Facebook IPO to start between $28-35 per share. Will make Mark Zuckerberg one of the richest in the world.

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I should have gotten into Computer Programming when I was in college.  I don’t care if they call me a geek – if the payout would be as much as Mark Zuckerberg, Facebook’s CEO, who will surpass Microsoft CEO Bill Gates in terms of wealth.

Facebook is offering about 337.4 million shares for $28 to $35 each, according to a regulatory filing yesterday. At the upper end of that range, the co-founder’s stake would be $17.6 billion, making him richer than Microsoft Corp.’s Steve Ballmer and Russian steel billionaire Vladimir Lisin, who are both twice his age, according to the Bloomberg Billionaires Index.

Facebook’s IPO would value the company at as much as $96 billion. It is offering 180 million of the shares, while existing owners such as Accel Partners and Digital Sky Technologies are offering 157.4 million shares, according to the filing. Zuckerberg is offering 30.2 million of his 533.8 million shares. The majority of his net proceeds will be used to pay taxes associated with exercising a stock option.

Where do I sign?

via The Washington Post.

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