May 4, 2012
Vijaya Prasad

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Who’s Getting Rich off Facebook

…and who’s getting disgustingly, filthy rich – that’s the real question. Facebook recently revealed that it will offer 337,415,352 shares at $28 to $35 per share. The New York Times has an awesome interactive on their website that may help non-finance majors understand the issue better. Something I was surprised to learn about it “Russian billionaire Yuri Milner’s DST Global is selling about 20 percent of its holdings, or 26.3 million shares.”

The following graphic is from the folks at Statista:

Who Earns the Facebook IPO?

Facebook made an announcement that investors and other finance types have been anticipating a long, long time.

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