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Initially, when Facebook was just a twinkle in his eye at Harvard, Zuckerberg owned a huge chunk of the company. As the company grew, so did the need for funding and expansion. This meant bringing in investors and, inevitably, diluting his ownership percentage. However, he always made sure to structure things in a way that he maintained a significant level of control. The IPO in 2012 was a massive event. It brought Facebook to the public markets, raised billions of dollars, and also reduced Zuckerberg's percentage. But as we discussed earlier, the dual-class share structure ensured his continued dominance. He retained the voting power even as his direct ownership decreased.
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