If you invested in Facebook during its initial public offering, or IPO, you would have made a healthy profit. A $1,000 investment made on May 18, 2012, the date Facebook went public, would be worth nearly $4,900 as of Oct. 24, 2019, for a total return of around 400%, according to CNBC calculations.
How much of Facebook did Mark Zuckerberg own at IPO?
Zuckerberg, who is the world's fifth richest person, has now winnowed his stake in Facebook to about 14%, down from 28% at the time of the company's IPO. Since Facebook went public in May 2012, Zuckerberg and CZI have sold more than 132 million shares of the social media giant, worth nearly $15 billion in total.
How many billion did Facebook make on their IPO from selling shares?
Despite technical problems and a relatively low closing value, the stock set a new record for trading volume of an IPO (460 million shares). The IPO also ended up raising $16 billion, making it the third largest in U.S. history (just ahead of AT&T Wireless and behind only General Motors and Visa Inc.).