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Mark Zuckerberg now owns nearly a third of Facebook

Published Feb 14th, 2013 7:57PM EST
BGR

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A filing with American regulators on Wednesday revealed that Mark Zuckerberg’s stake in Facebook (FB) has climbed to nearly 30% since the company’s disastrous initial public offering last May, Agence France Presse reported. The CEO and co-founder now owns a total of 632.65 million shares of Facebook, compared to about 500 million shares this past fall. After the company’s stock fell to an all time low of $17.55 in September, Zuckerberg promised that he would not sell any of his shares for at least a year. Recent Securities and Exchange Commission filings show that Zuckerberg has continued to purchase stock since making that promise.

Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.