Facebook's IPO: 11 People Becoming Ridiculously Rich

Facebook's IPO: 11 People Becoming Ridiculously Rich

Mark Zuckerberg’s father

Facebook’s filing says that Edward Zuckerberg, a New York dentist, provided the company with “initial working capital” in 2004 and 2005. In return, the company issued him an option to buy 2 million shares – which went unused. To reward him for his early help, the SEC filing says, in December 2009, the Facebook board “issued an aggregate of 2,000,000 shares of our Class B common stock to Glate LLC, an entity owned by Mr. Zuckerberg’s father.”

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