InvestorsHub Logo
Followers 14
Posts 1098
Boards Moderated 0
Alias Born 07/15/2016

Re: NRS2005 post# 24415

Wednesday, 12/23/2020 5:02:51 PM

Wednesday, December 23, 2020 5:02:51 PM

Post# of 45151
No. He owns 100M Preferred shares with 100 votes per share. Commons are NOT the only voting shares. Any capital shares MAY have voting rights. Preferred can and often do have voting rights. Check out the structure for Facebook. Zuck controls 57.9% of the voting through his preferred. There are even some companies where the commons have NO voting rights, for example, SNAP.