Mark Zuckerberg Will Cash In for a Billion Dollars When Facebook Goes Public

Illustration for article titled Mark Zuckerberg Will Cash In for a Billion Dollars When Facebook Goes Public

Zuck! You ol' devil. As part of Facebook's upcoming IPO you're going to sell 30.2 million shares at a price somewhere between $28 and $35 per share, which we'll just call a billion dollars because it's a nice big round impressive number. Congrats! At least someone's going to be getting rich off of this thing.

Oh, and sorry to any and all power-mad technophiles out there; Zuck's still holding onto 57.3% of the company. Or, if you prefer, another billion-plus dollars just waiting to be sold. [Business Insider]

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I can not wait until it all comes crumbling down. This is not the future of the internet and online social communties. Merely a jumping off point.