How much money did David Choe make from Facebook?
$200 million
How Facebook graffiti artist David Choe earned $200 million.
What percentage of Facebook does David Choe own?
between 0.1 and 0.25 percent
Commissioned by then president Sean Parker in 2005, Choe chose the stake (between 0.1 and 0.25 percent) in the website despite thinking it “ridiculous and pointless.” His estimated payment when the Facebook goes public is now somewhere in the vicinity of $200 million.
Does David Choe still own Facebook stock?
There is very little info on whether David continues to hold some or all of those Facebook stocks, but today the value of his shares would be over ₹1.3 billion (₹ 9500 crore)! That right there shows the power of holding a stake in a company.
How much does a David Choe painting cost?
David Choe’s work has been offered at auction multiple times, with realized prices ranging from 199 USD to 13,500 USD, depending on the size and medium of the artwork.
What is David Choe doing now?
Now Mr. Choe, 45, has an actual television deal with the cable network FX and the streamer Hulu. “The Choe Show,” a limited series debuting Friday, is part interview, part performance art and part therapy session.
How did David Choe become famous?
A US graffiti artist who painted Facebook’s offices is set to become a multi-millionaire when the social network begins trading as a public company. David Choe, who first spray-painted the walls of Facebook HQ in 2005, accepted shares in payment for his work.
Who is David Choe?
Graffiti artist David Choe knows the second scenario well. As featured on a recent episode of CNBC’s “ The Filthy Rich Guide ,” in the early 2000s, Choe’s work caught the eye of Sean Parker, founder of Napster.
What happened to Choe’s Bowery Mural?
In June, a newly finished mural by Choe in New York City’s Bowery neighborhood was almost immediately tagged over, reportedly as protest against his alleged history of sexaul assault. Choe spoke out on the controversy, admitting and apologizing for a complicated past, but saying, “I have ZERO history of sexual assault.”
How did Choe turn Facebook into a multimillionaire?
He took the stock. When Facebook went public at $38 a share in 2012, his stock options were worth $200 million, making him a bona fide multimillionaire. (Today the common stock is at more than $171 per share.) The windfall afforded Choe more than a little spending money. He used it in unique ways.
What is the controversy surrounding Choe’s work?
Choe and his work have also been the subject of controversy. In June, a newly finished mural by Choe in New York City’s Bowery neighborhood was almost immediately tagged over, reportedly as protest against his alleged history of sexaul assault.