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Facebook’s Mark Zuckerberg Now Worth $20 Billion

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Based on the number of shares of Facebook stock he owned, company founder Mark Zuckerberg is now worth about $20.3 billion, according to calculations done by CNN.com. Zuckerberg owns 534 million shares of company stock, which opened at $42.05 on the first day of trading on Friday, rising to $45 at one point and then dropping to $38.23 by market close. The up-and-down performance was considered disappointing by many analysts.

Zuckerberg is followed on the new Facebook leader board by Sheryl Sandberg, chief operating office, who is now worth an estimated $1.6 billion with 41 million shares (though she won’t have access to 39 million of those shares until she stays with the company several years and becomes vested).

Sean Parker, the co-founder of Napster memorably played by Justin Timberlake in the Facebook film The Social Network, is now worth about $2.6 billion—far more than his bank account ever saw after the whole Napster saga.

Among the other big winners in the IPO are Accel Partners, a venture capital fund led by Jim Breyer that was instrumental in the company’s early investments and which netted $7.7 billion, and “angel” investor Peter Thiel, who put up $500,000 to get Facebook through its first summer of operations and whose 2.5 percent stake in Facebook is now worth around $1.7 billion. Also, investment firm DST Global holds a Facebook stake worth almost $5 billion.

 

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