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Mark Zuckerberg Set To Make £523 Million In Facebook IPO

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FACEBOOK IPO MARK ZUCKERBERG PROFIT
Mark Zuckerberg Set To Make £523 Million In Facebook IPO | Alamy

Mark Zuckerberg may be a very wealthy man, but the pricing of the Facebook IPO overnight makes it clear the sale of share in his company's initial public offering will make him a very, very, very wealthy man.

The social network founder and nemesis of Winklevii everywhere, will make Zuck £523 million, or $846 million.

Facebook announced its IPO pricing overnight, saying it will sell 337.4 million shares at $28 to $35.

The company’s filings with the SEC say that Zuckerberg will be sell 30.2 million of his personal shares, bringing his profit to approximately $846 million based on the stated figure.

The sale will make him richer than Microsoft's Steve Ballmer and Vladimir Lisin, the Russian steel billionaire, according to Bloomberg.

CEO Mark Zuckerberg, who will turn 28 this month, is currently worth $17.6 billion, according to Bloomberg's tech billionaires list.

LEARN MORE ABOUT THE FACEBOOK IPO
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Facebook IPO fun figures: :: 845 million - the number of active users of the site :: 483 million - the number of these social networkers who log on every day :: 130 - the average amount of friends per user :: 250 million - the average number of photos uploaded each day :: 70 - the number of languages on the site :: 350 million - the number of active users who access Facebook on a mobile device :: 900 million - the total number of pages, groups and events on the site :: 20 million - the number of times people install Facebook apps every day :: 7 million - the quantity of apps and websites integrated with Facebook :: 3,000 plus - the number of Facebook employees :: 1 billion dollars - the profit Facebook made in 2011 :: 3.71 billion dollars - Facebook's revenue in 2011 :: 28.4% - the proportion of Facebook owned by its CEO Mark Zuckerberg

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