It's happened [1] but for it to happen to a company with the structure of Facebook a lot of things would have to go wrong. For starters Zuck owns Class B share

It's happened [1] but for it to happen to a company with the structure of Facebook a lot of things would have to go wrong. For starters Zuck owns Class B shares which have 10x the votes of Class A shares. I'm sure a bank would happily loan him money against his Class B shares, but any forced liquidation would involve a transfer to Class A shares. Zuck could lose a lot of shares and still maintain control of the company. [1] https://www.wsj.com/articles/a-board-struggles-with-its-ceos-borrowing-1454031068 https://www.wsj.com/articles/a-board-struggles-with-its-ceos...