It's in Zuck's personal interests to maintain a high share price, because his li...

jonathankoren · on April 17, 2019

Zuckerberg is worth 66 billion dollars.

Do you really think his lifestyle is going to change if he was suddenly worth a mere 660 million? (That’s a 99% reduction.) I don’t think you really have a grasp on just how obscenely wealthy this man is, and how little it actually effects him.

dredmorbius · on April 18, 2019

That depends tremenously on how his wealth is tied up, what is liquid, and how collateralised it is.

And wealth, as Mr Hobbes says, is power.

jonathankoren · on April 21, 2019

All of that is moot. It’s writing off 99%. I can see no situation where he couldn’t protect 1% of his wealth, or even just 0.1%.

And anyway this is missing the point. Even if Facebook got delisted. He still controls Facebook. The cost of the shares means literally nothing.