In the two years since Facebook’s IPO, the company’s executives and insiders have sold 186 million shares of stock, raking in $7.2 billion.
Eleven different shareholders have made more than $100 million off their shares, including co-founder and CEO Mark Zuckerberg ($3.2 billion) and COO Sheryl Sandberg ($455 million), according to a Bloomberg analysis.
Initially priced at $38, FB began trading on Nasdaq on May 18, 2012. After a rocky start in which share prices sunk to less than half their initial asking price, the stock hit an all-time high in March of this year. While the tech stock has since dropped about 20%, it is still more than 50% above its initial price, closing at $58 a share on Friday.
More Must-Reads From TIME
- Taylor Swift Is TIME's 2023 Person of the Year
- Meet the Nation Builders
- Why Cell Phone Reception Is Getting Worse
- Column: It's Time to Scrap the Abraham Accords
- Israeli Family Celebrates Release of Hostage Grandmother
- In a New Movie, Beyoncé Finds Freedom
- The Top 100 Photos of 2023
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time