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by a13n 2559 days ago
Mark owns less than 30% of Facebook.
2 comments

Voting shares are real ownership.
No, they're voting shares... He owns the majority of voting shares, but they aren't worth the majority of the value of company, and therefore he doesn't "own the majority of the company".
I think the shares people buy without voting rights are not ownership, they are a weird financial instrument that should flat out be illegal. If you honestly think he doesn't own the company, despite having full uncontestable control of all it's resources, I believe you're one of the many to have been duped, friend.
If you count by shares, yes. But his stock gets more votes, so he owns 60% of the votes.
Just to be a pedantic asshole, but I’m pretty sure he only owns 53% of voting shares.
The article I found said 60%, but that could easily be wrong or just out of date.