Facebook IPO: Top 10 Richest Shareholders
The Facebook IPO has evoked an overwhelming response from business individuals to venture capitalists. It is the largest technology IPO being portrayed till date, even overshadowing the popular Google IPO that came out in 2004. Here is a list of the top ten shareholders of Facebook:
1. Mark Zuckerberg
Status: Founder, CEO
Age: 26
Residence: Palo Alto, CA
Education: Two years at Harvard University
Facebook stake: 24%
Net Share Value: $20.4 billion
Selected TIME Magazine's "Person of the Year" in 2010, Mark Zuckerberg is credited for connecting the world via Facebook.
2. Accel Partners
Status: Venture Capital Investor
Founded: 1983
Location: Palo Alto, CA
Facebook stake: 15%
Value: $12.75 billion
Jim Breyer, the managing partner at Accel is reported to have offered a $400 bottle of wine to Mark Zuckerberg at a posh Silicon Valley restaurant that helped seal the deal for Accel Partners' $12.7 million investment in Facebook. Kevin Efrusy, another Accel partner apparently secured the inside lead on an early stage financing of Facebook by walking up to the firm's Palo Alto offices, uninvited, on April Fool's Day, 2005.
3. Dutin Moskovitz
Status: Former Employee
Age: 26
Residence: San Francisco, CA
Education: Two years at Harvard University
Facebook stake: 6%
Net Share Value: $5.1 billion
This guy was reportedly Mark Zuckerberg's roommate and how lucky that has turned out is anybody's guess. He is the youngest U.S. billionaire, who is also one of the original founders of Facebook cadre.
Born in Washington D.C., Moskovitz met his fellow co-founders at Harvard University in 2004 where they developed the social networking site from their dorm room.
4. Digital Sky Technologies
Status: Corporate Investor
Founded: 2005
Location: Moscow, London
Facebook stake: 5%
Value: $4.25 billion
Digital Sky, Russian Internet Holding Company, grabbed 1.96% of Facebook stock in May 2009 when it spent $200 million at a $10 billion valuation. Digital Sky, which is largely backed by a wealthy Russian oligarch, also the owner of Facebook clone VKontakte - the largest social network in Russia.
The company's Managing Director Yuri Milner (pictured) has enabled Digital Sky amass sizeable shares in Zynga and Groupon, besides holding talks to buy a substantial stake in Twitter.
5. Eduardo Saverin
Status: Former Employee
Age: 28
Residence: Miami, FL
Education: BA/BS, Harvard University
Facebook stake: 5%
Value: $4.25 billion
One of the three original founders of Facebook, Eduardo Saverin was a Harvard classmate of Mark Zuckerberg. As an acting business partner of "The Facebook," in 2004, Saverin concentrated on developing advertiser relationships while Zuckerberg focused on product development.
6.Sean Parker
Status: Former Employee
Age: 31
Residence: San Francisco, CA
Education: High School Graduate,
Oakton High School,VA
Facebook stake: 4%
Value: $3.4 billion
In 1999, at the age of 19, Parker co-founded the file sharing (and wrong-side-of -copyright-law) music service, Napster. At a trendy Chinese restaurant in New York in 2004, Parker met Facebook co-founder Mark Zuckerberg and became a mentor and advisor to the rising entrepreneur.
7. Peter Thiel
Status: Angel Investor,
Member of Board of Directors
Age: 43
Residence: San Francisco, CA
Education: JD, Stanford University
Facebook stake: 3%
Value: $2.55 billion
"Just don't f**k it up," is what Peter Thiel told Mark Zuckerberg when the two finalized Thiel's investment in the cash-strapped startup, according to Facebook chronicler David Kirkpatrick. In late 2004, Thiel became Facebook's first significant outside investor when he put up $500,000.
8. Microsoft
Status: Corporate Investor
Founded: 1975
Location: Seattle, WA
Facebook stake: 1.6%
Value: $1.36 billion
Microsoft invested $240 million in the Fall of 2007 at what appeared to be a nosebleed $15 billion valuation, which garnered Ballmer a 1.6% position. Facebook's current $75 billion valuation means Microsoft's stake in privately-held Facebook has outperformed its own publicly-traded stock 5x.
9. Greylock Partners
Status: Venture Capital Investor
Founded: 1965
Location: Menlo Park, CA; Cambridge, MA
Facebook stake: 1.5%
Value: $1.275 billion
One of the oldest VC firms in the country, Greylock got its piece of the world's hottest tech company by getting in on Facebook's $27.5 million Series C round.
10. Meritech Partners
Status: Venture Capital Investor
Founded: 1999
Location: Palo Alto, CA
Facebook stake: 1.5%
Value: $1.275 billion
Meritech Capital Partners secured its Facebook shares by participating in the company's $27.5 million Series C round. Joining Meritech in the transaction were Greylock, Accel and Angel investor Peter Thiel, with the round valuing Facebook at over $500 million.
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