tidy profit from Facebook’s foray into the public sector. Board members, angel investors, venture capitalists, and even family members will become millionaires, if not billionaires, overnight in what is touted to be largest tech IPO ever.
Chairman and CEO Mark Zuckerberg will make the most substantial gains, effectively netting a cool $18.7 billion and making him the second-youngest billionaire alive. The youngest? Facebook co-founder Dustin Moskovitz, who stands to make $4.7 billion from his 7 percent stake in Facebook. He left the company in 2008 to found Asana.Investors and board members aren’t the only ones with a stake in Facebook. Outside beneficiariesof the IPO include David Choe – whose graffiti art in Facebook’s headquarters netted him some stock that could now be worth hundreds of millions of dollars – as well as Zuckerberg’s father and sister, and his Harvard rivals the Winklevoss twins.
Facebook’s IPO has been one of the most anticipated and talked about of its kind, all made possible by the angels, venture capitalists and global investors who have made big bets on Facebook.
Click ahead to see who Facebook’s investors were pre-IPO, and how much of a stake they have in the company.
By Mary Catherine Wellons and Joseph O'Dell
Updated 18 May 2012