Here’s who is going to get rich from the Square IPO

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Mario Anzuoni / REUTERS

Square’s long-awaited IPO is going to make a lot of money for its founders, investors and early employees.

The value of the IPO has yet to be determined, but Square’s private market valuation is $6 billion, according to the Wall Street Journal.

Jack Dorsey, Square’s cofounder and CEO, currently holds more than 70 million shares in the company, which makes him the biggest shareholder.

Dorsey has given back 20 percent of his equity to Square, and he’s not stopping there.

Vinod Khosla of Khosla Ventures could also see some nice returns, as one of the company’s top shareholders.

Here’s the list of major shareholders in Square that stand to make big bucks when it goes public.


Jack Dorsey, Square CEO and co-founder

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REUTERS/Rebecca Cook

Total shares owned: 71,124,082 Percentage of company: 24.4%

Dorsey is currently also Twitter’s CEO while pulling double-duty as CEO of Square. He’s been on the board and the company’s only CEO since 2009.


Vinod Khosla, Khosla Ventures

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Mario Anzuoni / REUTERS

Total shares owned: 50,522,780 Company share: 17.3%

Khosla invested early in Square and has been on the board since 2011.


James McKelvey, the other co-founder of Square

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Wikipedia commons

Total shares owned: 27,345,120 Company share: 9.4%

McKelvey co-founded Square with Dorsey in 2009. He’s since served on the board of directors for the payments company while Dorsey has been in charge of its day-to-day.


JP Morgan Chase Strategic Investments

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Thomson Reuters

Total shares owned: 16,018,376 Company share: 5.5%

J.P. Morgan Chase was revealed to be a surprise investor in Square in 2012 after a financial breakdown of its owners was released from the state of Alaska.


Rizvi Traverse

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http://www.rizvitraverse.com/portfolio/

Total company shares owned: 15,635,104 Company share: 5.4%

Rizvi Traverse Management has a thing for Dorsey’s companies. The firm invested both in Twitter and Square and stands to win big from both.


Roelof Botha, Sequoia Capital

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Brian Ach/Getty

Total company shares owned: 15,728,310 Company share: 5.4%

The venture capitalist, who was an early backer of YouTube and Tumblr, joined the Square board of directors in 2011.


Mary Meeker, Kleiner Perkins Caufield & Byers

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KPCB

Total shares owned: 8,623,410 Company share: 3%

Meeker joined the board six months after Botha in June 2011.


Sarah Friar, Square CFO

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YouTube/Screenshot

Total shares owned: 3,900,00 Company share: 1.3%

The only non-venture capitalist or founder on the list, Friar joined Square in July 2012 to serve as its CFO. Before that she had been at Salesforce and Goldman Sachs.