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Zuckerberg To Maintain Control At Facebook Following IPO

In what is likely to be the biggest ever internet IPO, Facebook has revealed details of a flotation which could raise up to US$10bn. Founder Mark Zuckerberg will retain 56.9% of the voting shares, with economic control of approximately 28% of shares. If Facebook achieves its expected valuation of US$100bn, Zuckerberg’s shares would be worth US$28bn.

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