3 ms·Jack owns ~24% of the company. It is just his equity.by rco8786 11y agoJack owns ~24% of the company. It is just his equity.flintchip 11y agoYes, but 10% of 100% is a lot more than 10% of 24%.rco8786 11y agoIt was reported that he would be giving up 30-50%(now at least 50% apparently) of his own stake. Which comes out around 10% of the entire company, depending on what number is actually correct.