Early Facebook employee Eduardo Saverin appears to have sold at least a chunk of his shares of the company, according to the company’s S-1 filing with the Securities and Exchange Commission.
He isn’t listed as significant stakeholders (meaning he own more than 5 per cent of the company), even though they were at Facebook during its earliest days.
At last report, Saverin owned 5 per cent of Facebook. So he either sold a part of his shares or they were diluted during an additional fundraising round.
Even if Saverin sold a very small part of his stake, he’s already fabulously wealthy. Even 0.1 per cent of Facebook (at the top-end valuation) is worth about $100 million.