Tuesday, June 05, 2018

GitHub Billionaires Will Own More Microsoft Stock Than Its CEO -- Bloomberg

"Communists" gain big Microsoft votes
"The windfall will make billionaires of Tom Preston-Werner, Chris Wanstrath and PJ Hyett, according to the Bloomberg Billionaires Index, and shake up the ownership ranks of the world’s largest software company. The transaction will turn them into some of Microsoft’s biggest individual shareholders.

Each of the three could receive about 12.3 million Microsoft shares, assuming they control equal stakes in GitHub. A 0.16 percent holding would give each of them about 10 times more shares than Chief Executive Officer Satya Nadella, and roughly 14 times more than President Brad Smith. Among insiders, only co-founder Bill Gates’s 1.34 percent holding would exceed theirs, according to data compiled by Bloomberg." 
GitHub Billionaires Will Own More Microsoft Stock Than Its CEO -- Bloomberg

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