“Zuckerberg IPO Haul Could Top $28 Billion” — WSJ
So, exactly how much is $28 billion, Facebook founder Mark Zuckerberg’s reported stake in the about-to-go-public company?
Enough to buy the nicest home in the Twin Cities.
And every other home, too. (Actually, just in Minneapolis and St. Paul).
I got that by dividing $28 billion by $150,000 — the average-priced Twin Cities home these days, give or take.
That comes to 186,667 homes — a decent guess as to how many single family homes exist in both cities.
P.S.: I can actually imagine some downsides to having that much dough.
Like, how much do you have to leave for a tip at a restaurant without having the wait staff think you’re a cheap skate?
And . . . yup . . dodging Realtors all eager to discuss “amazing opportunities just for you.”