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Who Owns Facebook?
If you’re wondering who owns Facebook, you’ve come to the right place. Mark Zuckerberg owns a majority of the company and is responsible for its day-to-day operations. There are two main classes of Facebook shares, Class A and Class B. Class B holders get ten votes per share and Class A holders get one vote per share. Zuckerberg has 57.9% of the company’s voting power. The rest of the shareholders include Christopher Cox, an attorney and entrepreneur.
Microsoft Bill Gates
Did you know that Microsoft’s founder, Bill Gates, also owns Facebook? If so, you might be wondering what Gates’ interest in Facebook has to do with his stake in Microsoft. The answer is relatively simple: Gates owns the social network, which is a massive competitor to Microsoft. In 2005, Gates gave his ex-wife Melinda $35. See the article : How to Change Your Name on Facebook.7 billion worth of Microsoft stock to the foundation. This has reduced his stake in Microsoft, but he still maintains a large financial stake.
In an interview with BusinessWeek, Gates praised Zuckerberg for his drive, saying that he’s really just a product manager. Interestingly, Gates’ background is somewhat similar to Zuckerberg’s. While Gates spent most of his life building Microsoft, he devoted most of his wealth to charity. Like Zuckerberg, Gates was ruthless in his competition with other technology giants, and he was a Harvard dropout.
Fidelity Investments
You may have heard that Boston-based financial services company Fidelity Investments owns Facebook. While it is not the first large mutual fund company to acquire shares of Facebook, Fidelity also has a substantial stake in the social media company. See the article : How to Recover Facebook Account – Forgot Your Facebook Password?. Fidelity’s Contrafund and similar funds own shares of Facebook, Zynga Inc. and Groupon Inc. Fidelity declined to discuss its investment in Facebook.
Investors can access information about Facebook through the SEC database. Reading expert analysis of companies’ performance can help you decide whether or not Facebook is right for you. While “buy-and-hold” is a good investment strategy, you may ultimately decide to sell your shares. In this case, selling your shares will involve a similar process to buying. However, before you sell your Facebook shares, you should know how to sell your shares.
Justin Rosenstein
Dustin Moskovitz, co-founder of Facebook, is plotting to escape from the indignity of email. Since building the social networking website, Moskovitz has learned a lot about work communication. See the article : How to Create a Facebook Page For Your Business. He and Justin Rosenstein co-founded Asana, a program to improve office workers’ productivity by providing them with a project management and task-management tool. While Moskovitz still owns 2% of Facebook, Asana recently went public via direct listing.
While there has been little press about the social networking giant, it’s easy to assume that he owns at least 2% of the stock. Rosenstein and Choe, who founded software company Asana, aren’t the only Facebook stockholders. Michael Bloomberg, who co-founded Google and owns a 2% stake in the company, is another founder. But the Facebook founders haven’t forgotten how to get attention. They made the first version of Facebook available only to Harvard University students.
Sheryl Sandberg
Sheryl Sandberg is the chief operating officer of Facebook. She’s also responsible for the company’s ad business and has been credited with normalizing privacy intrusions. She is the most popular female executive in America, and is a source of inspiration for women around the world. During her tenure, Sandberg has used her power for good, using it to advance the company while protecting her own reputation. Sandberg’s legacy can be traced back to key moments in Facebook’s history.
As the first female executive of a major tech company, Sandberg was an anomaly. Women were under-represented in the tech industry, but her background in the public sector gave her a distinct advantage. Her TED Talk, ‘Lean In,’ laid out the basic tenets of progressivism, and she subsequently launched a nonprofit to help women apply her ideas. She also has been criticized by some for the way she managed Facebook.
Eduardo Saverin
The billionaire founder of Facebook, Eduardo Saverin, was a Harvard University student when the company was founded. Saverin’s investment in Facebook was $15K, and he was responsible for financing the company. He was so interested in the idea that he refused to go to California with his Harvard classmates for the summer in 2004, which gave Zuckerberg time to advertise the new company and recruit other students. Saverin later received a hefty $70 million IPO on his own.
Despite his high-profile position, Eduardo Saverin remains one of the world’s youngest billionaires. In the 2010 hit movie “The Social Network,” he was portrayed by Brad Pitt as Eduardo Saverin, a co-founder of Facebook. Afterward, he renounced his U.S. citizenship and moved to Singapore. Since then, he has remained relatively low-key, focusing on angel investing in Silicon Valley-based companies.
Dustin Moskovitz
The CEO of Facebook, Dustin Moskovitz, owns nearly seven percent of the company. The Facebook CEO was one of the founding members, along with Mark Zuckerberg, of the social networking site. Moskovitz left Facebook in late 2009 to pursue his own start-up. He has been selling shares every day since August 19, when he was allowed to do so. The stock is currently trading at $28, and his 124.6 million shares are now worth $3.5 billion.
Despite his position as the CEO of Facebook, Moskovitz remains friends with Mark Zuckerberg. Moskovitz was also a college roommate of Obama, where he was the director of social media for the presidential campaign. He even appeared on the cover of a Fast Company magazine article, titled “The Kid Who Made Obama President”.
