Photo: Michael Seto
Facebook’s COO Sheryl Sandberg – soon to be fabulously wealthy after Facebook’s impending IPO — apprently just bought a house in Menlo Park, Bloomberg reports.Though she has other options — like expanding into politics or trying a new job — she is expected to remain at Facebook for a while, people close to Sandberg told Bloomberg’s Douglas MacMillan.
Facebook is preparing for a $10 billion IPO — with the documentation expected to land this week — which could mean Sandberg’s stake in the company is worth somewhere near $1.25 billion.
(MacMillan says it could be a sign of her devotion to Facebook. We don’t really buy that — with Sheryl’s money she could buy a house in every city in America.)