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Huh just assumed he got a bigger piece of the oculus sale.
by friendlybus 7y ago
Huh just assumed he got a bigger piece of the oculus sale.
- OnlineGladiator 7y agoOculus was acquired for $2.3 billion, so he'd need to have owned nearly 50% of the company to become a billionaire from it's sale.
- mkl 7y agoNot exactly. The acquisition was mostly in the form of Facebook shares, which I expect have increased in value since.
- OnlineGladiator 7y agoIt was a mix of cash and shares (not sure on the split), but I checked the stock price for fun - holy shit it has nearly tripled since the acquisition 5 years ago.