by At the end of March 2018, the Swiss National Bank (SNB), held 8.93 million A class shares compared to Mark Zuckerberg’s holding of 8.91 million, according to the newspaper Handelszeitung. © Bumbleedee | Dreamstime.com However, most of Zuckerberg’s shares are B class shares, a class of shares which is not quoted and give the founder control of the business. Zuckerberg holds 393.9 million of these. Together his A class and B class shares give him a 13.8% stake in the business, valued at around US$ 63 billion1. The SNB’s stake in Facebook is worth around US.4 billion1, a small slice of the SNB’s assets, valued at CHF 843 billion, including CHF 42 billion of gold and CHF 790 billion of foreign currency investments. 2017 was a good year for Switzerland’s central bank and brought a profit of
Topics:
Investec considers the following as important: Business & Economy, Editor's Choice, Swiss National Bank, Swiss National Bank Facebook
This could be interesting, too:
Investec writes Study shows how Swiss doctors and hospitals overcharge
Investec writes Health care cost brake initiative to go to a vote
Investec writes The Swiss canton with the highest crime rate
Investec writes One in ten Swiss worried about money at the end of the month
At the end of March 2018, the Swiss National Bank (SNB), held 8.93 million A class shares compared to Mark Zuckerberg’s holding of 8.91 million, according to the newspaper Handelszeitung.
© Bumbleedee | Dreamstime.com
However, most of Zuckerberg’s shares are B class shares, a class of shares which is not quoted and give the founder control of the business. Zuckerberg holds 393.9 million of these.
Together his A class and B class shares give him a 13.8% stake in the business, valued at around US$ 63 billion1.
The SNB’s stake in Facebook is worth around US$1.4 billion1, a small slice of the SNB’s assets, valued at CHF 843 billion, including CHF 42 billion of gold and CHF 790 billion of foreign currency investments.
2017 was a good year for Switzerland’s central bank and brought a profit of CHF 54 billion. CHF 50 billion of this profit came from its foreign currency holdings. The rest came from gold (CHF 3 billion) and Swiss franc positions (CHF 2 billion). Total expenses for the year totaled CHF 415 million.
More on this:
Swiss National Bank balance sheet (in English)
1 Share price at 4 April 2018.