Pursuits
Zuckerberg Not Rich Enough for Global Daily Billionaires Ranking
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Mark Zuckerberg’s shares of Facebook Inc. may be worth less than $21 billion when the company completes its initial public offering in the months ahead.
Facebook intends to issue more than 500 million shares of its Class B common stock at the offering through the exercise of stock options and grants of restricted stock, according to its IPO prospectus. Those shares aren’t included in the total share count in the filing, so the numbers used to calculate Zuckerberg’s 28.4 percent ownership are incomplete.