Facebook IPO: The rich get richer
The Facebook IPO will see many rich individuals get richer, with Mark Zuckerberg leading the way. The social networking company is only getting about half, or $5.6 billion, of the roughly $10.6 billion it plans to raise via its mega IPO. The other half, or about $4.9 billion, is going to a handful of inside investors, many Silicon Valley notables.
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Mark Zuckerberg is the co-founder and chief executive of Facebook, which plans to raise up to $10.6 billion from its IPO. -
Peter Thiel, the co-founder and former chief executive of PayPal, is an early investor in Facebook. -
Yuri Milner is the founder of investment firm DTS, which bought a 1.96% stake in Facebook in May 2009 for $200 million. -
Mark Pincus is the co-founder of Zygna, the maker of popular online games such as FarmVille, CityVille and Mafia Wars, among others. -
Sean Parker was the founding president of Facebook, and joined the company when it was just five months old.
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