Matthew Prince holds over 33 million shares of Class B common stock in Cloudflare, giving him substantial voting power in the company. His wealth in Cloudflare stock peaked at around $3.67 billion in late 2021, reflecting the company's significant growth...
Matthew Prince holds over 33 million shares of Class B common stock in Cloudflare, giving him substantial voting power in the company. His wealth in Cloudflare stock peaked at around $3.67 billion in late 2021, reflecting the company's significant growth during that period. Since becoming CEO in 2009, he has seen his holdings fluctuate with the company's performance, particularly during the tech boom when the stock price soared. In 2023, his total vested stock was valued at approximately $18.3 million, showcasing his investment in the future of Cloudflare, while still maintaining a sizeable stake compared to the overall share structure. As of now, his holdings continue to represent a strong commitment to the company’s long-term success. Moreover, Prince utilizes performance-based metrics to ensure his interests align closely with those of the shareholders.