Nebraska native Evan Williams holds estimated $2.6 billion stake in Twitter

It’s been a big week for Twitter—yesterday the company’s initial public offering of stock opened trading on the New York Stock Exchange at $45 per share, raising 73 percent in the first day of trading. But for Nebraska native and Twitter co-founder Evan Williams, the company’s IPO is just the beginning. Williams, who holds a 10.4 percent…

It’s been a big week for Twitter—yesterday the company’s initial public offering of stock opened trading on the New York Stock Exchange at $45 per share, raising 73 percent in the first day of trading. But for Nebraska native and Twitter co-founder Evan Williams, the company’s IPO is just the beginning. Williams, who holds a 10.4 percent stake in the company, is Twitter’s largest individual shareholder, meaning that—at least on paper—the Clarks, Neb., native and University of Nebraska-Lincoln alum is well on his way to becoming more than a billionaire. With close to 57 million shares and a stake valued at $2.56 billion, according to Bloomberg, the former Twitter CEO now serves as a member of the company’s board of directors. Recently Williams founded blogging platform Medium. — Source: Lincoln Journal Star

 


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This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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