New York (CNN Business) As Lyft makes its debut as a publicly traded company, co-founders Logan Green and John Zimmer will be rich. Lyft LYFT At an opening price of $87.24 a share, Green's stake inis valued at about $730.5 million while Zimmer's shares are worth about $504 million. Lyft co-founders John Zimmer (left) and Logan GreenGreen and Zimmer will continue to control Lyft, because most of their shares are in the form of Class B stock -- which has super-voting rights. Green, who is also Lyft's CEO, and Zimmer, who is Lyft president, will have just under 49% of the voting power. Rakuten RKUNF Japanese e-commerce gianthas a 13% stake in Lyft that is now worth more than $2.7 billion.

Source: CNN March 29, 2019 12:56 UTC