January 6, 2021

who owns facebook? | Yahoo Answers

Shareholders; Mark Zuckerberg (controlling shareholder)

Mark Zuckerberg owns or controls 88.1 percent of Facebook’s Class B shares, which each have 10 votes at the annual meeting—3.98 billion votes overall.

There are only 2.4 billion Class A shares, which are the only shares ordinary investors can buy.

Class A shares refer to a classification of common stock that was traditionally accompanied by more voting rights than Class B shares. …

For example, Facebook awards more voting rights to Class B shares.

In any case, the share class with the most voting rights is typically reserved for the company’s management team.

Class A shares refer to a classification of common stock that was traditionally accompanied by more voting rights than Class B shares. Traditional Class A shares are not sold to the public and also can’t be traded by the holders of the shares.

Class B shares are a classification of common stock that may be accompanied by more or fewer voting rights than Class A shares. Class B shares may also have lower repayment priority in the event of a bankruptcy.

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