Twitter began in 2006 as a side project of startup Odeo, co-founded by Williams, Biz Stone and Jack Dorsey.
Williams was listed in Thursday's IPO filing as owning 12% of Twitter shares. Twitter is expected to be valued at more than $10 billion when the company goes public, probably some time in November. That would make Williams' stake worth at least $1.2 billion on paper.
FULL COVERAGE: Twitter goes to Wall Street
Dorsey owns 4.9% of Twitter, according to the filing, suggesting his stake will be worth almost half a billion dollars.
Stone was notably absent from the IPO filing.
Other major shareholders included CEO Dick Costolo, who owns 1.6% of the stock and invested early in the company's life before he took the helm.
Benchmark Capital, a venture capital firm which also invested relatively early in Twitter's existence, owns 6.7% of the shares.
Other 5% shareholders were listed as Rizvi Traverse, Spark Capital, Union Square Ventures and DST Global.
Union Square, headed by New York tech investor Fred Wilson, was among Twitter's earliest investors in 2007. That suggests the firm has made a huge killing on its investment.
Other 5% shareholders, such as Rizvi and DST, invested in Twitter later, when the valuation of the company had already jumped a lot. So they stand to make less money from the IPO.
Twitter S-1 filing
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