Facebook said in its IPO filing that it values its shares at $29.73. At that price, Zuckerberg‘s options windfall would be worth $3.6 billion. But analysts expect Facebook shares to go for a premium when they’re sold to the public. A private-market trade last week valued Facebook’s shares at $40 each — giving the company an overall valuation of around $100 billion. That price tag would make Zuckerberg’s options worth almost $5 billion.
Either way, the windfall lines him up for a whopping tax bill. The top U.S. marginal tax rate this year is 35%. Zuckerberg’s home state of California also carves off a big slice, hitting those with incomes of $1 million or more with a 10.3% income tax.
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