The billionaires club welcomed a new member at the close of trading Tuesday, as Facebook Chief Operating Officer Sheryl Sandberg saw her net worth top the $1 billion mark when the social network’s stock closed at $58.51 per share, Bloomberg reported.
Sandberg holds some 12.3 million Facebook shares, which are worth about $750 million, according to Bloomberg, and she has sold more than $300 million worth of shares since Facebook went public in May 2012.
Did she do $1 billion worth of work? I don’t know. She had the good fortune to land in the right place where her talents could really be applauded.
Readers: What do you think of the latest member of the billionaires club?
Billion image courtesy of Shutterstock.