Generally speaking, some of the more prominent Facebook investors have lost a collective $19,2 billion since Facebook’s public listing. Zuckerberg has fared the worst though: he’s lost $7,5 billion.
The Internet is full of lists – the majority of them are useless pieces of information. This list isn’t exactly one of those because it carries an extra element – pride. A lot of people have lost a lot of money in the few months Facebook has been listed as a public company.
Here is the top three, in money-losing order, of course. You’ll note that between the top three, more than $10 billion has evaporated:
1) Mark Zuckerberg has watched his wealth sink by about $7,5 billion.
Shares owned: 503 601 850
Stake at debut: $19,1 billion
Current stake: $11,6 billion
Zuckerberg also sold 30 200 000 shares when Facebook went public for a return of $1,15 billion.
2) Dustin Moskovitz, co-founder, has lost $2 billion.
Shares owned: 133 698 645
Stake at debut: $5,1 billion
Current stake: $3,1 billion
3) Sean Parker‘s large stake has also lost him a good $1,1 billion.
Shares owned: 69 653 657
Stake at debut: $2,65 billion
Current stake: $1,6 billion
Some of the other more recognisable biggest losers include good old Goldman Sachs’s. They’ve lost about $623 million. Microsoft: it’s watched its $1 billion stake shrink by $393,8 million.
Facebook shares have recently been hovering around the $23 mark. That’s $15 off the $38 they debuted at.
It all feels like a rather bad game of monopoly.
Check out the rest of the biggest losers HERE.
[Source: BusinessInsider]
