Snapchat founder can earn half a billion

san francisco - Evan Spiegel, one of the founders of Snapchat, can earn more than half a billion dollars if the IPO is a success. He will receive 36.8 million shares, representing 14 to 16 dollars worth each. In total, the package can thus get a value of 588 million dollars, converted 552 million.

Bloomberg has calculated the value. The last time a CEO earned as much, Mark Zuckerberg was the IPO of Facebook in 2012. He had been seven years earlier, 120 million Facebook options. Which were then worth 6 cents each, for a total of $ 7.2 million, which was at the IPO increased to a total of more than 4.5 billion dollars.

The Mirror shares is in addition to the importance it has in Snapchat. That is $ 3.4 billion worth.