Netflix Co-founder owns Facebook shares worth over $10 mn

Netflix Co-founder and CEO Reed Hastings, who turns 56 today, reportedly owns Facebook shares worth over $10 million as of September 2016. Hastings had bought shares worth $1 million in the company shortly after he joined as a board member in 2011. His current holding is estimated to be up from 47,846 shares in 2012 to 83,075 shares.