Ousted Groupon CEO Andrew Mason Worth $228 Million

 By 
Todd Wasserman
 on 
Ousted Groupon CEO Andrew Mason Worth $228 Million

Don't feel too bad for ousted Groupon CEO Andrew Mason: He's worth about $228 million, according to a report.

The Wall Street Journal's Digits blog crunched the numbers and found that Mason's 7.1% stake in combined Class A and Class B shares left him with a nest egg in the hundreds of millions. The $228 million is also in addition to the $31 million the 32-year-old Mason made off the company prior to its IPO, Digits reports.

The bad news: Mason was actually a billionaire when Groupon initially went public in November 2011, but the stock has fallen about 85%. The good news: Since he was fired on Thursday, Mason's fortune has increased by about 7% as investors cheered the decision.

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