IBTimes UK takes a look at who could secure a financial windfall from the social media giant's floatation (Photo: Reuters)
IBTimes UK takes a look at who could secure a financial windfall from the social media giant's floatation (Photo: Reuters)

Twitter has set a modest range for its initial public offering which values the social media giant at $10.9bn.

According to a regulatory filing, the micro blogging website unveiled the price range at $17 to $20 per share and said it could raise as much as $1.6bn (£987,000, €1.2bn) in the process.

Twitter also revealed that it hired NBC News digital executive Vivian Schiller as the head of news, as the company strengthens its key services.

IBTimes UK decided to take a look at who could be made very rich out of the IPO, even if the stock sold at the bottom end of the price range at $17.

David Rosenblatt

Twitter's Board of Directors and Chief Executive Officer of 1stdibs.com

Shares: 291,666

Holding: Less than 1%

Worth: $4.95m

Adam Bain

Twitter's President of global revenue.

Shares: 1,785,818

Holding: Less than 1%

Worth: $30.35m

Dick Costolo

Twitter's CEO since 2010. Joined Twitter as Chief Operating Officer in 2009.

Shares: 7,675,239

Holding: 1.6% (will have 1.4% after the offering)

Worth: $130.47m

Jack Dorsey

Twitter's Co-Founder and Chairman

Shares: 23,453,017

Holding: 4.9% (will have 4.3% after the offering)

Worth: $398.7m

Evan Williams

Twitter's CEO until 2010. Now working on a publishing platform, Medium, dedicated to long-form content.

Shares: 56,909,847

Holding: 12% (will have 10.4% after the offering)

Worth: $967.46m

DST Global and Affiliates

Russian billionaire Yuri Milner's investment firm

Shares: 23,744,745

Holding: 5% (will have 4.4% after the offering)

Worth: $403.66m

Union Square Ventures and Affiliates

Shares: 27,838,992

Holding: 5.9% (will have 5.1% after the offering)

Worth: $473.26m

Benchmark

Venture firm

Shares: 31,567,052

Holding: 6.6% (will have 5.8% after the offering)

Worth: $536.63m

Spark Capital and Affiliates

For a time, Spark partner Bijan Sabet served on Twitter's board.

Shares: 32,414,224

Holding: 6.8% (will have 6% after the offering)

Worth: $551.04m

Rizvi Traverse Management and Affiliates

A closely held private-equity fund based in Michigan.

Shares: 85,171,093

Holding: 17.9% (will have 15.6% after the offering)

Worth: $144.79m

Twitter