Thursday, March 22, 2012

Millionaire Graffiti Artist

David Choe's Facebook imageDavid Choe must have had a Kafkaesque morning, waking up to find himself changed in his bed into a monstrous millionaire. Seven years ago, the graffiti artist painted murals on the walls of Facebook's first offices in Palo Alto, California, and, according to The New York Times, he was paid in stock options in the realm of, reportedly, 3.77 million shares. On Wednesday [1 February 2012] night, the social network announced that it will seek an initial public offering, and at an estimated $53 a share, you can do the math on Choe's net worth. (He clearly did.) [$200 Million]

-- Jimmy So,, "David Choe, Facebook's Millionaire Graffiti Artist" (3 February 2012)

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