Facebook is a sensation in social media. With over 527 million daily users and a total of over 900 million active users, Facebook is now available in 70 languages.Over 300 million photos are being uploaded every single day to the site. Hence, Facebook has become a real money making machine for many people especially for the advertisers.
The Facebook IPO is expected to turn over 1000 individuals into millionaires in few years. Let us have a look at the people who already became billionaires in a short span through this company.
The CEO, Chair and Founder of Facebook Mark Zuckerberg has approx 28% stake of the company with an estimated owner for $24 billion. This places him as the 35th richest person according to Forbes and 9th most powerful person in the business world. He even crossed Pope Benedict and Warren Buffet in this category. Mark Zuckerberg Wiki Page Here.
Dustin Moskovitz is one of the co-founders of Facebook and was Mark Zuckerberg’s roommate at Harvard University. Dustin Moskovitz exited from Facebook in 2008 and has 7% stake in the company. This made him the World’s youngest billionaire with $6.5 billion current assets who is just 8 days younger than Mark Zuckerberg. Dustin started his own company, Asana which helps to connect people in workplace.
Eduardo Saverin is one of the co-founders of Facebook and was Mark Zuckerberg’s roommate at Harvard University. He has 4% stake in the company which is worth $3 billion now. This Brazilian native fled to the United States after his family was listed in kidnapping targets for Brazilian gangs. He started two companies Jumio and Qwiki. He is planning to move to Singapore in which he is not needed to pay capital gains tax for investment in Facebook.
Sean Parker is one of the founders of Napster. Napster has created sensation in music industry which is a file sharing program. Peter Thiel was the first large investor in Facebook and Sean Parker played an influential role in helping their Facebook team to impress him. Parker has an almost equal share as Eduardo Saverin which is 4% – worth $3.3 billion today.
Peter Thiel is one of the most successful investors especially in startups. He has good knowledge about the futuristic projects and technologies. Having founded Paypal and Youtube, Thiel was the first significant investor in Facebook in its initial stages. His investment of $500,000 is worth over $2 billion today due to his 2.5% ownership in it.