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Cake day: June 14th, 2023

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  • Zuckerberg owns %14 percent of the 2.5 billion shares of the trillion dollar company.

    Yes, he could retire and live off a slice of the profit for the rest of his life. But that’s nothing. Anyone with a few tens of thousands of shares of a healthy company can do that. That massively understates the scope of his holdings.

    Facebook could never turn a profit again. Revenue could fall off a cliff. And Zuck could borrow against the value of his assets to get paid handsomely for the rest of his life.

    Heck he could shut down Meta and liquidate the company for pennies on the dollar and still have more money than most people see in 100 lifetimes.