Mark Zuckerberg, founder and current CEO of Facebook, the owner of the famous social networking site and a number of other technology companies, is preparing to sell nearly 18 percent of his stake in the company in a year and a half from now.
Mark Zuckerberg is expected to put between 35 and 75 million shares of his shares in Facebook for sale and has closed the regulatory filing in the stock market last Friday on the arrival of the price of shares of Facebook at 170.54 US dollars, Which means that 75 million shares of the company will be valued at about US $ 12.8 billion.
Mark Zuckerberg and his wife, Priscilla Chan, announced at the end of 2015 their intention to sell a large percentage of their shares in Facebook over the coming years, in order to find sufficient financial support for a large charitable project that works in several areas, the most important of which is health and discovery of remedies, Very poor.
The market value of Facebook exceeded $ 500 billion this year to join the world's richest companies. Its founder, Mark Zuckerberg, joins the world's wealthiest list with a fortune of $ 72.7 billion, ranking him fifth on the list.
Facebook Inc., founded in 2004 by 5 people, has about 20 companies and is seeking to acquire more than that number from companies operating in different technical fields. Among the most prominent companies acquired and owned by Facebook, are Instagram, Watasab, And others.
Yikes, wish I had 75 million shares of FB to sell. Insane riches
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