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Old May 1, 2018 | 11:13 am
  #295  
GUWonder
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Originally Posted by stimpy
Oh it's much. much more than $19b now. Facebook stock has increased a heck of a lot since that deal. Of course it depends on how much he cashed out, but I would guess that he kept most of in in FB stock. I wonder if he is thinking about what to do next with all that wealth. He could start some amazing new businesses, but of course you need that Golden idea to make the effort worthwhile.
The indications in the press are that the co-founders had concerns about the direction of WhatsApp under Facebook over privacy (or maybe other things too). Some articles are saying that at least the second co-founder to leave may be leaving as much as nearly a billion dollars behind due to leaving before the last tranches of stock were to be fully vested/unrestricted. The co-founders are very wealthy men by any stretch of the imagination, and I am hoping they use a lot more of the money to promote privacy and civil liberties in a world that has them under assault from the left, the right, the business sector, governments, and criminal/rogue elements.

I am pretty sure that most of their wealth is not in Facebook shares. The key guidance is to diversify, and I would hope that it was done big time as soon as they could.

Last edited by GUWonder; May 1, 2018 at 11:19 am
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