Here's who will get rich from the Lyft IPO - CNN

At an initial public offering price of $72 a share, Green's stake in Lyft (LYFT) will be valued at about $603 million while Zimmer's shares will be worth about $416 million.

Lyft co-founders John Zimmer (left) and Logan Green

Green and Zimmer will continue to control Lyft, because most of their shares are in the form of Class B stock -- which has super-voting rights. Green, who is also Lyft's CEO, and Zimmer, who is Lyft president, will have just under 49% of the voting power. Lyft executives and board members overall will control 61% of the voting rights.

But Green and Zimmer aren't the only ones that will cash in on Lyft's IPO.

Japanese e-commerce giant Rakuten (RKUNF) has a 13% stake in Lyft that is now worth nearly $2.3 billion. Rakuten founder and CEO Hiroshi Mikitani is a member of Lyft's board.

General Motors (GM) and mutual fund giant Fidelity both have a nearly 8% stake in Lyft. Those stakes are each worth a little north of $1.3 billion at the $72 offering price.

Silicon Valley venture capital firm Andreessen Horowitz owns about 15 million shares of Lyft, a 6% stake that's worth nearly $1.1 billion. Andreessen Horowitz co-founder Ben Horowitz is on Lyft's board.

Google owner Alphabet (GOOGL) has also made a big investment in Lyft. Alphabet owns about 12.8 million shares of Lyft through its CapitalG venture arm. That stake is worth $923.7 million.

And board member Valerie Jarrett, former adviser to President Barack Obama, has a stake that will be worth just under $500,000.

Let's block ads! (Why?)