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Facebook makes Sheryl Sandberg worth about $2.1 billion

COO earned $31 million in 2011, making her the top paid executive at the social network

Technology trends and news by Bambi Francisco Roizen
February 1, 2012 | Comments
Short URL: http://vator.tv/n/240f

She already has a lot of power and influence in the tech world, now Sheryl Sandberg, Facebook's 42-year-old chief operating officer, may have just solidified her ranking as one of the richest females in the world, and definitely one of the highest paid executives in technology.

In Facebook's highly-anticipated IPO filing released Wednesday, in which it states it will raise $5 billion, making it the largest Internet IPO ever, Sandberg received nearly $31 million in compensation in 2011, from a base salary of $300,000, an $86,000 bonus and $30 million in stock awards. At that compensation package, Sandberg certainly ranks among the highest paid executives, let alone female executives. According to Forbes' rankings of 500 executives, the average package was $9 million, back in 2010.

She also owns 1,899,986 in common stock and 39,321,041 in restricted stock units, which are subject to vesting. At Facebook's internal valuation of $29.73, that means Sandberg's worth $56.4 million dollars.

Add in the stop options, and assuming she sticks around for them to vest and if the stock price doesn't appreciate (which it should), she's worth $1.2 billion. Assuming the stock goes out at $41 a share at a valuation of $80 billion, which analysts are estimating, she could be worth $1.7 billion.

If Facebook goes out at a valuation of $100 billion, Sandberg, who's been at Facebook since 2008, and at various positions at Google since 2001, would be worth more than $2.1 billion.  Suffice it to say, Sandberg, who has an undergraduate and MBA degree from Harvard, has done her alma mater proud.  

At more than $2 billion, Sandberg would be right up there with talk-show queen Oprah Winfrey, who's current net worth is $2.7 billion, according to Forbes 400 richest list. She's also top Meg Whitman, former eBay CEO, whose net worth is $1.3 billion. 

See Forbes' list below.

(image source: womensvoicesforchange.org


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