YouTube co-founders Chad Hurley and Steve Chen are each worth about $326 million as a result of Google’s purchase of the video-sharing company, documents registered by Google Wednesday reveal.
Their takes are five times that of third co-founder Jawed Karim, who returned to Stanford before YouTube was bought last year. Karim got 137,443 shares, worth about $65 million based on the $470 closing price of Google’s stock yesterday. Hurley and Chen both have 694,087 shares.
For the full, long list of beneficiaries, check out the Securities and Exchange Commission document directly (see pages 5-16). Only a partial list is below in screenshot.
Venture firm Sequoia Capital, the main early backer of YouTube, got more than a million shares, or more than $502 million based on Google’s current stock price. Most of that, however, was transferred to Sequoia’s investors. The SEC link above provides a good look at who they are. Artis Capital, a hedge fund with ties to Sequoia, got about 176,500 shares, now valued at about $83 million. The other big indirect YouTube beneficiary we hadn’t known about before was the Ford Foundation (an investor in Sequoia). It carries 218,989 shares, valued at $103 million.
Finally, YouTube senior software engineer Yu Pan did well, with 75,593 shares, or about $36 million.