1000 Facebook Employees will be Millionaire

Facebook is poised to be a public company after filing a document for the Initial Public Offering (IPO) to the U.S. Securities and Exchange Commission. Facebookclaimed expects to receive approximately $ 5 billion when the IPO was held, whichwill make their employees rich.

It is estimated that approximately 500 to 1,000 employees who have a quota stock options in a company based in Menlo Park, California that will be a millionaire. The value of Facebook itself is estimated to reach USD 100 billion.

Not known exactly how many shares owned by each worker Facebook. Giving stockoptions depending on his position and how long he dedicated himself in the world's largest social networking site is.

Reuters report mentions in 2009, Facebook engineer who has worked for 15 yearshas an option to buy 65 thousand shares at a price of EUR 6. Current valuationmakes these shares will be worth USD 12 million.

Facebook itself continues to grow huge and growing profits from year to year. In 2011, they achieved revenues of EUR 3.7 billion and profit EUR 668 million.

Facebook hoped to register the shares trading on the New York Stock Exchange or the Nasdaq Stock Market under the symbol FB. Similarly, as reported by dailymail and quoted Updatec.com on Thursday (02/02/2012). image from dailyMail.co.uk